In this list
Electric Power

CDI joint venture wins contract to decommission Oyster Creek nuclear power plant

Energy | Electric Power | Energy Transition

Europe’s solar revival dream overshadowed by harsh new realities

Electric Power | Electricity | Energy | Energy Transition

European Long-Term Power Forecast

Energy | Oil | Energy Transition

APPEC 2023

Energy | Energy Transition | Electric Power | Hydrogen | Renewables | Electricity

Atlantic Canada targets startups of two green hydrogen projects in 2025

Energy | Electric Power | Shipping | Natural Gas | Oil | LNG | Nuclear | Tankers | Crude Oil

Commodity Tracker: 5 charts to watch this week

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now

CDI joint venture wins contract to decommission Oyster Creek nuclear power plant

  • Author
  • Steven Dolley
  • Editor
  • Valarie Jackson
  • Commodity
  • Electric Power

Washington — Comprehensive Decommissioning International has been awarded a contract to decommission Exelon Generation's 670-MW Oyster Creek nuclear power plant in Forked River, New Jersey, CDI said Tuesday in a statement.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

CDI is a joint venture of Holtec International and SNC-Lavalin.

The agreement, CDI's "first commercial contract," is worth "hundreds of millions of dollars," the company said.

Oyster Creek was permanently shut September 17. Holtec purchased the plant from Exelon July 1. The transfer of Oyster Creek's operating license to Holtec was approved June 20 by the US Nuclear Regulatory Commission, effective upon completion of the sale.

CDI said in its statement that it "aims to safely and efficiently decommission and dismantle the site in less than 10 years using innovative technologies."

Decommissioning work will begin this year, the company said, without providing details.

Earlier this month, GE Hitachi Nuclear Energy was awarded a contract to dismantle Oyster Creek's reactor pressure vessel and reactor internals.

Sandy Taylor, president, nuclear at SNC-Lavalin, said in the statement, "this is just the beginning of what we know is a bright future for CDI in reactor decommissioning, and a great example of the services-based contracts CDI can undertake."

"Agreements are also in place between Holtec and Entergy" for CDI to be the decommissioning general contractor for the Indian Point, Palisades, and Pilgrim nuclear plants, the statement said.

Pilgrim, located in Massachusetts, was permanently shut in May. Indian Point-2 and -3 in New York are scheduled to close in 2020 and 2021, respectively, followed by Palisades in Michigan in 2022.

-- Steven Dolley,

-- Edited by Valarie Jackson,