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  • donper618 donper618 Aug 13, 2013 4:58 PM Flag

    $320 million for the MOX facility

    The House Appropriations bill matches the administration’s budget request of $1.04 billion for the NRC, an increase of nearly two percent from the current fiscal year. The House panel chided the NRC for the “administrative shutdown of the Yucca Mountain license application, as well as its willful misrepresentation of congressional intent.” The committee directs the use of prior-year funds to complete the Yucca Mountain license application review.

    The committee’s funding bill includes support for USEC Inc.’s American Centrifuge uranium enrichment program, but it reduces funding—as does the administration’s budget request—for the mixed oxide fuel fabrication facility under construction in South Carolina. The House bill provides $320 million for the MOX facility, a reduction of $115 million, or 36 percent, from the current year.

    Sentiment: Strong Buy

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