Holtec Completes Acquisition of Oyster Creek Generating Station
Holtec International’s subsidiaries completed the ownership transfer and acquisition of the Oyster Creek Generating Station from Exelon Generation today.
Holtec International’s subsidiaries completed the ownership transfer and acquisition of the Oyster Creek Generating Station from Exelon Generation today.
The Nuclear Regulatory Commission (NRC) approved the transfer of the Oyster Creek Generating Station operating license today from Exelon Generation to Holtec International.
Ukraine’s national nuclear operator NAEK Energoatom, the nation’s State Scientific and Technology Center, and Holtec International ratified the creation of a consortium partnership that binds the three companies into a cooperative undertaking to chaperone the deployment of the SMR-160 small modular reactors in the country.
Ukraine’s Central Spent Fuel Storage Facility (CSFSF), world’s first, is being constructed only a few miles from the site of the Chernobyl accident. The CSFSF, designed for 100-year service life, will receive and store used fuel in a robust confinement system shipped from nine of Ukraine’s reactors.
“Because no petitioner has both demonstrated standing and proffered an admissible contention, this proceeding is terminated” reads the Atomic Safety and Licensing Board (ASLB) Memorandum and Order issued May 7 in the licensing process for the Holtec’s HI-STORE CIS facility (NRC’s press release on this matter is attached). With the hearings hurdle removed, Holtec’s effort to establish the HI-STORE CISF (consolidated interim storage facility) in New Mexico remains on track for licensing in 2020. The license application for the HI-STORE CISF was submitted to the USNRC on March 31, 2017 and was accepted by the Commission in February 2018 (USNRC Docket No. 72-1051).
(more…)We are pleased to announce the start of final system-wide trials for Chernobyl’s dry store facility today. These functional dry runs follow a long series of exhaustive tests of the individual systems, structures and components within the spent nuclear fuel processing and storage complex called ISF-2.
We are pleased to announce that Entergy Corp. (NYSE: ETR) has agreed to sell the subsidiaries that own Indian Point Units 1, 2, and 3, located in Buchanan, N.Y., to a Holtec International subsidiary for decommissioning.
The BGV Group of Ukraine and Holtec International are pleased to announce their decision to enter into a joint venture to develop Ukraine’s untapped mineral resources by building a range of mining, processing and manufacturing facilities to help accelerate the country’s industrialization.
The winter meeting of the Holtec Advisory Council for SMR-160 was attended by invited industry experts from several leading organizations, including Bruce Power, Energoatom (Ukraine), Entergy, Exelon Generation, Southern, Talen Energy, NEI, SNC-Lavalin, Mitsubishi Electric, and several major suppliers which constituted a robust review team encompassing virtually all aspects of the SMR-160 program.
At Holtec, 2018 will be remembered as the year when the Company’s four-year quest to launch its decommissioning program reached a successful milestone.