EX-99.1
2
a10-16751_1ex99d1.htm
EX-99.1
Exhibit
99.1
For
Immediate Release
Energy
Solutions
Commences Decommissioning
of the Zion Station
Salt
Lake City, Utah, - September 1, 2010 -
Energy
Solutions,
Inc.
(NYSE: ES) announced today it has officially closed its agreement with Exelon
Nuclear to begin accelerated decommissioning of the Zion Station. The Nuclear Regulatory Commission (NRC)
licenses have been transferred to Zion
Solutions,
a
wholly owned subsidiary of Energy
Solutions,
for
the purposes of decommissioning.
"We
are pleased to have finalized this transaction with Exelon Nuclear to begin the
decommissioning and site restoration of the Zion Station", said Val
Christensen, President and CEO of Energy
Solutions
. "This first-of-its-kind approach (license
stewardship) will accelerate the decommissioning of the Zion Station and
restore the land for beneficial reuse sooner than originally planned. We look forward to the progress of the
project."
The
license stewardship program is designed to accelerate the decommissioning of
nuclear power plants. Under this program
Energy
Solutions
through its subsidiary has
acquired the Zion Station assets and will conduct the work as owner and NRC
licensee of the Zion Station.
Zion
Solutions
will process and dispose of all Zion Class A
low-level radioactive waste at the Energy
Solutions
licensed Clive, Utah facility and load the spent nuclear fuel in NRC-approved
dry cask storage containers for placement within a secure and licensed storage
facility on site.
The
goal of the program is to safely accelerate cleanup at least 12 years ahead of
schedule, enabling the land to be restored for beneficial reuse. There will also be considerable economic
benefit to the local community in terms of jobs, goods and services.
Energy
Solutions
offers customers a full range of integrated
services and solutions, including nuclear operations, characterization,
decommissioning, decontamination, site closure, transportation, nuclear
materials management, processing, recycling, disposition of nuclear waste, and
research and engineering services across the nuclear fuel cycle.
For
more information please contact Mark Walker at 801-649-2194 or
mwalker@energysolutions.com

EX - 99 . 1 2 a10 - 16751 _ 1ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 For Immediate Release Energy Solutions Commences Decommissioning of the Zion Station Salt Lake City , Utah , - September 1 , 2010 - Energy Solutions , Inc . ( NYSE : ES ) announced today it has officially closed its agreement with Exelon Nuclear to begin accelerated decommissioning of the Zion Station . The Nuclear Regulatory Commission ( NRC ) licenses have been transferred to Zion Solutions , a wholly owned subsidiary of Energy Solutions , for the purposes of decommissioning . " We are pleased to have finalized this transaction with Exelon Nuclear to begin the decommissioning and site restoration of the Zion Station " , said Val Christensen , President and CEO of Energy Solutions . " This first - of - its - kind approach ( license stewardship ) will accelerate the decommissioning of the Zion Station and restore the land for beneficial reuse sooner than originally planned . We look forward to the progress of the project . " The license stewardship program is designed to accelerate the decommissioning of nuclear power plants . Under this program Energy Solutions through its subsidiary has acquired the Zion Station assets and will conduct the work as owner and NRC licensee of the Zion Station . Zion Solutions will process and dispose of all Zion Class A low - level radioactive waste at the Energy Solutions licensed Clive , Utah facility and load the spent nuclear fuel in NRC - approved dry cask storage containers for placement within a secure and licensed storage facility on site . The goal of the program is to safely accelerate cleanup at least 12 years ahead of schedule , enabling the land to be restored for beneficial reuse . There will also be considerable economic benefit to the local community in terms of jobs , goods and services . Energy Solutions offers customers a full range of integrated services and solutions , including nuclear operations , characterization , decommissioning , decontamination , site closure , transportation , nuclear materials management , processing , recycling , disposition of nuclear waste , and research and engineering services across the nuclear fuel cycle . For more information please contact Mark Walker at 801 - 649 - 2194 or mwalker@energysolutions.com