Oak Ridge Today

Updated: X-energy, Centrus Energy to develop fuel for advanced nuclear reactors

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Larry Cutlip, left, Centrus Energy vice president of field operations, and Pete Pappano, X Energy vice president of fuel production, announce a collaboration on fuel for advanced nuclear reactors at the Nuclear Suppliers Workshop at Pollard Technology Conference Center on Wednesday, Sept. 6, 2017. (Photo by John Huotari/Oak Ridge Today)

Larry Cutlip, left, Centrus Energy vice president of field operations, and Pete Pappano, X Energy vice president of fuel production, announce a collaboration on fuel for advanced nuclear reactors at the Nuclear Suppliers Workshop at Pollard Technology Conference Center on Wednesday, Sept. 6, 2017. (Photo by John Huotari/Oak Ridge Today)

 

This story was last updated at 5:30 a.m. Sept. 7.

Two companies that have operations or employees in Oak Ridge are exploring a collaboration for the possible production of fuel for advanced nuclear reactors.

The two companies, X Energy LLC and Centrus Energy Corporation, announced Wednesday that they have signed a memorandum of understanding for the potential collaboration.

They are expected to put together a business plan for the fuel fabrication business. It’s not clear how long that might take, said Jeremy Derryberry, Centrus Energy senior communications manager.

But the companies are working toward the development of a fuel fabrication facility that could possibly be in Oak Ridge, where Centrus, formerly known as USEC, has had operations for about 15 years.

“We really think that Oak Ridge can be a nexus for the advanced reactor industry in the U.S. going forward,” Derryberry said in a telephone interview Wednesday.
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Centrus raises more than $16,000 for United Way

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Centrus Donates to United Way

Pictured above are Lou Ann Lawson, Faye Grantham, Amanda Smith, Lydia Birk (2014 United Way Campaign Chair), Larry Cutlip, Cindy Light, and Gayla Hunter. United Way Committee members not present are Jamie Poland and Lana DiFiore. (Submitted photo)

 

Centrus Energy Corporation, formerly known as USEC, recently announced that they raised more than $16,000 in their 2014 United Way of Anderson County campaign. That’s a 10 percent increase compared to 2013, a press release said.

The release said the increase is vitally important for United Way of Anderson County, helping it recover from the last two years, which have been difficult.

“We are delighted that we are part of the solution,” said Larry Cutlip, a Centrus deputy director. “We know our community has struggled the last two years due to changes in federal funding, so our growth is exciting.” [Read more…]