GE Hitachi Nuclear Energy Encourages Congress to Support Development of Recycling Technology to Turn Used Nuclear Fuel into an Asset

June 19, 2009

As U.S. Evaluates Used Fuel Strategy, GEH Details Benefits of Proposed Advanced Recycling Center WILMINGTON, N.C.--(BUSINESS WIRE)--As the White House and U.S. Congress create a new national strategy for managing used nuclear fuel, GE Hitachi Nuclear Energy (GEH) is encouraging lawmakers to support the research and development necessary for recycling nuclear fuel. Testifying before the U.S. House of Representatives' Science & Technology Committee on Wednesday, Lisa Price, a GEH senior vice president, briefed lawmakers on GEH's proposed Advanced Recycling Center (ARC). The concept offers a timely solution to the industry's most significant public policy and environmental challenges by turning used nuclear fuel into an asset. "The nation faces a choice today: We can continue down the same path we have been on for the last 30 years, or we can lead a transformation to a new, safer and more secure approach to nuclear energy," said Price, GEH Senior Vice President for the Nuclear Fuel Cycle and CEO of Global Nuclear Fuel LLC. "We need an approach that brings the benefits of nuclear energy to the world while reducing concerns about nuclear waste." As the only nuclear reactor vendor that is majority-owned by a U.S. company, GEH is offering the ARC, which would put U.S. technology to work to improve economic prosperity through job creation, enhance national security, help curb greenhouse gas emissions and provide a unique opportunity to regain the historical U.S. leadership position in nuclear science and technology. The ARC—comprised of a "PRISM" sodium-cooled reactor, combined with an electrometallurgical or dry nuclear fuel recycling facility—is being evaluated by the U.S. Department of Energy and Congress as the government considers a new long-term strategy for used nuclear fuel.

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