USEC Inc. and NAC International Welcomes the Release of the Blue Ribbon Commission Final Report
March 26, 2012
NORCROSS, Ga. – USEC Inc. (NYSE: USU) and its subsidiary NAC International(NAC) today praised the recommendation by the President’s Blue Ribbon Commissionfor America’s Nuclear Future (BRC) for creation of centralized interim storage of spent nuclear fuel.NAC, a global leader in spent nuclear fuel transportation and storage, participated in the commission’s review process and provided input to the final report based on the company’s years of expertise in spent fuel storage and transportation.
NAC concurs with the BRC’s final report findings that consolidated spent fuel storage is a prudent way for the United States to address its spent nuclear fuel storage needs. In addition, NAC praised the report for recognizing the long lead times that will be necessary to develop the transportation infrastructure needed to support centralized interim storage.
NAC is a leader in dry storage of spent fuel and has provided more than 75 percent of the dry storage systems in place at decommissioned commercial light water reactors sites in the United States.
“A key element of the commissions plan calls for establishing centralized storage of spent nuclear fuel. Creation of centralized storage will allow spent fuel currently stored at nine decommissioned reactor sites in eight states to be moved to a more economic, efficient and consolidated location,” said Kent Cole, president of NAC International.
“As an expert in U.S. dry storage technologies, NAC looks forward to the discussion and implementation of these important policy recommendations. We look forward as well to working with nuclear utilities, government agencies, and industry groups in helping make these recommendations a reality,” added Cole.
About NAC International
NAC is a diversified company with recognized expertise in nuclear spent fuel transport and storage, spent fuel management and fuel cycle consulting. 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’s multipurpose canister system technologies are among the most widely deployed systems in the United States. In total, more than 415 NAC storage systems have been ordered with more than 300 systems delivered. NAC maintains its corporate headquarters in Norcross, Ga., and has international offices in Moscow, London, and Tokyo. NAC is a subsidiary of USEC Inc., a leading supplier of enriched uranium fuel for commercial nuclear power plants.
NAC concurs with the BRC’s final report findings that consolidated spent fuel storage is a prudent way for the United States to address its spent nuclear fuel storage needs. In addition, NAC praised the report for recognizing the long lead times that will be necessary to develop the transportation infrastructure needed to support centralized interim storage.
NAC is a leader in dry storage of spent fuel and has provided more than 75 percent of the dry storage systems in place at decommissioned commercial light water reactors sites in the United States.
“A key element of the commissions plan calls for establishing centralized storage of spent nuclear fuel. Creation of centralized storage will allow spent fuel currently stored at nine decommissioned reactor sites in eight states to be moved to a more economic, efficient and consolidated location,” said Kent Cole, president of NAC International.
“As an expert in U.S. dry storage technologies, NAC looks forward to the discussion and implementation of these important policy recommendations. We look forward as well to working with nuclear utilities, government agencies, and industry groups in helping make these recommendations a reality,” added Cole.
About NAC International
NAC is a diversified company with recognized expertise in nuclear spent fuel transport and storage, spent fuel management and fuel cycle consulting. 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’s multipurpose canister system technologies are among the most widely deployed systems in the United States. In total, more than 415 NAC storage systems have been ordered with more than 300 systems delivered. NAC maintains its corporate headquarters in Norcross, Ga., and has international offices in Moscow, London, and Tokyo. NAC is a subsidiary of USEC Inc., a leading supplier of enriched uranium fuel for commercial nuclear power plants.
