Today, USEC, Duke Energy and the international nuclear company AREVA announced plans for a new 1,650-megawatt nuclear reactor to be built in Piketon, Ohio, creating even more jobs for southern Ohio. The announcement comes almost a year after USEC announced it would build a new uranium enrichment plant in Piketon. Nuclear plants are fueled with low-enriched uranium and the U.S. currently has very limited uranium enrichment capabilities. While America’s limited domestic enrichment is currently provided by USEC’s plant in Paducah, Kentucky, the company is building a new $3.5 billion plant …
There’s a lot going in the nuclear world. Let’s take a look. The news: France, not U.S. likely to get contract with India. “France is expected to get first-mover advantage with Nuclear Power Corporation of India Limited (NPCIL) exploring commercial contracts for setting up a cluster of European Pressurised Reactors (EPRs) and sourcing uranium from French companies for fuel-starved Indian civil nuclear reactors.” The takeaway: “Unlike their American counterparts such as General Electric or Westinghouse, the French companies do not require India to enact nuclear liability protection in order to …
