CMS ENERGY ASKS U.S. NUCLEAR REGULATORY COMMISSION FOR 20-YEAR RENEWAL OF PALISADES OPERATING LICENSE
Jackson, Mich. Thursday, March 31, 2005
CMS Energy announced today that it has asked the U.S. Nuclear Regulatory Commission (NRC) for a 20-year renewal of its license to operate thePalisadesnuclear power plant.
The plant’s current NRC license expires in 2011. Consumers Energy owns the facility, which is operated by the Nuclear Management Company (NMC). NMC filed the license renewal application today on behalf of Consumers Energy, the principal subsidiary of CMS Energy (NYSE: CMS).
The NRC has approved license renewals for 30 nuclear generating units and is reviewing the applications submitted for 19 others. TheUnited Stateshas 103 licensed nuclear power plants, which generate about 20 percent of the nation’s electricity.
ThePalisadesplant can produce up to 789 megawatts, enough to serve a community of 500,000. The plant, which employs about 600, is located near South Haven,Mich.
Robert Fenech, Consumers Energy’s senior vice president of nuclear, fossil and hydro operations, said thePalisadesrenewal application reflects the plant’s importance to the utility’s 1.75 million electric customers.
“Palisades generates about 18 percent of Consumers Energy’s electricity and has been supplying customers with safe, low-cost energy since 1971. A proactive maintenance program, major capital investments, and continuous training have contributed to the safe and reliable operation of the plant,” Fenech said.
“The license renewal that we’ve requested will allow the plant to continue to serve customers beyond 2011 and to operate in the same manner that it does today, with continued high standards and stringent regulatory oversight by the NRC.”
Fenech noted the plant claimed in 2004 the continuous generating record for Consumers Energy and CMS Energy power plants, operating for 478 days straight.
CMS Energy is an integrated energy company, which has as its primary business operations an electric and natural gas utility, natural gas pipeline systems, and independent power generation.
Media Contacts: Jeff Holyfield, 517/788-2394 or Dan Bishop, 517/788-2395
Investment Analyst Contact: CMS Energy Investor Relations, 517/788-2590