NextEra's Wisconsin Nuclear Plant Units Receive 20-Year License Extension

NextEra Energy's Wisconsin nuclear plant units have received a 20-year license extension from the Nuclear Regulatory Commission. The extension will allow the units to continue operating until 2044. The decision is based on the plant's safe operation and compliance with nuclear safety regulations. The license extension is a positive development for NextEra Energy and its shareholders.

NextEra Energy Inc. (NYSE: NEE) has received a significant boost to its nuclear power operations, as the U.S. Nuclear Regulatory Commission (NRC) approved a 20-year license extension for Point Beach Nuclear Plant Units 1 and 2 in Wisconsin. The extension, which was formally announced on September 29, 2025, will allow the units to continue operating until 2044 and 2047, respectively NextEra Energy's Point Beach nuclear plant authorized to operate for 20 more years^[1].

The Point Beach Nuclear Plant, located in Two Rivers, Wisconsin, has been a cornerstone of the state's energy infrastructure since 1970 for Unit 1 and 1973 for Unit 2. Together, these units generate enough electricity to power nearly one million homes and businesses, contributing approximately 14% of Wisconsin's total electricity supply Point Beach Nuclear Plant license renewal extends operations at least another 20 years^[2].

The license renewal is a testament to the plant's safe operation and compliance with nuclear safety regulations. Brian Bolster, President and CEO of NextEra Energy Resources, expressed his pride in the plant's continued role in Wisconsin's energy future, stating, "This approval ensures that Wisconsin's only nuclear plant will continue to provide safe, reliable, low-cost energy for generations to come" Point Beach Nuclear Plant license renewal extends operations at least another 20 years^[2].

The approval represents a culmination of rigorous efforts by the plant's team to meet and exceed regulatory expectations. Thad Edmonds, Point Beach Site Vice President, highlighted the dedication and expertise demonstrated throughout the application process, ensuring the plant's vital role in supplying reliable electricity to Wisconsin NRC Authorizes NextEra Energy's Point Beach Nuclear ...^[3].

The economic impact of the plant extends beyond its operational benefits. Point Beach provides around 400 permanent, high-paying jobs, contributes over $80,000 annually to the local community, and encourages active employee engagement in local schools, youth sports, and government NRC Authorizes NextEra Energy's Point Beach Nuclear ...^[3]. The plant's operation also maintains grid stability, which is crucial for the state's energy infrastructure.

The license extension aligns with NextEra Energy's broader strategy to expand its nuclear leadership. The company recently received license renewal approval for Turkey Point Nuclear Power Plant, operated by its Florida Power & Light subsidiary, and is currently undergoing the renewal process for St. Lucie Nuclear Power Plant NRC Authorizes NextEra Energy's Point Beach Nuclear ...^[3].

NextEra Energy, Inc., a leading electric power and energy infrastructure company in North America, is committed to meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage NextEra Energy (NEE) Extends Point Beach Nuclear Plant Operations^[4].