NJBIZ reports

Energy Solutions Inc. announced it signed a term sheet with FirstEnergy to acquire and transfer Unit-2 of the Three Mile Island nuclear generating station located near Middletown, Pa.

To perform decommissioning work, EnergySolutions and Jingoli, a construction company headquartered in Lawrenceville, NJ, formed a joint venture called ES/Jingoli Decommissioning LLC.

Mile Island’s Unit-2 has been in a safe and stable storage condition known as Post Defueling Monitored Storage for the last 30 years under the regulatory oversight of the Nuclear Regulatory Commission. Its nuclear fuel was removed in the 1980s after a pump failure in March of 1979 triggered an emergency shutdown that resulted in a partial meltdown and a radiation leak. It remains the worst nuclear accident in U.S. history. Unit-2 was then relocated to an offsite storage facility at the Idaho National Laboratory.

The remaining decommissioning work will result in complete dismantlement and removal of all nuclear waste.

Jingoli says it has successfully managed and executed nuclear projects on behalf of numerous utilities in the United States and Canada with experience in the nuclear field from pre-construction, construction management, project controls and decommissioning.

With the term sheet signed, EnergySolutions and FirstEnergy will proceed with definitive agreements and applications to the NRC for the transfer of all licenses and assets.

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