Vistra approved for 20-year operations extension at Ohio nuclear plant

Vistra (NYSE:VST) said post-market Monday that it received approval from the U.S. Nuclear Regulatory Commission to extend operations at its 1,268 MW nuclear power plant in Perry, Ohio, through 2046, adding 20 years to its original license.

The plant first connected to the grid in 1986 and is operating under its initial 40-year license; the company said it submitted its application for license renewal to the NRC in 2023.

The approval means each of Vistra’s (NYSE:VST) six reactors have now received license extension from the NRC through 2046, the company said, with Beaver Valley units 1 and 2 in Pennsylvania licensed through 2036 and 2047, respectively; the single reactor at Davis-Besse in Ohio licensed through 2037; and Comanche Peak units 1 and 2 in Texas are licensed to operate through 2050 and 2053, respectively.

Vistra’s (VST) six nuclear reactors have the capacity to generate more than 6,500 MW of energy, enough to power ~3.25M homes, the company said.