House guarantees $8 billion in loans for uranium enrichment
Journal Article
·
· Eng. News-Rec.; (United States)
OSTI ID:7153430
Construction of five uranium enrichment facilities passed a major hurdle when the House approved, by one vote, an $8-billion industry loan guarantee program backed by the Ford administration. Four firms have applied for access to secret government technology to enrich uranium fuel for nuclear powerplants on a commercial basis, but the companies demanded loan guarantees before trying either of the two existing methods. Essentially, the Nuclear Fuel Assurance Act guarantees loans for the construction of either of two types of uranium enrichment plants. The method used in the government's enrichment plants, gaseous diffusion, has been used for about 30 years. The second technology, using a high-speed centrifuge to increase the concentration of reactive particles, has not been proven for commercial use. Under the bill, the Federal government would provide the necessary components and technology to build either type of plant. ERDA estimates 2.2 million tons of enriched uranium will be needed by 2000 to supply the 600 domestic nuclear power plants expected to be operating then. Based on these figures, six to seven enrichment plants, costing up to $3.5 billion each, will have to be built. (MCW)
- OSTI ID:
- 7153430
- Journal Information:
- Eng. News-Rec.; (United States), Journal Name: Eng. News-Rec.; (United States) Vol. 197:7; ISSN ENREA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210802 -- Nuclear Power Plants-- Economics-- Fuel Cycle
29 ENERGY PLANNING, POLICY, AND ECONOMY
290600* -- Energy Planning & Policy-- Nuclear Energy
ACTINIDES
CAPITAL
CENTRIFUGATION
CENTRIFUGE ENRICHMENT PLANTS
ELEMENTS
ENERGY SOURCES
ENRICHED URANIUM
FINANCING
FORECASTING
FUEL CYCLE
FUELS
GASEOUS DIFFUSION PLANTS
INDUSTRIAL PLANTS
ISOTOPE ENRICHED MATERIALS
ISOTOPE SEPARATION
ISOTOPE SEPARATION PLANTS
LAWS
LEGAL ASPECTS
METALS
NUCLEAR FACILITIES
NUCLEAR FUELS
PLANNING
PRODUCTION
REACTOR MATERIALS
SEPARATION PROCESSES
URANIUM
210802 -- Nuclear Power Plants-- Economics-- Fuel Cycle
29 ENERGY PLANNING, POLICY, AND ECONOMY
290600* -- Energy Planning & Policy-- Nuclear Energy
ACTINIDES
CAPITAL
CENTRIFUGATION
CENTRIFUGE ENRICHMENT PLANTS
ELEMENTS
ENERGY SOURCES
ENRICHED URANIUM
FINANCING
FORECASTING
FUEL CYCLE
FUELS
GASEOUS DIFFUSION PLANTS
INDUSTRIAL PLANTS
ISOTOPE ENRICHED MATERIALS
ISOTOPE SEPARATION
ISOTOPE SEPARATION PLANTS
LAWS
LEGAL ASPECTS
METALS
NUCLEAR FACILITIES
NUCLEAR FUELS
PLANNING
PRODUCTION
REACTOR MATERIALS
SEPARATION PROCESSES
URANIUM