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  • tiger850 tiger850 Apr 15, 2013 2:11 PM Flag

    Support for USEC 3 News Artlcles..

    n Friday, April 5, 2013, Representative Brad Wenstrup met with USEC officials and employees at the plant in Piketon, Ohio to receive an update on the progress of the Research, Development, and Demonstration (RD&D) program. While visiting the facility, Rep. Wenstrup expressed his continued support for the program and thanked the employees for their work to support America’s energy independence.

    The Department of Energy and USEC are executing the $350 million cooperative program to confirm the readiness of the American Centrifuge technology, the next-generation U.S. uranium enrichment capabilities.

    “The American Centrifuge Project in Piketon, Ohio is imperative to providing for our energy security needs, and is critical for our national security. I appreciate the work and strong support of my colleagues in the Ohio delegation, including Rep. Bill Johnson (OH-06 on this project. I will continue to work with Congress and the administration to support the completion of the RD&D program,” said Rep. Wenstrup.
    Portman asked Moniz if he would “personally focus on this application, to ensure that this loan guarantee program gets the attention that it deserves?”

    “Yes sir, I will,” Moniz answered, agreeing that the next few months will be “very important to demonstrate” the viability of the project.
    WASHINGTON — Under President Barack Obama’s 2014 budget proposal, USEC would be eligible to receive $48 million to complete the research, development and demonstration phase of its American Centrifuge Project in Piketon.

    The money would plug a three-month gap in funding that USEC faces at the end of this year.

    USEC is working in collaboration with the federal Department of Energy on a project to test its uranium enrichment centrifuge technology. Congress has funded the initiative through the current fiscal year, which ends Sept. 30..... yada yada


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