1. John Christian President, Logistics, Processing and Disposal
Reactor Decommissioning Marketplace Perspective Ken Robuck President, EnergySolutions

2. EnergySolutions D&D Commitment
EnergySolutions is growing and committed to supporting the commercial nuclear industry
Commercial nuclear D&D is our #1 “Strategic Initiative” for the future
We are expanding our resources and committing to the future

3. EnergySolutions D&D Team
Ken Robuck
John Sauger
Operations
Tom Nauman
Business Development
John Hess
Commercial
Our EnergySolutions leadership team brings over 50 combined-years of direct hands-on D&D experience
Our D&D projects include:
Big Rock
LaCrosse
Connecticut Yankee
TMI-2
Humboldt Bay
Fort St. Vrain
Saxton
Millstone-1
Dresden-1
SONGS
Zion
Fukushima Daiichi
Maine Yankee

4. D&D Market Overview

5. Decommissioning Strategic Initiative
EnergySolutions for the last 20-plus years has been a leader in D&D
From Fort St. Vrain to San Onofre… EnergySolutions has delivered
EnergySolutions has been a reliable partner to our clients and the future of nuclear power hangs in the balance of successful D&D
We need to “End with the Start in Mind”
EnergySolutions is committed to Safety and Environmental Stewardship
Earning the trust of all stakeholders is key to success
EnergySolutions is uniquely committed to making the investments necessary to be positioned for the upcoming wave of D&D projects. Examples include:
Waste Management, Transportation & Disposal Infrastructure
Having the resources necessary to provide Technical “Solutions”
Providing the capital commitment to remove financial barriers

6. Key Nuclear Statistics (January 2015)
30 NRC regulated reactors in the US have entered into D&D
12 Units have completed DECON
6 Units – DECON is underway or beginning (includes SONGS 2&3)
12 Units are in SAFSTOR (Including VY, Kewanee & Crystal River)
30 countries worldwide are operating 437 nuclear reactors for electricity generation and 71 new nuclear plants are under construction in 15 countries
License renewal: 75 reactors have received 20-year license renewals to operate for a total of 60 years. 25 reactors have applied for or announced intentions to renew their licenses for another 20 years.
Average costs per unit have increased significantly to a range exceeding $1B/unit (inclusive of associated fuel and site restoration costs)

7. Current Domestic D&D Active Projects
Over the past 18 months, 5 commercial nuclear reactors have entered the initial D&D process and 4 units are continuing active DECON activities
Vermont Yankee
LaCrosse
Kewaunee
Humboldt Bay
Zion 1 & 2
San Onofre
Crystal River
Active DECON projects (Humboldt Bay, Lacrosse, and Zion 1&2)
Newly Retired Units Entering SAFSTOR (Crystal River , Kewanee & Vermont Yankee )
Newly Retired Units DECON D&D Op’s Contract “DOC” Under Development” (SONGS 2/3)

8. International Commercial Nuclear D&D Amenable Market
International Commercial Nuclear D&D Market ($B)
Approximately half of the world’s nuclear reactors are expected to be closed by 2030, creating a substantial market for the commercial nuclear reactor decommissioning industry in the years to come, states a new report from business intelligence experts GlobalData.
Projected International Commercial D&D Market Growth ($B)

9. Domestic Commercial Nuclear D&D Amenable Market
Plants Actively Pursuing DECON or Entering SAFSTOR
2015 Domestic Commercial D&D Market
* Estimates include Spent Fuel Management Costs

10. License Stewardship “Zion Model”
What is the Zion D&D model and why is it good for the industry… and EnergySolutions?
D&D is not a typical Utility core competency
Transfer risk for D&D – one contracting entity to carry the risk
SAFESTOR is not a low risk model
Disposal space is finite
Regulatory baselines can change (Fukushima)
Plants continue to need managing – cost money
Stakeholders do not like multi-generated “mothballing” the problem
We have proved accelerated cleanup can be achieved at lower cost
The business model is good for EnergySolutions. It provides long term project backlog and early waste management and disposal

11. Zion Model D&D – “Different by Design
EnergySolutions acquired the Zion plant on September 1, 2010
10 CFR 50 Licenses transferred from Exelon to ZionSolutions
NDT funds transferred to ES/ZS Trustee
10-Year Maximum Completion Schedule
12-14 years earlier than Exelon’s previous schedule
Current plan is to finish in 8-9 years
Exelon’s Schedule
ZionSolutions’ Schedule
D&D Planning Start
2013
2010
D&D Operations Start
~2015
Site Restoration Complete
2032

12. Zion Project Update

13. Zion Project Status Key Project Status & Overview
ISFSI and Spent Fuel Campaign
Reactor Vessel Internal Segmentation
License Termination Plan Development and Submittal
Schedule & Upcoming Major Milestones
Cost Projection Update

14. Zion ISFSI
Industry record setting cask loading campaign (61 casks in 52 weeks)
Largest Decommissioned site ISFSI in the US to date
Extra effort (fuel bale repairs) expanded to ensure ultimate compliance with TBD Department of Energy requirements
First modern D&D ISFSI Security command center to be accepted by NRC
Zion Fuel Transfer Team - January 10, 2015

15. Reactor Vessel Internals Segmentation

16. Reactor Vessel Internals Segmentation
Mechanical cutting completed in both Reactor Vessels
Utilized mechanical cutting to avoid significant secondary waste creation and eliminate the significant radiological concerns experienced in previous D&D projects
Lessons learned and experience to provide benefit to future D&D projects
Most cost effective vessel internal segmentation project to date
Optimize cutting and waste loading campaign to minimize class B&C waste costs
Worked both units in parallel to stay off a critical path and not interfere with Spent fuel loading
Setting up for innovative reactor vessel segmentation project that will allow for gondola car transportation of vessel and Class A disposal at Clive

17. License Termination Plan Submittal
The draft Zion License Termination Plan was finished and submitted to the NRC in December 2014
End State Conditions Include:
Lake Intake and Discharge Piping abandoned in place
All Class A, B & C waste disposed off site
Spent Fuel & GTCC in Dry Storage on ISFSI
ISFSI, switchyard, roads, rail & fences remain
Land restored to allow unrestricted use of the site IAW NRC criteria with the exception of the ISFSI
All structures removed to 3 ft below grade
The NRC License revised for ISFSI only and transferred back to Exelon
Land returned to Exelon for future beneficial re-use

18. Zion Project: Schedule Update
Schedule Update per Exelon Agreement: Major Milestones Include:
Completion of ISFSI (Complete)
Completion of Reactor Vessel Segmentation (Complete)
Completion of Major Component Removal Projects (Complete)
Submittal of approval of LTP (Complete)
Completion of Radiological DECON (2018)
Completion of Final Site Survey (FSS) (2018)
Completion of Site Restoration (2019)