License Renewal
NRC process extending U.S. reactor operating licenses from 40 to 60 years (initial renewal) based on aging management.
Under 10 CFR 54, applications review passive degradation; 94/94 approvals to date. SLR adds 20 years. Costs ~$100M, 22-30 months.
Why it matters now
2025-2026 renewals secure 200+ GW capacity for data center PPAs, offsetting retirements amid SMR delays.