US NRC approves licence extension for Xcel Energy’s Monticello nuclear plant
The US Nuclear Regulatory Commission (NRC) has approved the renewal of Xcel Energy’s Monticello nuclear plant operating licence, extending its operations until 2050, pending state regulator approval. The plant is a key component of Xcel Energy’s strategy to achieve 100% carbon-free electricity. It currently powers over 500,000 homes annually in the Upper Midwest. Xcel Energy CEO Bob Frenzel highlighted that nuclear energy will be crucial for meeting growing electricity demand while advancing clean energy goals….