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www.holtec.com Welcome to the Oyster Creek Stakeholder Information Forum Oyster Creek Site Facts Oyster Creek began operating in December 1969 as the first large- scale commercial nuclear power plant in the United States. Its single


  1. www.holtec.com Welcome to the Oyster Creek Stakeholder Information Forum

  2. Oyster Creek Site Facts ▪ Oyster Creek began operating in December 1969 as the first large- scale commercial nuclear power plant in the United States. Its single boiling water reactor produced 645 net megawatts, enough electricity to power 600,000 average American homes over 49 years ▪ Exelon announced in 2010, after an extensive analysis, that Oyster Creek would retire early. Oyster Creek shutdown for the last time on September 17, 2018, after one of its most successful operating cycles in plant history www.holtec.com | Page 2

  3. Transitioning from Operations to Retirement Began developing a decommissioning management model and dismantlement plans Employees were helped in job search and relocation Benchmarked other sites that had shutdown and entered decommissioning Continued safe, reliable operation through final shutdown Maintained a skilled, effective, and committed workforce at the plant Maintained a strong interface with regulators, stakeholders and the public www.holtec.com | Page 3

  4. Holtec Owned Property www.holtec.com | Page 4

  5. Oyster Creek NGS Boundary www.holtec.com | Page 5

  6. Site Decommissioning Phased Approach www.holtec.com | Page 6

  7. Immediate Decommissioning Schedule www.holtec.com | Page 7

  8. Risk During Decommissioning www.holtec.com | Page 8

  9. Activities to Date ▪ All fuel removed from reactor ▪ 230 kV transmission lines removed ▪ Nuclear Instrumentation removed ▪ Control Rod Drive Mechanisms removed ▪ Vehicle Barrier modifications installed ▪ Security upgrades ▪ Back Site buildings closed ▪ End Zirc Fire window ▪ Transitioned to Decom ERO ▪ Site license transferred ▪ Site combustible loading www.holtec.com | Page 9 reduced

  10. Emergency Plan Evolution In June, emergency response plan for Oyster Creek as an operating plant changed over to a decommissioning E Plan focus on industrial, not radiological risk Current emergency plan aligns with State of New Jersey and NRC regulatory requirements Station still holds emergency drills, works with OEM, local emergency response organizations, operates emergency siren system Oyster Creek remains committed to protecting and preserving the health and safety of its neighbors and to supporting our area emergency response organizations www.holtec.com | Page 10

  11. Oyster Creek Sale July 2018, Exelon Generation and Holtec International announced a sale agreement for Oyster Creek; Sale closed on July 1, 2019 Under the agreement, Holtec assumes ownership of the site, real property and used nuclear fuel and will manage all site decommissioning and restoration activities Holtec contracted with Comprehensive Decommissioning International, LLC (CDI) -- a joint venture company of Holtec and SNC-Lavalin – to decontaminate and decommission As part of the sale agreement, CDI offered employment to Oyster Creek decommissioning employees www.holtec.com | Page 11

  12. Worldwide D&D Experience Holtec SNC-Lavalin (Atkins) ▪ 30 years of safe spent nuclear ▪ Shared heritage of commercial fuel management facility D&D at Big Rock Point, Zion and Magnox ▪ Expertise in design/build on- ▪ Over 100 waste cleanup, D&D site fuel storage installations and government site remediation ▪ SNF services supplied to over projects in the US & Canada 115 nuclear sites worldwide ▪ Waste treatment technologies ▪ Only cask certificate holder and new storage/disposal that has performed all dry canisters at Fukushima storage implementation work ▪ Multiple research reactor with in-house resources decommissioning projects in Canada www.holtec.com | Page 12

  13. Holtec’s Worldwide Dry Storage and Transport Experience www.holtec.com | Page 13

  14. SNC-Lavalin Worldwide D&D Experience ▪ Zion Nuclear Power Station, USA Many current Atkins/SNC-Lavalin employees were involved in the project ▪ Big Rock Point Nuclear Power Plant, USA Major component removal including the reactor vessel and decontamination/demolition of the Radioactive Waste Building ▪ Magnox Reactor Fleet, UK Managed operations, defueling, and decommissioning of 22 Magnox nuclear power reactors at 10 sites ▪ Fukushima Dai-ichi, Japan Supplied water treatment technologies, dewatering solutions, and new storage/disposal canisters ▪ CANDU Fleet, Worldwide Provider of reactor services and major refurbishment of primary systems Test/research reactor D&D – Slowpoke, Nuclear Power Demonstration Project (NPD)

  15. HDI & CDI - How Does This Fit Together? • Spent fuel management and nuclear services Holtec • Spent fuel cask/storage vendor International Provide resources and oversight to support the Safe, compliant operation of the acquired sites Holtec Power, Inc. • Wholly-owned Holtec subsidiary Licensed operator for all decommissioning sites in the Holtec fleet, including Oyster Creek Holtec Nuclear Asset Decommissioning Management International, LLC Company, LLC • Jointly owned by Holtec/SNC-Lavalin (Licensed Operator) • Extensive decommissioning project experience Decommissioning General Contractor (DGC) for Oyster Creek Comprehensive the Holtec fleet Environmental Decommissioning Protection, LLC International, LLC (Licensed Owner) www.holtec.com | Page 15

  16. Benefits of Holtec Ownership Exelon’s plans were for SafStor: Holtec plans immediate decommissioning (60 years vs. 8 years) Exelon is a leader in generation and transmission. Holtec/CDI have vast experience in decommissioning, spent fuel storage and transport CDI’s “fleet decommissioning” approach allows for experiences, best practices and economies of scale by an experienced decommissioning company Use of experienced Oyster Creek employees is maximized Efficient defueling of the spent fuel pool minimizes overall project duration, reduces liabilities and insurance obligations (zirc fire window) and security/support systems www.holtec.com | Page 16

  17. Spent Fuel at Oyster Creek 4,504 Fuel Assemblies at Oyster Creek 2,430 fuel assemblies in spent fuel pool 2,074 in ISFSI casks/vaults Independent Spent Fuel Storage Installation (ISFSI) storage area will be expanded Expansion preparations underway Construction expected to begin early 2020 Fuel Movement: Jan 2021-Nov 2021 Once all fuel is moved to the ISFSI, building dismantlement will begin Plant security footprint will be reduced for ISFSI only www.holtec.com | Page 17

  18. Activities in Progress (through the next year) ISFSI Expansion Vessel Internal Segmentation Refuel Floor Cleanup Site Characterization Historical Site Assessment Removal of Operating Waste Decontamination of components and systems www.holtec.com | Page 18

  19. ISFSI Only Operations www.holtec.com | Page 19

  20. Community Involvement Oyster Creek has always had a strong positive relationship with the community Good communication with local, county and state governmental leaders Corporate relations activities include volunteerism, donations, educational outreach and civic involvement Steady communications throughout the transition from operations to shutdown to sale closure through decommissioning! Continue same programs, outreach activities Stakeholder Information Forum (SIF) open public meeting to update and inform on plant status www.holtec.com | Page 20

  21. Community Partners United Way of Monmouth and Ocean Counties Popcorn Park Zoo Lacey Food Bank New Jersey Special Olympics Lighthouse Center Lacey Township Athletic Foundation Marine Mammal Stranding Center Conserve Wildlife Foundation Lacey Township Education Foundation American Cancer Society www.holtec.com | Page 21

  22. Questions? www.holtec.com | Page 22

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