USEC may leave Paducah

USEC may leave Paducah

Posted: Monday, January 9, 2012 11:22 pm

PADUCAH, Ky. (AP) — The United States Enrichment Corporation says it may leave Paducah.
The company sent a letter to the Department of Energy last month saying it could hand over facilities it leases at the Paducah Gaseous Diffusion Plant by May.
The company also sent a letter to its 1,200 local employees saying that while a final decision hasn’t been made, operations at the facility would return to DOE if certain economic conditions aren’t met.
“As the date approaches, we really thought it was important to go on record with the department (DOE) to make sure they are aware, and have in writing, our position,” USEC vice president Steve Penrod told The Paducah Sun last week. “We’ve not been able to achieve the things that we need to achieve to be able to extend the operations.”
He said the company needs to achieve three things — it needs to come to a price agreement with the Tennessee Valley Authority on electricity the facility uses, it needs to determine whether the Energy Department is going to allow it to re-enrich depleted uranium stockpiles called tails and it needs to assess the future demand for the product at the plant.

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