Jan 1, 2001
PPL's Susquehanna nuclear plant produced more electricity in 2000 than it has in any year since the plant began operation in 1983.
The two-unit, Luzerne County, Pa. plant generated more than 17.5 billion kilowatt-hours in 2000, breaking the previous record, set in 1996, by 3.8 percent.
"This record is tribute to the outstanding efforts of nearly 1,400 employees who are dedicated to ensuring that PPL Susquehanna is one of the best operating and safest nuclear power plants in the country," said Herbert D. Woodeshick, special assistant to the president.
Woodeshick noted that 1 billion kilowatt-hours is enough electricity to provide for the annual needs of 100,000 households in the eastern U.S., where PPL Susquehanna's electricity is marketed.
Susquehanna had only one unscheduled outage in 2000. "Focusing on safety and equipment reliability results in improved generating performance," Woodeshick said. "Our philosophy always has been to focus on safety. This achievement shows that we're making progress, but there's always room for improvement."
PPL Susquehanna, LLC operates the Susquehanna plant and owns 90 percent of it; Allegheny Electric Cooperative Inc. owns the remaining 10 percent. PPL Susquehanna is a subsidiary of PPL Generation, which operates nearly 10,000 megawatts of generating capacity in Pennsylvania, Maine and Montana.
PPL also is developing another 4,100 megawatts of capacity in Pennsylvania, New York, Connecticut, Arizona and Washington state.
The PPL Corporation (NYSE: PPL) family of companies also markets wholesale or retail energy in 42 U.S. states and Canada, and delivers electricity to nearly 6 million customers in Pennsylvania, in the United Kingdom and in Latin America.
Certain statements contained in this news release, including statements with respect to future earnings, energy supply and demand, costs, subsidiary performance, growth, new technology, project development, and generating capacity and performance, are "forward-looking statements" within the meaning of the federal securities laws. Although PPL Corp. believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements involve a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: market demand and prices for energy, capacity and fuel; weather variations affecting customer energy usage; competition in retail and wholesale power markets; the effect of any business or industry restructuring; the profitability and liquidity of PPL Corp. and its subsidiaries; new accounting requirements or new interpretations or applications of existing requirements; operating performance of plants and other facilities; environmental conditions and requirements; system conditions and operating costs; development of new projects, markets and technologies; performance of new ventures; political, regulatory or economic conditions in countries where PPL Corp. or its subsidiaries conduct business; receipt of necessary governmental approvals; capital market conditions; share price performance; foreign exchange rates; and the commitments and liabilities of PPL Corp. and its subsidiaries. Any such forward-looking statements should be considered in light of such factors and in conjunction with PPL Corp.'s Form 10-K and other reports on file with the Securities and Exchange Commission.
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SOURCE: PPL Corporation
Contact: Herbert D. Woodeshick of PPL, 570-759-2285, or fax,