A $118 million contract between USEC and Oak Ridge National Laboratory supporting the American Centrifuge technology that begins May 1 received final approval yesterday from the bankruptcy court hearing USEC’s case. The news comes after the Department of Energy backed the plan earlier this week. A DOE research, development and deployment cost-share program supporting American Centrifuge ended yesterday, and the subcontract with ORNL contractor UT-Battelle starts today. The initial $34 million subcontract would fund the fund the program through this fiscal year, and two six-month $42 million option periods that would take it through Fiscal Year 2015 for a total potential value of $118 million. The deal would fund American Centrifuge at about 60 percent of current levels, and would focus on monitoring operations of the currently built cascade of centrifuges.
USEC-OAK RIDGE CONTRACT GAINS FINAL APPROVAL, BEGINS TODAY
West Virginia becomes sixth state picked under DOE’s nuclear campus program
West Virginia has been selected as a finalist to host a nuclear campus under a high-profile Department of Energy program Gov. Patrick Morrisey (R) announced in a Tuesday press conference. West Virginia is now the sixth state to be considered for a nuclear lifecycle innovation campus, joining Idaho, Louisiana, Oklahoma, Tennessee and Utah, which were […]