PSEG to resume management of Salem, Hope Creek nuclear stations
20 December 2006 -- Public Service Enterprise Group (PSEG) and Exelon Corp. announced that PSEG plans to resume direct management of the Salem and Hope Creek nuclear generating stations in New Jersey before expiration of the current Nuclear Operating Services Agreement.
The two companies also announced that three senior leaders from Exelon who have been in place at Salem and Hope Creek since the inception of the services agreement in January, 2005, will leave Exelon and become PSEG employees effective January 1, 2007.
The three new PSEG executives are William Levis, who will continue as chief nuclear officer and become president of PSEG Nuclear, and Thomas Joyce and George Barnes, who will remain as site vice presidents at Salem and Hope Creek, respectively.
Levis and his team assumed management of PSEG's nuclear facilities when the services agreement was implemented in January, 2005. The agreement will remain in effect during the transition period, which could extend for another two years. As part of the agreement, the other approximately two dozen employees from Exelon will be given an option during the transition period to join PSEG.
Prior to his assignment at PSEG Nuclear, Levis was Exelon Nuclear's vice president of mid-Atlantic operations where he had oversight of the Limerick, Peach Bottom, Three Mile Island, and Oyster Creek plants.
Prior to assuming the role of site vice president at Salem, Joyce was site vice president at Exelon Nuclear's Braidwood Station. He has more than 29 years of experience in nuclear power plant operations.
Barnes was site vice president at Exelon Nuclear's LaSalle County Generating Station before his assignment to Hope Creek and has more than 36 years experience in the nuclear industry.
Hope Creek is an 1,100-MW boiling water reactor, and Salem Units 1 and 2 are 1,150-MW pressurized water reactors. Hope Creek is 100 percent owned by PSEG. PSEG owns approximately 57 percent of Salem and Exelon owns the remaining 43 percent. The three units are located on one site in Salem County, N.J.
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