June 7, 2005
Norcross, Georgia—NAC International multipurpose canister systems were used exclusively by Connecticut Yankee Atomic Power Company in its recently completed spent fuel loading at the utility’s Haddam Neck Plant. The 43 NAC-MPCTM systems were designed, licensed and supplied by NAC and are now in dry storage at the plant’s Independent Spent Fuel Storage Installation.

The campaign was characterized by several important successes, including timely completion, reduced personnel exposures, and no lost-time accidents. The project was completed in less than one year, and actual loading times averaged less than seven days per system. During the final third of the campaign, loading times averaged just over five days per system.

With the completion of this campaign, the total number of loaded concrete multipurpose canister systems designed, licensed and supplied by NAC exceeds 150 worldwide—more than that of any other supplier. Two additional customer loading campaigns this year are expected to increase NAC’s total to more than 160.

Peter Walier, NAC president and CEO, said, “NAC is very pleased with the performance and results at Connecticut Yankee and with the extraordinary growth in NAC multipurpose canister systems deployed over the last four years. Experience gained through the successful deployment of our MPC and UMSTM systems has enabled us to develop our new generation MAGNASTOR® technology, currently under NRC review. The innovations within MAGNASTOR will assure that NAC’s systems continue to represent the best value in dry spent fuel storage for our customers.”

Since 1968, NAC has been a leader in providing solutions and services to the nuclear industry throughout the world, working with both government and commercial organizations. NAC specializes in nuclear fuel transport, spent fuel management technology, and fuel cycle consulting. NAC maintains its Corporate Headquarters in Norcross, Georgia, and has offices in Moscow; London; Tokyo; Pleasantville, New York; and Aiken, South Carolina. NAC is a subsidiary of USEC Inc (NYSE: USU), the world’s leading supplier of enriched uranium fuel for commercial nuclear power plants.