Xcel Energy Applies for Renewal of Monticello License

From the Twin Cities Business Journal:

Xcel Energy Inc. has applied with the Nuclear Regulatory Commission to renew its operating license for its Monticello nuclear power plant, the company announced Thursday.

The Minneapolis-based utility company requested a 20-year extension for the single-unit, 600-megawatt plant. Its current 40-year license expires in 2010.

Hudson, Wis.-based Nuclear Management Co., which operates the facilities the Xcel, filed the application at Xcel's direction.

As we mentioned earlier, the NRC license renewal process is one of the great success stories of the American utility industry.

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