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Centrus signs $32.3 million contract for engineering, testing on uranium enrichment

Posted at 11:04 am March 28, 2016
By Oak Ridge Today Staff Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Centrus Energy Corporation announced Monday that it has signed a $32.3 million contract with UT-Battelle LLC for engineering and testing work on uranium enrichment technology. The contract, a new U.S. Centrifuge Technology Advancement contract, runs through September 30.

UT-Battelle operates Oak Ridge National Laboratory for the U.S. Department of Energy.

Under the terms of the agreement with UT-Battelle, Centrus will continue to perform engineering and testing work to preserve and advance uranium enrichment technology that originates in the United States to support future national security and energy security needs, a press release said.

“We still have critical work to do to advance the nation’s uranium enrichment capability,” said Steve Penrod, vice president of American Centrifuge for Centrus. [Read more…]

Filed Under: Business, Front Page News, Oak Ridge, Oak Ridge National Laboratory, Top Stories, U.S. Department of Energy Tagged With: American Centrifuge, Centrus, Centrus Energy Corporation, Oak Ridge, Oak Ridge National Laboratory, Piketon, Steve Penrod, U.S. Centrifuge Technology Advancement, U.S. Department of Energy, uranium enrichment, UT-Battelle, UT-Battelle LLC

Centrus completes centrifuge demonstration, reducing Ohio workforce, continuing Oak Ridge work

Posted at 12:16 pm February 20, 2016
By Oak Ridge Today Staff Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

A centrifuge demonstration is complete in Piketon, Ohio, and the workforce there will be reduced, but  research, engineering, and testing work will continue in Oak Ridge, Centrus Energy Corporation announced Friday.

The company, which is based in Bethesda, Maryland, said it has completed operations of its three-year demonstration cascade of American Centrifuge machines at its facility in Piketon, Ohio. Now, it will demobilize the demonstration cascade and reduce its workforce at Piketon starting with the layoff of about 60 employees during the week of February 29, Centrus said.

Centrus currently has more than 120 employees working at two dedicated facilities in the Oak Ridge area to engineer, design, and test improvements in full-size machines operating in individual test stands, a press release said. The company’s scientists and engineers will continue to improve the reliability and manufacturability of centrifuge machines for potential future applications, the release said. [Read more…]

Filed Under: Business, Business, Front Page News, Oak Ridge, Oak Ridge National Laboratory, Slider, U.S. Department of Energy Tagged With: American Centrifuge, centrifuge demonstration, centrifuge machines, Centrus, Centrus Energy Corporation, Daniel B. Poneman, DOE, gas centrifuge, layoff, NRC, Oak Ridge, Oak Ridge National Laboratory, ORNL, Piketon, U.S. Department of Energy, U.S. Nuclear Regulatory Commission, uranium enrichment

ORNL to extend contract for uranium centrifuge work, but at reduced level; could require layoffs

Posted at 8:27 pm September 11, 2015
By Oak Ridge Today Staff Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Oak Ridge National Laboratory intends to extend its contract with Centrus Energy Corporation for research on uranium enrichment centrifuges, but at a reduced level, with funding cut by about 60 percent, the company said Friday. Layoffs could be required, Centrus said in a press release.

The contract extension continues technology development activities at Oak Ridge facilities for advanced uranium enrichment centrifuges, but revenues won’t be used for operations in Piketon, Ohio, the press release said.

The new contract will cover a one-year period from October 1, 2015, to September 30, 2016, with the possibility for additional extensions, the release said.

It said the U.S. Department of Energy’s decision to provide reduced funding will support continued developments of the company’s American Centrifuge technology—which has long-term importance for national and energy security. [Read more…]

Filed Under: Business, Business, Federal, Front Page News, Government, Oak Ridge, Oak Ridge National Laboratory, Slider, U.S. Department of Energy Tagged With: advanced uranium enrichment centrifuges, American Centrifuge, centrifuges, Centrus, Centrus Energy Corporation, Congress, Daniel B. Poneman, nuclear power plants, Oak Ridge, Oak Ridge National Laboratory, Piketon, Steve Penrod, U.S. Department of Energy, U.S. Nuclear Regulatory Commission, uranium, uranium enrichment, uranium fuel

DOE explores options for enriched uranium technology for national security

Posted at 5:17 am May 6, 2014
By John Huotari Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photos courtesy USEC)

USEC, UT-Battelle to preserve centrifuge enrichment capabilities on interim basis

USEC and UT-Battelle have signed a $33.7 million, five-month contract to continue operating centrifuges and conducting research and development activities on a uranium enrichment project deemed important for national security and possible commercial use.

The agreement with UT-Battelle, which manages Oak Ridge National Laboratory, was signed May 1. The five-month term ends Sept. 30. The new agreement includes options for two six-month extensions valued at about $41.7 million each. The total price of the contract with the options is roughly $117 million.

USEC, which is now an ORNL subcontractor, previously performed research, development, and demonstration work on the project, the American Centrifuge Project, under an agreement with the U.S. Department of Energy that had been in place since June 12, 2012. That cost-sharing agreement expired April 30. [Read more…]

Filed Under: Business, Oak Ridge, Oak Ridge National Laboratory, Top Stories, U.S. Department of Energy Tagged With: ACTDO Agreement, American Centrifuge Manufacturing LLC, American Centrifuge Project, American Centrifuge Technology Demonstration and Operations Agreement, Babcock and Wilcox Technical Services Group Inc., bankruptcy, centrifuges, DOE, enriched uranium, Ernest Mozin, Form 8-K, National Nuclear Security Administration, national security, nuclear fuel, Oak Ridge, Oak Ridge National Laboratory, ORNL, Piketon, research and development, Securities and Exchange Commission, U.S. Department of Energy, uranium enrichment, USEC, USEC Inc., UT-Battelle

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