Holtec is saddened to observe that Indian Point Unit 2, competently operated by Entergy since 2001 and having served as a prominent clean energy producer in New York, is shutting down today - a casualty of the competition from the prevailing ultra-cheap fossil fuel prices and government subsidized renewable energy.
Our ongoing decommissioning programs at Oyster Creek and Pilgrim are fueled by creativity and innovation to efficiently transition these sites to enable them to host diverse commercial economic activities at the earliest possible date.
We are pleased to report that both of our decommissioning sites, Oyster Creek in Lacey Township, NJ and Pilgrim in Plymouth, Massachusetts, are setting new levels of excellence in every relevant metric of performance as they drive forward with safe and efficient deconstruction of the shuttered nuclear plants.
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The past year included many successes for both Oyster Creek and Pilgrim.
We bid a fond goodbye to 2019 which will stand out in our company’s annals as a watershed year when we began the implementation of several new ambitious initiatives that will shape our endeavors for decades to come.
Members of Holtec International’s Decommissioning Advisory Board met on October 29, 2019 to assay advances made by the Company in its first year of decommissioning endeavors related to Oyster Creek (formerly Exelon’s) and Pilgrim (formerly Entergy’s) nuclear plants. This board is comprised of noted industry stalwarts representing many of North America’s leading nuclear operators.
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Holtec International’s subsidiaries completed the acquisition of the Pilgrim Nuclear Power Station in Massachusetts from Entergy Corporation today.
The Nuclear Regulatory Commission (NRC) approved the transfer of the Pilgrim Nuclear Power Station operating license today from Entergy Corporation to Holtec International for decommissioning.
The Nuclear Regulatory Commission (NRC) approved the transfer of the Oyster Creek Generating Station operating license today from Exelon Generation to Holtec International.
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.
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