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Stock Market & Financial Investment News

News Breaks
June 25, 2014
07:05 EDTPPLPPL Corp. shuts down Unit 2 at Susquehanna Nuclear Power Plant for inspection
Operators at PPL Corporation's Susquehanna nuclear power plant began shutting down Unit 2 to inspect its turbine blades. Data from the extensive vibration monitoring equipment installed on the turbine indicates that a few turbine blades may have developed small cracks. While the unit is shut down, workers will perform additional maintenance activities that can be done only when the unit is not operating. Unit 1 continues to operate at full power. The financial impact of the current outage is not expected to be material.
News For PPL From The Last 14 Days
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December 14, 2014
15:51 EDTPPLPPL Corp. disconnects Unit 1 from the regional electric grid
Operators at PPL's Susquehanna nuclear power plant disconnected Unit 1 from the regional electric grid Saturday,12/13 because of a small water leak inside the containment structure. The massive concrete containment structure, which surrounds the reactor, is not accessible when the unit is running. Although the water leak is well within the plant's limits for continued safe operation, operators began shutting the unit down as a conservative measure to complete repairs and enhance the unit's reliability for the upcoming winter, when cold weather drives higher electricity use. PPL Susquehanna expects to quickly identify the source of the water leak, complete repairs and resume generating electricity for the regional power grid. The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric Cooperative and is operated by PPL Susquehanna.

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