Norcross, Georgia —NAC announced today that it will withdraw and resubmit its application before the Nuclear Regulatory Commission (NRC) for spent nuclear fuel dry storage certification of its Modular, Advanced Generation, Nuclear All-purpose Storage (MAGNASTOR®) System. NAC will resubmit the application soon with additional material in a few areas that were identified by the NRC as lacking sufficient detail to complete its review. Resubmitting the MAGNASTOR application is a procedural step required by NRC rules in order for the NRC staff to resume review of the technology.
Norcross, Georgia—NAC International today announced that Craig K. Seaman has joined NAC as Senior Vice President of Spent Fuel Technology Projects, assuming the post formerly held by NAC President Kent Cole. In this role, Seaman will be responsible for projects and engineering related to NAC’s transportable spent fuel storage technology. Seaman comes to NAC from Arizona Public Service’s Palo Verde Nuclear Generating Station, where he served since October 2005 as the General Manager of Regulatory Affairs and Performance Improvement.
Norcross, Georgia—NAC International (NAC) today announced that Peter Walier, president, will be departing the company on August 18, 2006, to assume a senior leadership position outside of the nuclear industry. Walier became NAC’s president in December 2002 and led the company’s significant turnaround, which has produced three consecutive years of strong financial performance.
Norcross, Georgia—NAC International (NAC®) announced today that the Republic of China’s Institute for Nuclear Energy Research (INER) has selected NAC’s Universal MPC System (UMS) technology for the first deployment of dry spent fuel storage at nuclear power plants in Taiwan.
Norcross, Georgia—The U.S. Department of Energy has awarded NAC International a three-year, $25 million contract extension to manage the Nuclear Materials Management and Safeguards System (NMMSS). The extension is effective October 1, 2005, and runs through September 30, 2008.
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.
Norcross, Georgia—NAC Worldwide Consulting announced today the release of the latest edition of Fuel-Trac® Status Reports, its semi-annual global analysis of the nuclear power industry. The six-volume study also includes detailed supply/demand models for key elements of the nuclear fuel cycle, including uranium, conversion services, enrichment, light water reactor fuel fabrication, and projections for spent fuel discharges and reprocessing. Fuel-Trac Status Reports provide a complete view of the global nuclear fuel cycle, developed by a body of experts that have hundreds of person-years of experience in all phases of the industry.
Norcross, Georgia—Nuclear industry professionals and observers are invited to attend NAC International’s 39th Nuclear Fuel Management Seminar to be held April 18-21 in the Atlanta-Buckhead area. The seminar will provide an overview of the nuclear industry and is especially timely, given the renewed enthusiasm for nuclear power and growing interest in constructing a new generation of nuclear plants.
Norcross, Georgia—Successful completion of several important spent fuel storage and transportation projects and steady progress in licensing its promising new MAGNASTOR® technology have NAC International looking to the future with optimism, NAC Vice President Charles Pennington told a nuclear industry conference last week.
Norcross, Georgia— NAC International (NAC) has submitted an application to the U.S. Nuclear Regulatory Commission (NRC) for approval of a new generation of dry spent fuel storage technology. This new multipurpose system, called the Modular, Advanced Generation, Nuclear All-purpose Storage (MAGNASTOR®) System, has been developed over the last 15 months and builds upon NAC’s experience with its highly successful UMS and MPC technologies.