|
|
Article: Shaw AREVA MOX Services and Tennessee Valley Authority Sign Letter of Intent to Evaluate MOX Fuel.
- Article from:
- Business Wire
- Article date:
- July 16, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BATON ROUGE, La. -- The Shaw Group Inc. (NYSE: SGR) today announced Shaw AREVA MOX Services, LLC (MOX Services) and the Tennessee Valley Authority (TVA) have signed a letter of intent to enter into contract negotiations for the procurement of Mixed Oxide fuel (MOX). MOX fuel is manufactured from surplus weapon-grade plutonium and can be used as a low-cost alternative to power nuclear reactors. MOX Services is a joint venture between Shaw's Environmental & Infrastructure Group and AREVA.
The TVA is evaluating the use of MOX fuel as an alternative in its Sequoyah Nuclear Plant Units 1 and 2 and Browns Ferry Nuclear Plant Units 1, 2 and 3; it also may evaluate use ...