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GE Hitachi Enters Pressurized Water Reactor Services Field

Entry includes Agreement to Conduct Refueling Work at Exelon Generation PWR Facility

WILMINGTON, N.C. – May 12, 2015 – GE Hitachi Nuclear Energy (GEH) today announced plans to begin offering refueling services to customers operating Pressurized Water Reactors (PWRs).

PWRs account for roughly two-thirds of nuclear reactors operating globally and represent a significant opportunity for GEH, the company that connected the first nuclear reactor to a commercial electricity grid in Vallecitos, Calif., in 1957.

“We have viewed the PWR services segment as one in need of additional choices for utilities for some time,” said Caroline Reda, president and CEO, GEH. “We look forward to bringing to PWR operators the same level of project management expertise and technical rigor that we have brought to BWR customers for more than five decades.”

The announcement includes an agreement with Exelon Generation, the nation’s largest operator of nuclear plants, to conduct PWR refueling work. The outage team that GEH will bring to this project has a collective 300+ years’ of experience servicing PWRs in a variety of functions including project management, planning, supervision, fuel movement and vessel disassembly and reassembly. Team members were recently trained at an Exelon facility in accordance with the company’s standards.

As the original equipment manufacturer of more than 60 boiling water reactors (BWRs) globally, GEH currently services and fuels many BWRs in operation today. The company intends to introduce advanced services offerings to enhance PWR outage performance.

About GE Hitachi Nuclear Energy

Based in Wilmington, N.C., GEH is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a part of a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.

For more information contact:

Jon Allen
GE Hitachi Nuclear Energy
+1 910 819 2581
jonathan.allen1@ge.com