Uranium Enrichment & Fuel Cycle

USEC’s subcontract with Oak Ridge National Laboratory to continue work on the American Centrifuge Project last week received an additional $6.7 million in funding, bringing total funding to approximately $33.7 million. The payment will run the program through the end of September. The ORNL-led effort includes two six-month option periods that would extend the contract […]

Kenneth Fletcher WC Monitor 8/22/2014 After the recent successful completion of demolition of Oak Ridge’s enormous K-25 building, work is proceeding ahead of schedule at the site’s two other gaseous diffusion plants, URS-CH2M Oak Ridge, LLC, President Ken Rueter told WC Monitor this week. The contractor is on track to meet its “Vision 2016” goal: […]

Kenneth Fletcher WC Monitor 8/22/2014 The Department of Energy has updated the base and option periods for two separate draft Request for Proposals for infrastructure support services at the Paducah and Portsmouth sites. The Portsmouth draft now includes a three-year base period and a two year option period, rather than the originally planned two-year base […]

Kenneth Fletcher WC Monitor 8/22/2014 The transition is underway for the Department of Energy’s award to Fluor of deactivation work at the Paducah Gaseous Diffusion Plant, as the protest period passed this week without a filing from rival bidder AECOM. DOE awarded the Task Order, set to total $420 million over three years, on July […]

Company to Change Name to Centrus Energy Corp. Kenneth Fletcher RW Monitor 8/22/2014 USEC’s noteholders overwhelmingly approved the company’s Chapter 11 Bankruptcy reorganization plan this week, with over 99 percent in favor. The plan still awaits approval by the U.S.  Bankruptcy Court for the District of Delaware in a Sept. 5 hearing. If the reorganization […]

The transition is underway for the Department of Energy’s award to Fluor of deactivation work at the Paducah Gaseous Diffusion Plant, as the protest period passed this Monday without a filing from rival bidder AECOM. DOE awarded the Task Order, set to total $420 million over three years, on July 22 to a Fluor-led team […]

The Nuclear Regulatory Commission is planning to hold a public meeting Aug. 28 on the process for terminating the certificate authorizing uranium enrichment operations at the Paducah Gaseous Diffusion Plant. The meeting will take place at 7 p.m. at the McCracken County Public Library. Plant operator USEC ended operations at the facility last year and […]

The Department of Energy has updated the base and option periods for two separate draft Request for Proposals for infrastructure support services at the Paducah and Portsmouth sites. The Portsmouth draft now includes a three-year base period and a two-year option period, rather than the originally planned two-year base period and three one-year option periods. […]

More than 99 percent of USEC’s noteholders have approved the company’s planned Chapter 11 Bankruptcy reorganization, USEC announced yesterday. The plan still awaits approval by the U.S.  Bankruptcy Court for the District of Delaware in a Sept. 5 hearing. USEC filed for Chapter 11 bankruptcy in March due to a bleak near-term commercial outlook for […]

USEC suffered a net loss of $28 million during the second quarter of this year, the company announced yesterday. Much of the loss stems from activities related to the transition at the Paducah Gaseous Diffusion Plant as the company prepares the facility for an anticipated return to the Department of Energy in October, as well […]

USEC plans to change its name to “Centrus Energy Corp.” as part of its bankruptcy reorganization plan, according to a supplement to the company’s reorganization plan submitted to the Securities and Exchange Commission last week. The U.S. Bankruptcy Court for the District of Delaware last month approved USEC’s disclosure statement for its Chapter 11 bankruptcy […]

A final Request for Proposals for the new Paducah infrastructure services contract is set to be issued in September, the Department of Energy said in a notice posted yesterday. The new contract is being set-aside for small businesses that do not exceed a $35.5 million size standard, and is expected to run for up to […]

USEC yesterday named Steven Penrod as the new Vice President of the company’s American Centrifuge program. He replaces Paul Sullivan, who is set to become director of the Applied Research Laboratory at the Pennsylvania State University, effective Sept. 1. Penrod previously served as Vice President of Enrichment Operations, where he was responsible for USEC’s facilities […]

Mike Nartker WC Monitor 8/1/2014 A federal judge this week denied a request from the uranium conversion services ConverDyn for a preliminary injunction to prevent the Department of Energy from moving forward with planned transfers of excess uranium while a lawsuit the company has filed against DOE is pending. ConverDyn was unable to show that […]

Todd Jacobson NS&D Monitor 8/1/2014 USEC’s contract with Oak Ridge National Laboratory to continue work on the American Centrifuge Project has been formally extended through March of next year as the lab this week exercised a $41.6 million six-month option to fund the program. The extension, revealed in a July 31 filing with the Securities […]

