Exelon Generation announced today that Three Mile Island Generating
Station Unit 1 (TMI) will shut down by Sept. 30, 2019, as previously
announced in May 2017. With only three legislative session days
remaining in May and no action taken to advance House Bill 11 or Senate
Bill 510, it is clear a state policy solution will not be enacted before
June 1, in time to reverse the premature retirement of the plant.
“Today is a difficult day for our employees, who were hopeful that state
policymakers would support valuing carbon-free nuclear energy the same
way they value other forms of clean energy in time to save TMI from a
premature closure,” said Bryan Hanson, Exelon senior vice president and
chief nuclear officer.
“I want to thank the hundreds of men and women who will continue to
safely operate TMI through September. We will offer a position elsewhere
in Exelon to every employee who wishes to stay with the company and is
willing to relocate, and we will do all we can to support the community,
the employees and their families during this difficult period,” Hanson
added.
Exelon Generation previously announced that the station would
prematurely shut down, absent policy reform, due to economic challenges
and market flaws that fail to recognize the environmental and resiliency
benefits from TMI and other zero-carbon nuclear energy plants across the
Commonwealth.
“Although we see strong support in Harrisburg and throughout
Pennsylvania to reduce carbon emissions and maintain the environmental
and economic benefits provided by nuclear energy, we don’t see a path
forward for policy changes before the June 1 fuel purchasing deadline
for TMI,” said Kathleen Barrón, Exelon senior vice president, government
and regulatory affairs and public policy. “While TMI will close in
September as planned, the state has eight other zero-carbon nuclear
units that provide around-the-clock clean energy, avoiding millions of
tons of carbon emissions every year. We will continue to work with the
legislature and all stakeholders to enact policies that will secure a
clean energy future for all Pennsylvanians.”
Exelon Generation’s highly trained employees will continue to operate
the plant at world-class levels of excellence through September, with
staff transitions expected within six months of the plant’s final shut
down.
Over the past two years, Exelon Generation has worked actively with TMI
employees to map them to other positions, and many have already accepted
placement elsewhere within the company. Exelon Generation will continue
to work with employees to support them during this transition.
Last month, Exelon Generation filed the federally required Post Shutdown
Decommissioning Activities Report detailing plans for TMI after its
final shutdown, including transitioning staff in three phases down to 50
full-time employees by 2022. In the filing, Exelon Generation selected
“SAFSTOR,” one of three decommissioning options for the plant, and
outlined a plan to dismantle large components, including the station’s
cooling towers, beginning in 2074.
About Exelon Generation
Exelon Generation, a subsidiary of Exelon Corporation (NYSE: EXC), is
one of the largest, most efficient clean energy producers in the U.S.,
with a generating capacity of more than 32,000 megawatts. Exelon
Generation operates the largest U.S. fleet of carbon-free nuclear plants
with more than 19,600 megawatts of capacity from 22 reactors at 13
facilities in Illinois, Maryland, New York and Pennsylvania. Exelon
Generation also operates a diverse mix of wind, solar, landfill gas,
hydroelectric, natural gas and oil facilities in 19 states with more
than 12,400 megawatts. Exelon Generation has an industry-leading safety
record and is an active partner and economic engine in the communities
it serves by providing jobs, charitable contributions and tax payments
that help towns and regions grow. Follow Exelon Generation on Twitter @ExelonGen,
view the Exelon
Generation YouTube channel, and visit http://www.exeloncorp.com/companies/exelon-generation.
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