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CHICAGO (AP) — Exelon Corp. says it’s set to begin a “massive spending program” in Illinois that includes the decommissioning of the already-closed Zion Station in Lake County.
Exelon Nuclear said in a statement Monday that the $4.6 billion planned program should create more than 4,200 jobs in Illinois over the next five years. The program also includes equipment upgrades at six nuclear plants.
The Zion Station decommissioning is to begin in September as a $1 billion, 10-year project.
Exelon says it expects to transfer the station’s license to a Utah company that will take plant materials to a waste facility. Once that process is finished, Exelon says it will retake responsibility for the station and it will be available for commercial use.
The 200-acre Zion Station is 40 miles north of Chicago on Lake Michigan.