Camden, December 4, 2018: Speaking to a gathering of nuclear industry professionals, Holtec’s President and CEO, Dr. Kris Singh, called a decent basic wage a fundamental human right and announced that Holtec will celebrate the holiday season by raising the minimum base (standard time) wage for its work force at every one of its US plants to $15 per hour. “This pay raise is a small measure of my appreciation for the hard-working individuals at all Holtec campuses.”
We are pleased to report successful dry storage implementations of both PWR and BWR multi-purpose canisters (MPCs) in HI-STORM vertical ventilated modules at numerous nuclear plant sites, setting new records in their curie content and heat load. Out of the total of 170 HI-STORM systems loaded thus far, 135 have been loaded by Holtec’s own site services group. The total number of Holtec systems loaded globally to date stands at 1235 at this writing. The nuclear units that have increased their dry storage population of HI-STORM vertical ventilated systems (VVMs) in 2018 are (in alphabetical order): Browns Ferry (TVA), Callaway (Ameren), Clinton (Exelon), Comanche Peak (Luminant), Diablo Canyon (PG&E), D.C. Cook (American Electric Power), Farley (Southern Nuclear), Pilgrim (Entergy), SONGS (Southern California Edison), Vermont Yankee (Entergy), Vogtle (Southern Nuclear) and Watts Bar (TVA).
In a festive signing ceremony in Mumbai on November 21, Maharashtra’s Chief Minister Mr. Devendra Fadnavis hosted the signing of a Memorandum of Understanding (MOU) with Holtec Asia to establish a manufacturing facility that would give India autonomous capability to produce systems and components to support the country’s planned expansion of nuclear generation. While the plant, preliminarily named “Holtec Heavy Manufacturing Division” (HHMD), primarily intended to fabricate complex and safety-related equipment for the nuclear power plants, it will also be equipped to meet the heavy weldment needs of petroleum, chemical, aerospace and other industries. The plant will operate under Holtec’s corporate nuclear and personnel safety programs which are applied uniformly across Holtec’s global operation centers in the US and abroad.
Entergy Corp. and Holtec International, through their affiliates, asked the U.S. Nuclear Regulatory Commission (NRC) today to approve the sale of the Pilgrim Nuclear Power Station to Holtec after shutdown. Holtec plans to complete decommissioning and site restoration decades sooner than if Entergy completed decommissioning.
We are pleased to announce that the US Small Business Administration has approved the Mentor-Protégé Application between Gilmartin Engineering Works, Inc. (Protégé) and Holtec International (Mentor) under All Small Mentor-Protégé Program (ASMPP).
Energy Secretary Rick Perry toured Holtec’s Advanced Manufacturing Division and Operations Center at the Company’s Krishna P. Singh (KPS) Technology Campus in Camden, New Jersey on October 25, 2018.
The rise of renewable energy generation, such as solar and wind, has introduced increasing oscillation in power output delivered to the electric grid. Storing electrical energy on an industrial scale to stabilize the transmission grid and to minimize wheeling of power over long distances is increasingly a critical imperative for the world’s energy infrastructure. Holtec International (Holtec) and Eos Energy Storage (Eos) based in Edison, NJ are poised to address this challenge using the revolutionary Eos Aurora® battery system powered by Eos’ proprietary Znyth® technology which is the centerpiece of the Alliance Agreement signed by Holtec and Eos. Under the Agreement, Holtec owns a significant equity stake in Eos and will establish a production facility in Camden, NJ, to manufacture the “batteries” in a state-of-the-art assembly line.
We are pleased to announce the successful completion of the largest defueling project of a BWR plant in the U.S. – a project that was completed in record time. Entergy Nuclear signed a contract with Holtec to expeditiously defuel the Vermont Yankee (VY) spent fuel pool. The overall project scope included construction of a second ISFSI pad, security expansion, engineering, licensing, manufacturing, delivery and loading of 45 HI-STORM cask systems, all on a turnkey basis.
As reported in the media, Entergy Corp. (NYSE: ETR) has agreed to sell the subsidiaries that own the Pilgrim Nuclear Power Station in Plymouth, Massachusetts, and the Palisades Power Plant in Covert, Michigan, after their shutdowns and reactor defuelings, to a Holtec International subsidiary for accelerated decommissioning. The sales include the transfer of the licenses, spent fuel, and Nuclear Decommissioning Trusts (NDTs), as well as the site of the decommissioned Big Rock Point Nuclear Power Plant near Charlevoix, Michigan, where only the Independent Spent Fuel Storage Installation (ISFSI) remains. The transactions are subject to conditions to closing, including approvals from the U.S. Nuclear Regulatory Commission (NRC) of the license transfers.
Exelon Generation, the owner of the nation’s largest fleet of nuclear energy facilities, and Holtec International, a global leader in used nuclear fuel management technologies, today announced an agreement for Holtec to purchase Oyster Creek Generating Station.