The Nebraska Public Power District plans to borrow $235 million dollars for general improvement projects, including work at Cooper Nuclear Station.
NPPD plans to issue the bonds Monday. Spokesman Mark Becker says $62 million dollars will be used for upgrades at Brownville’s Cooper Station, as part of the utility’s license renewal.“Also there’s a number of what I call paper projects, basically, we are going to a 24 month refueling cycle from 18 months, which means we have to do a lot of changes in procedures and how we go about doing testing to validate things, so there’s a lot of that that goes on as well, but a lot of it has to do with equipment.”
Becker says a 24 month refueling cycle will save the utility and its customers money.