A new agreement will allow the city of Two Rivers to continue receiving nuclear energy from the nearby Point Beach Nuclear Plant, the city announced Monday.
The agreement is between WPPI Energy, a member-owned nonprofit that serves 51 locally owned electric utilities, and the plant’s operator, NextEra Energy Resources.
The city of Two Rivers operates a locally owned electric utility that is one of WPPI’s members. The deal allows WPPI to continue taking 168 megawatts from the Point Beach plant into the 2050s, the announcement said.
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The new agreement comes after the Nuclear Regulatory Commission approved the plant’s second license renewal in September, allowing it to continue operating for 20 more years.
The plant came online in the 1970s and received a license renewal in 2005 that ran through 2030, according to the Nuclear Regulatory Commission.
“Point Beach Nuclear isn’t just an emissions-free power source, it’s one of our region’s most important employers, providing high-skill, high-wage jobs that support families and strengthen our local economy,” Two Rivers City Manager Kyle Kordell said in a statement. “This power agreement helps secure a sustainable energy future while preserving an anchor institution that has shaped this community for generations.”
According to NextEra Energy, the plant has a net electrical output of 1,200 megawatts. That’s more energy than 100 million LED lightbulbs.
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