Nuclear News: Continued funding confirmed for MOX project

Source:CB&I

CB&I (CBI) is pleased to report the U.S. Congress' continued funding for the Mixed Oxide Fuel Fabrication Facility (MOX) project located at the Savannah River Site near Aiken, South Carolina. Congress' 2015 omnibus bill calls for $345 million for continued construction of the MOX project and ensures that the funding must be used for continued construction of the facility in fiscal year 2015.

"CB&I commends Congress for providing adequate funding for the MOX project and for ensuring its construction next year," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "MOX is one of the most significant nuclear non-proliferation projects currently underway in the world, and support from Washington is critical for project execution and completion."

"When the President submitted his budget request to Congress this year, he proposed a short-sighted plan that would in effect shutter MOX while other options were studied," said U.S. Senator Lindsey Graham of South Carolina. "I am proud that we were able to overcome this misguided effort and secure the additional funding and authority to continue construction of the MOX facility."

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs