United States Enrichment Corporation

Last updated
Centrus Energy Corp.
Type Public
AMEX:  LEU
IndustryBasic Materials
Founded1992 (as USEC)
Headquarters Bethesda, Maryland United States
Key people
John Castellano, Interim President and CEO [1]
ProductsIndustrial Metals & Minerals
Revenue$218.4 million (2016) [2]
$12.2 million (2016) [2]
Total assets $675.3 million (2016) [2]
Number of employees
2,949 (in 2010) [2]
Website www.centrusenergy.com

The United States Enrichment Corporation, a subsidiary of Centrus Energy Corp. (formerly USEC Inc.), is a corporation that contracts with the United States Department of Energy to produce enriched uranium for use in nuclear power plants.

Contents

History

The Energy Policy Act of 1992 created the United States Enrichment Corporation out of the Department of Energy as a state owned enterprise to enrich uranium for civilian use, and in July 1993 USEC took over DOE facilities. USEC was fully privatized by the U.S. government on July 28, 1998 through an initial public offering. The U.S. government received about three billion dollars for USEC.[ citation needed ]

USEC had gaseous diffusion plants at Piketon, Ohio near Portsmouth. The United States Nuclear Regulatory Commission assumed regulatory authority over the Portsmouth facility in March 1997 and on June 5, 1998 the agency made an investigation into alleged "failure to control components with uranium deposits, inadequate maintenance, testing and operation of safety valves on equipment, and exceeding the possession limit for uranium enriched greater than 20 percent." [3] In May 2001, USEC ceased uranium enrichment operations in Piketon and consolidated operations in Paducah, Kentucky. The following year, transfer and shipping operations were also consolidated at Paducah.[ citation needed ]

A demonstration gas centrifuge plant was being built at Piketon for initial commercial operation in 2009, with a full-size plant is planned there for operation in 2012. [4] However, in July 2009 the DOE did not grant a $2 billion loan guarantee for a planned uranium-enrichment facility in Piketon, Ohio, "causing the initiative to go into financial meltdown," the company USEC spokesperson Elizabeth Stuckle said, adding "we are now forced to initiate steps to demobilize the project." [5] [6]

On July 28, 2009, the company said that it was suspending work on the project because of the Department of Energy's decision not to provide loan guarantees. The Energy Department said that the proposed plant was not ready for commercial production and therefore ineligible for the loan guarantees. The department said that if USEC withdraws its application, it will receive $45 million over the next 18 months to conduct further research.

Before its downsizing and final cessation of uranium enrichment on May 31, 2013, the Paducah Gaseous Diffusion Plant consumed about 3,000 megawatts of electricity at peak operation. [7] Power for the Paducah gaseous diffusion plant came from the Tennessee Valley Authority (TVA). In 2012 the majority of the TVA grid was generated by coal fired plants, with three nuclear power plants counting for about 30 percent of TVA's energy. [8]

The Department of Energy remains responsible for clean-up of the sites of materials left there prior to 1993.[ citation needed ]

USEC was the executive agent in the U.S./Russia Highly Enriched Uranium Purchase Agreement, implemented under the Megatons to Megawatts Program.[ citation needed ]

On December 16, 2013, USEC announced that it had reached an agreement with a majority of its debt holders to file a prearranged and voluntary Chapter 11 bankruptcy restructuring in the first quarter of 2014. [9] On September 30, 2014, executives announced that the company had emerged from bankruptcy proceedings with a new name, Centrus Energy Corp. [10]

Related Research Articles

Isotope separation is the process of concentrating specific isotopes of a chemical element by removing other isotopes. The use of the nuclides produced is various. The largest variety is used in research. By tonnage, separating natural uranium into enriched uranium and depleted uranium is the largest application. In the following text, mainly the uranium enrichment is considered. This process is a crucial one in the manufacture of uranium fuel for nuclear power stations, and is also required for the creation of uranium based nuclear weapons. Plutonium-based weapons use plutonium produced in a nuclear reactor, which must be operated in such a way as to produce plutonium already of suitable isotopic mix or grade. While different chemical elements can be purified through chemical processes, isotopes of the same element have nearly identical chemical properties, which makes this type of separation impractical, except for separation of deuterium.

