Exelon Nuclear, GE Hitachi Nuclear Energy sign services contract

Wilmington, N.C., August 29, 2011 — GE Hitachi Nuclear Energy awarded a nearly $150 million integrated outage contract by Illinois-based Exelon Nuclear to help ensure the continued, safe performance of the utility's entire fleet of boiling water reactor nuclear power plants in Illinois, Pennsylvania and New Jersey.

The agreement, which is effective immediately and runs through completion of the spring outage season in 2015, represents a continuation of GEH's decades-long support of Exelon's fleet of 12 BWR units operating at seven nuclear power plant sites. GE was the original designer of the BWRs for Exelon.

Terms of the contract call for GEH to provide services for assisting with the refuel floor activities and performing the under-vessel and inspection services. GEH also will continue to deploy new technologies during outage projects to reduce worker dosage, enhance safety and improve plant performance.

GEH's new outage services contract covers all of the Exelon BWRs: Clinton Power Station, Clinton, Ill. (one BWR); Dresden Generating Station, Morris, Ill. (two BWRs); Lasalle Generating Station, Marseilles, Ill. (two BWRs); Quad Cities Generating Station, Cordova, Ill. (two BWRs); Peach Bottom Atomic Power Station, Delta, Pa. (two BWRs); Limerick Generating Station, Pottstown, Pa. (two BWRs); Oyster Creek Generating Station, Forked River, N.J. (one BWR).

Exelon Nuclear is headquartered in Warrenville, Ill., and is a business unit of Exelon Corp. It operates the largest nuclear fleet in the nation and the third largest fleet in the world. Exelon's 10 stations —with 17 reactors — represent about 20 percent of the U.S. nuclear industry's power capacity.

Exelon Nuclear's 17 generating units produced 131.3 million net MWh of electricity in 2009. The fleet also achieved an average capacity factor of 93.6 percent, the seventh year in a row the capacity factor was greater than 93 percent.

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