Ppl Corp. (PPL), Tuesday said that the Nuclear Regulatory Commission has approved a 20-year extension of the operating licenses for its reactors at PPL's Susquehanna nuclear power plant in Luzerne County, Pennsylvania. The license for Unit 1 and Unit 2 have been extended to 2042 and 2044, respectively.
The company noted that the decision by the Nuclear Regulatory Commission is based on thorough safety and environmental reviews of PPL's application submitted in September 2006. The Commission reviewed thousands of pages documenting safety and environmental studies, and programs and processes for managing equipment.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.