Enriched uranium is a type of uranium in which the percent composition of uranium-235 has been increased through the process of isotope separation. Naturally occurring uranium is composed of three major isotopes: uranium-238, uranium-235, and uranium-234. 235U is the only nuclide existing in nature that is fissile with thermal neutrons.

Piketon, Ohio Village in Ohio, United States

Piketon is a village in Pike County, Ohio, United States, along the Scioto River. The village is best known for the uranium enrichment plant located there. The population was 2,181 at the 2010 census. Originally called Jefferson, it was the county seat of Pike County 1815–1845, when James Emmitt, a wealthy local entrepreneur, influenced removal of the county seat to Waverly, due to its closer proximity to the then new Ohio & Erie Canal. Piketon is the location of the Pike County Fairgrounds and is served by the Scioto Valley School District.

Uranium hexafluoride

Uranium hexafluoride (UF6), colloquially known as "hex" in the nuclear industry, is a compound used in the process of enriching uranium, which produces fuel for nuclear reactors and nuclear weapons.

Gas centrifuge

A gas centrifuge is a device that performs isotope separation of gases. A centrifuge relies on the principles of centripetal force accelerating molecules so that particles of different masses are physically separated in a gradient along the radius of a rotating container. A prominent use of gas centrifuges is for the separation of uranium-235 (235U) from uranium-238 (238U). The gas centrifuge was developed to replace the gaseous diffusion method of uranium-235 extraction. High degrees of separation of these isotopes relies on using many individual centrifuges arranged in cascade, that achieve successively higher concentrations. This process yields higher concentrations of uranium-235 while using significantly less energy compared to the gaseous diffusion process.

Gaseous diffusion

Gaseous diffusion is a technology used to produce enriched uranium by forcing gaseous uranium hexafluoride (UF6) through semipermeable membranes. This produces a slight separation between the molecules containing uranium-235 (235U) and uranium-238 (238U). By use of a large cascade of many stages, high separations can be achieved. It was the first process to be developed that was capable of producing enriched uranium in industrially useful quantities, but is nowadays considered obsolete, having been superseded by the more-efficient gas centrifuge process.

Erich Rudolf Bagge was a German scientist. Bagge, a student of Werner Heisenberg for his doctorate and Habilitation, was engaged in German Atomic Energy research and the German nuclear energy project during the Second World War. He worked as an Assistant at the Kaiser-Wilhelm-Institut für Physik in Berlin. Bagge, who became associated professor at the University of Hamburg in 1948, was in particular involved in the usage of nuclear power for trading vessels, and he was one of the founders of the Society for the Usage of Nuclear Energy in Ship-Building and Seafare. The first German nuclear vessel, the "NS Otto Hahn", was launched in 1962. A research reactor was installed in Geesthacht near Hamburg at about the same time which has over the years formed into a center for materials research with neutrons.

K-25 Manhattan Project codename for a program to produce enriched uranium

K-25 was the codename given by the Manhattan Project to the program to produce enriched uranium for atomic bombs using the gaseous diffusion method. Originally the codename for the product, over time it came to refer to the project, the production facility located at the Clinton Engineer Works in Oak Ridge, Tennessee, the main gaseous diffusion building, and ultimately the site. When it was built in 1944, the four-story K-25 gaseous diffusion plant was the world's largest building, comprising over 1,640,000 square feet (152,000 m2) of floor space and a volume of 97,500,000 cubic feet (2,760,000 m3).

Y-12 National Security Complex US Energy Dept facility in Oak Ridge, Tennessee

The Y-12 National Security Complex is a United States Department of Energy National Nuclear Security Administration facility located in Oak Ridge, Tennessee, near the Oak Ridge National Laboratory. It was built as part of the Manhattan Project for the purpose of enriching uranium for the first atomic bombs. It is considered the birthplace of the atomic bomb. In the years after World War II, it has been operated as a manufacturing facility for nuclear weapons components and related defense purposes.

Eurodif

Eurodif, which means European Gaseous Diffusion Uranium Enrichment Consortium, is a subsidiary of the French company Orano, which operates a uranium enrichment plant established at the Tricastin Nuclear Power Center in Pierrelatte in Drôme. The nuclear site of Pierrelatte includes many nuclear installations, of which the largest are the Eurodif fuel factory and the Tricastin nuclear power station.

