Or even wins. Note the two posts about USEC below – it’s all about the company’s American Centrifuge project and DOE’s rejection of its loan guarantee application to move it to the next stage – and USEC’s almost ferocious response to that rejection. And now, DOE issues a press release : The Department of Energy and USEC Inc. today announced an agreement to delay a final review on the company’s loan guarantee application for the American Centrifuge Plant in Piketon, OH. There’s a good deal of give on both sides of the issue. From USEC: As it has indicated, the Department sees promise in the ACP technology, but USEC’s application does not meet all the statutory and regulatory standards that would permit the agency to grant a loan guarantee at this time. Both DOE and USEC recognize that meeting these criteria will likely take six months or more. Okay, so USEC accepts that the application needs more work. From DOE: The Department plans to defer review of the ap...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.