Oyster Creek nuclear power plant in Ocean County’s Lacey Township will be decommissioned after Comprehensive Decommissioning International LLC (CDI) – a joint venture between SNC-Lavalin and Camden-based Holtec International – was awarded its first commercial contract, worth hundreds of millions of dollars.
Holtec says that under the contract CDI will be responsible for decommissioning, demolishing and cleaning up the site beginning this year, now that ownership of the site was transferred to the company.
“CDI is pleased to welcome approximately 200 former Exelon employees to our team,” said Kelly Trice, president, CDI. “Their knowledge of the local community and the Oyster Creek plant, coupled with CDI’s accelerated decommissioning approach will ensure we restore the site for re-use in the shortest possible time.”CDI aims to safely and efficiently decommission and dismantle the site in less than 10 years using innovative technologies. Coupled with strong project planning and management, this will result in a predictable decommissioning program.
“We are strong proponents of the future of carbon-free, nuclear power around the world, be it through the industry-leading expertise and technologies that we bring to nuclear new build and life-extending refurbishment projects,” said Sandy Taylor, President, Nuclear, SNC-Lavalin. “However, decommissioning is also becoming a significant part of our business. In the U.S. alone, there are almost 100 nuclear reactors.”
The U.S. Nuclear Regulatory Commission approved the transfer of the Oyster Creek license from Exelon to Holtec in June 2019 and plant ownership was transferred on July 1.