Bolstering Public Health & Safety by Proto-Prompt  Decommissioning of Closing Nuclear Plants
A Typical Superb Heat Dissipater Fuel Basket Made from Metamic HT, Manufactured at Orrvilon, Ohio

Bolstering Public Health & Safety by Proto-Prompt Decommissioning of Closing Nuclear Plants

The risk of an accidental pool drain-down precipitating the dreaded specter of zirconium fire, while non-credibly improbable, stalks the decision-making process of every nuclear plant owner preparing to draw down its work force after ceasing operations.  Addressing this concern has led Holtec to develop the proto-prompt decommissioning strategy, which we are pleased to unveil below in this news bulletin.  The proto-prompt decommissioning envisages conversion of the plant to green field in roughly 5-1/2 years after a reactor’s shutdown.  Meeting this ambitious schedule requires that the pool be defueled by transferring its used nuclear fuel to dry storage in no more than 2-1/2 years after the reactor’s shutdown. (more…)

Reprising 2016 and Looking to the Future

Jupiter, Florida; In 2016, we completed 30 glorious years of operation. By every measure, our Company has performed spectacularly – growing employment at every one of the Company’s operation centers, rising sales,  soaring capital investment, increasing annual revenue, EBIDTA & net income, strengthening employee satisfaction scores, excellent nuclear quality and timely delivery metrics, a robust culture of innovation as measured by new patents issued to the Company and, above all, a worker safety record at our manufacturing plants and power plant sites that is among the best-in-class in the nation. (more…)

Making Decommissioning Safe and Swift
Ariel View of Vermont Yankee Nuclear Station

Making Decommissioning Safe and Swift

We applaud Entergy’s November 8, 2016 announcement to accelerate the decommissioning of Vermont Yankee by several decades. This pioneering move by Entergy should be a pace setter for the nuclear industry and welcome news for the people of Vermont.

Holtec and Ukraine’s Government Discuss Building a Business Partnership in Nuclear Energy as Energoatom Celebrates its 20th Anniversary
Holtec’s President and CEO, Dr. Kris Singh (Left) and Energoatom’s President, Yuriy Nedashkovsky, Reprise the Progress of the CISF Project (Right)

Holtec and Ukraine’s Government Discuss Building a Business Partnership in Nuclear Energy as Energoatom Celebrates its 20th Anniversary

Ukraine’s CISF, with Holtec serving as the prime contractor, is located in the Chernobyl exclusion zone. The site was formally authorized after extensive consultations by the country’s Council of Ministers on October 5, 2016.

Joint Development Agreement Signed with Mitsubishi Electric of Japan and its U.S. Subsidiary Solidifying Their Role in SMR-160
Attending the Signing Ceremony are (Left to Right): Mr. Koichi Orito, MELCO Group Senior VP of Energy and Industrial Systems; Dr. William Woodward, Holtec Senior VP of International Projects; and Mr. Gilbert Remley, MEPPI Nuclear Systems Department Manager

Joint Development Agreement Signed with Mitsubishi Electric of Japan and its U.S. Subsidiary Solidifying Their Role in SMR-160

We are pleased to announce that our Memorandum of Understanding entered over a year ago evolved into an agreement which formalizes the design authority role of Mitsubishi Electric Corporation and its U.S. subsidiary, Mitsubishi Electric Power Products Inc. over instrumentation and control systems for the SMR-160.

Recruitment of the Local Workforce Set to Pick Up Pace

With the opening of the manufacturing plants at the Holtec Technology Campus only a few months away, our Human Resources Department is gearing up to accelerate our personnel recruitment drive with an ambitious goal for work force diversity.

Strong Support for the HI-STORE Consolidated Interim Storage Facility in New Mexico

We are pleased to report that the State of New Mexico has approved the land sale option allowing Holtec International to purchase 1,000 acres of land from the Eddy Lea Energy Alliance (ELEA). The land acquisition option paves the way for Holtec to build a Consolidated Interim Storage Facility (CISF) in Southeast New Mexico.

New Plateaus in Dry Storage and Transport Technologies

We are pleased to report that the license application to store the NUHOMS 24PT1-DSC canister in the HI-STORM UMAX subterranean storage system has been submitted to the U.S. NRC on schedule.