Todd Jacobson RW Monitor 8/1/2014 USEC’s contract with Oak Ridge National Laboratory to continue work on the American Centrifuge Project has been formally extended through March of next year as the lab this week exercised a $41.6 million six-month option to fund the program. The extension, revealed in a July 31 filing with the Securities […]

Mike Nartker NS&D Monitor 8/1/2014 A federal judge this week denied a request from the uranium conversion services ConverDyn for a preliminary injunction to prevent the Department of Energy from moving forward with planned transfers of excess uranium while a lawsuit the company has filed against DOE is pending. ConverDyn was unable to show that […]

A federal judge yesterday denied ConverDyn’s request for a temporary injunction to prevent the Department of Energy from moving forward with transfers of excess uranium while a lawsuit the company has filed against DOE moves forward. ConverDyn was unable to show that it would suffer “irreparable harm” if the request for the preliminary junction was […]

A hearing is scheduled for today on ConverDyn’s motion for an injunction to block the Department of Energy from moving forward with a planned transfer of excess uranium while a lawsuit the company has filed against DOE is pending. DOE uses its transfers of excess uranium, the next of which is scheduled for the end […]

Mike Nartker WC Monitor 7/25/2014 Ohio Senator Rob Portman (R) pushed the Obama Administration’s choice to serve as the next No. 2 official in the Department of Energy this week on the need for adequate funding for the Portsmouth D&D project in his home state. Fluor-B&W Portsmouth, LLC, has recently issued notices warning that as […]

Mike Nartker WC Monitor 7/25/2014 A team led by Fluor won the Department of Energy’s new task order to provide deactivation services at the Paducah Gaseous Diffusion Plant this week. The Fluor team, which also includes CB&I and LATA, beat out a team of led by AECOM for the new contract, estimated to be worth […]

Staff Reports RW Monitor 7/25/2014 GE-Hitachi Global Laser Enrichment LLC (GLE) announced late this week plans to suspend most work on its Silex-based laser enrichment technology as a result of adverse market conditions. In this week’s release, Silex said that GLE now plans to consolidate efforts on the technology development activities to its Wilmington facility […]

Todd Jacobson NS&D Monitor 7/25/2014 A federal judge has schedule a hearing for next week on a request by the uranium conversion services company ConverDyn for a temporary injunction to block the Department of Energy’s planned transfers of excess uranium. With DOE currently scheduled to conduct its next transfer at the end of this month, […]

GE-Hitachi Global Laser Enrichment LLC (GLE) today announced plans to suspend most work on its Silex-based laser enrichment technology as a result of adverse market conditions. According to a release from Silex, GLE will consolidate efforts on the technology development activities to its Wilmington facility in North Carolina and most contractor-based work on the project […]

With hundreds of workers at risk of losing their jobs at the Portsmouth D&D project, the United Steelworkers labor union is calling on Congress to provide adequate funding for the work. Fluor-B&W Portsmouth, LLC, is projecting a funding shortfall of approximately $110 million in Fiscal Year 2015 due to a reduction in the amount of […]

In the wake of the Department of Energy awarding the new Paducah deactivation contract to a team led by Fluor, members of Kentucky’s Congressional delegation are again urging the Department to move forward with full D&D of the plant. “Following the award of the IDIQ contract, we now ask that you support commencing full scale […]

A team led by Fluor has won the Department of Energy’s new task order to provide deactivation services at the Paducah Gaseous Diffusion Plant, DOE announced yesterday. The Fluor team beat out a team led by AECOM for the work,, which is worth approximately $420 million over three years and was awarded under DOE’s Nationwide […]

A federal judge has scheduled a hearing for July 29 on ConverDyn’s request for an injunction blocking the Department of Energy’s planned transfers of excess uranium, according to an internal Fluor-B&W Portsmouth, LLC, message obtained by Weapons Complex Morning Briefing yesterday. With DOE currently scheduled to conduct its next transfer at the end of this […]

ConverDyn has fired back against contentions that halting the Department of Energy’s uranium transfers would harm U.S. national security and nonproliferation goals, arguing that the uranium transfers don’t have to be linked to the downblending efforts of Babcock & Wilcox subsidiary Nuclear Fuel Services. NFS is the nation’s lone source for downblending highly enriched uranium, […]

As the Department of Energy continues to work to award the new contract to provide deactivation services for the Paducah Gaseous Diffusion Plant, Professional Project Services (Pro2Serve) is getting a boost in work to help support the transition of the plant back to DOE. DOE has added approximately $12.5 million worth of work to Pro2Serve’s […]