Vistra receives approval to extend Perry plant operation through 2046

Vistra (VST) announced that it has received approval from the Nuclear Regulatory Commission to extend the operation of its 1,268-megawatt Perry Nuclear Power Plant through 2046, an additional 20 years beyond its original license. The plant first connected to the grid in 1986 and is currently operating under its initial 40-year license. The company submitted its application for license renewal to the NRC in 2023. “Electricity is a basic building block of our economy, and as demand for electricity accelerates, nuclear power remains a cornerstone of a reliable, sustainable grid,” said Jim Burke, president and chief executive officer of Vistra. “Extending operations at Perry ensures that Ohio continues to benefit from a resilient source of baseload power, supporting jobs, economic activity, and grid reliability across the region. With this latest approval, all six reactors in Vistra’s fleet have received license extensions, reinforcing their long-term value to the communities and markets we serve.”