- The Indiana Utility Regulatory Commission has approved a $1.1 billion life cycle management (LCM)project at Donald C. Cook Nuclear Plant in Bridgman, Mich. – run by the Indiana Michigan Power, a unit of American Electric Power.
- The project extends the plant’s life by 20 years. Cook’s two nuclear units generate over 2,100 megawatts, or 40% of the utility’s power generation portfolio. The operating license for Cook Unit 1 was issued in 1974, with the license for Cook Unit 2 issued in 1977.
- The utility plans to recover the cost through a rate increase its filing soon.
From the article:
“The LCM consists of a group of projects scheduled to span six years, with the majority of work to be performed during regularly scheduled refueling outages.”