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Tuesday 29 August 2006

Info Post
It's another good news day for the nuclear energy industry. Down in New Mexico, LES has broken ground on the new National Enrichment Facility. From the Current Argus:
Louisiana Energy Service plans to hold the groundbreaking ceremony for the National Enrichment Facility today at the NEF site near Eunice.

The NEF, according to a press release, is the first major commercial nuclear project licensed in more than 30 years and the first ever to be awarded a combined construction and operating license. Upon completion of construction, the NEF will provide a domestic source of enriched uranium for the country's nuclear energy needs.

The groundbreaking will take place at 10 a.m.

The $1.5 billion NEF project, according to the press release, will provide close to 300 fulltime and contract jobs and more than 1,000 multi-year construction jobs in southeastern New Mexico. It will use proven technology that has operated safely in Europe for 30 years.

When construction is complete, the NEF will operate the nation's most advanced uranium enrichment facility and provide a secure domestic enrichment source to the U.S. nuclear energy companies.
NEI issued a statement from President and CEO, Skip Bowman:
“The Nuclear Energy Institute congratulates LES and its many friends throughout New Mexico and west Texas on this historic day. Once built, the state-of-the-art enrichment facility will be a rock of economic stability for the region for decades to come.

“Just as importantly, the National Enrichment Facility will help ensure a competitive, reliable supply of low-enriched uranium for the nuclear power plants that are vital to our nation’s future energy security. It will enhance our domestic supply of fuel to generate clean, reliable, affordable electricity that our nation needs.

“With the nation’s 103 operating nuclear power plants running at 90 percent capacity and the prospect of new nuclear power plant construction moving steadily closer to reality, this new enrichment facility will add to our energy security as it increases our domestic capability to produce nuclear fuel for electricity production.”
For more enrichment related news, click here.

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