Although New Jersey Gov. Phil Murphy recently signed a law to save three struggling nuclear plants in the state, that rescue plan doesn’t include Exelon’s Oyster Creek nuclear-generating station. The facility, the oldest still operating in the U.S., sits alongside Barnegat Bay in Ocean County’s Lacey Township. It will permanently shut down Sept. 17, according to Exelon’s Post-Shutdown Decommissioning Activities Report submitted to the U.S. Nuclear Regulatory Commission in May. Decommissioning costs are approximately $1.4 billion, and the NRC said the company already has $945 million in its decommissioning fund. But the actual removal of components and decontamination of the site won’t start until 2075, according to the document. For the intervening 57 years, the plant will be in “safe and storage” condition, one of the three options nuclear plant owners have for decommissioning a facility.
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