Project Process and Timeline
How a nuclear project gets decided.
We will publish dates when they are based on completed work, not hopes.
The steps
Where Prosperity One is today
1
Proposal and site studiesWe are here now.
2
Early Nuclear Regulatory Commission engagementPre-application engagement is planned.
3
Site characterizationIncluding about two years of on-site weather data.
4
License application, review and public hearingsDecided by the Nuclear Regulatory Commission.
5
PJM grid studiesDecided by PJM Interconnection.
6
State and local permitsWater, roads, land and other permits.
7
Financing and agreementsOwners, lenders and buyers of the power.
8
Final investment decisionThe decision to build.
9
ConstructionOnly after every step above.
10
OperationUnder Nuclear Regulatory Commission license and inspection.
These steps are shown without dates on purpose. If studies show the site cannot meet federal requirements, or the project cannot be financed responsibly, it will not go forward at this scale or at all.
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