The Megatons to Megawatts Program, successfully completed in December 2013, is the popular name given to the program which is also called the United States-Russia Highly Enriched Uranium Purchase Agreement. The official name of the program is the "Agreement between the Government of the Russian Federation and the Government of the United States of America Concerning the Disposition of Highly-Enriched Uranium Extracted from Nuclear Weapons", dated February 18, 1993. Under this Agreement, Russia agreed to supply the United States with low-enriched uranium (LEU) obtained from high-enriched uranium (HEU) found to be in excess of Russian defense purposes. The United States agreed to purchase the low-enriched uranium fuel.

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Separation of isotopes by laser excitation (SILEX) is a process for isotope separation that is used to produce enriched uranium using lasers. It was developed in the 1990s, based on earlier technologies.

Kyger Creek Power Plant

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Bechtel Jacobs Company LLC is a limited liability company owned by Bechtel and Jacobs Engineering Group that served as the primary contractor to the U.S. Department of Energy (DOE) for waste management and environmental remediation activities on DOE-managed federal government properties in Oak Ridge, Tennessee.

Portsmouth Gaseous Diffusion Plant

The Portsmouth Gaseous Diffusion Plant is a facility located in Scioto Township, Pike County, Ohio, just south of Piketon, Ohio that previously produced enriched uranium, including weapons-grade uranium, for the United States Atomic Energy program and U.S. nuclear weapons program. The plant is in shutdown status and is in preparation for decontamination and decommissioning (D&D), with some facilities overseen by the United States Enrichment Corporation, a subsidiary of USEC Incorporated, a publicly traded corporation. The D&D work on the older facilities to prepare the site for future use is expected to continue through 2024 and is being conducted by Fluor-B&W Portsmouth LLC.

Oak Ridge gatehouses Historic security checkpoints in Oak Ridge, TN, US

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The Zippe-type centrifuge is a gas centrifuge designed to enrich the rare fissile isotope uranium-235 (235U) from the mixture of isotopes found in naturally occurring uranium compounds. The isotopic separation is based on the slight difference in mass of the isotopes. The Zippe design was originally developed in the Soviet Union by a team led by 60 Austrian and German scientists and engineers captured after World War II, working in detention. In the West the type is known by the name of the man who recreated the technology after his return to the West in 1956, based on his recollection of his work in the Soviet program, Gernot Zippe. To the extent that it might be referred to in Soviet/Russian usage by any one person's name, it was known as a Kamenev centrifuge 

Paducah Gaseous Diffusion Plant

The Paducah Gaseous Diffusion Plant (PGDP) is a facility located in McCracken County, Kentucky, near Paducah, Kentucky that produced enriched uranium 1952–2013. It is owned by the U.S. Department of Energy (DOE). The PGDP was the only operating uranium enrichment facility in the United States in the period 2001–2010. The Paducah plant produced low-enriched uranium, originally as feedstock for military reactors, weapons and later for nuclear power fuel.

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References

  1. "Centrus Officers" . Retrieved 24 October 2014.
  2. 1 2 3 4 "Form 10-K for the Fiscal Year Ended December 31, 2010". USEC. February 24, 2011.
  3. United States Nuclear Regulatory Commission. 29 May 1998. (Press Release). NRC website Retrieved 8 November 2019.
  4. "USEC Portsmouth "American Centrifuge Plant" project, USA". wise-uranium.org. Retrieved 21 September 2014.
  5. "Dispatch Politics". The Columbus Dispatch. Retrieved 21 September 2014.
  6. "USEC loan guarantee application rejected; shares plunge". Washington Business Journal. Retrieved 21 September 2014.
  7. Sea, Geoffrey (May 31, 2013). "Uranium Enrichment Ends at Paducah (Part 3)". ecowatch. Retrieved 22 September 2013.
  8. "Nuclear Energy". TVA. November 2012. Retrieved 22 September 2013.
  9. "USEC Inc. Reaches Agreement with Noteholder Group To Move Forward with Balance Sheet Restructuring". USEC. 16 December 2013. Retrieved 17 December 2013.
  10. Overly, Steven (30 September 2014). "Centrus Energy, formerly known as USEC, emerges from Chapter 11 bankruptcy". The Washington Post. Retrieved 24 October 2014.