DOE Awards $4 Million to TVA to Design Nuclear Reprocessing Plant

Date: May 7, 2008

Source: News Room

The Department of Energy has awarded $4 million to the Tennessee Valley Authority (TVA) to develop a conceptual design for a nuclear waste reprocessing plant that might ultimately become a demonstration facility. The intent is to demonstrate new technology to recycle useful material contained in nuclear waste sitting in storage at nuclear power plants across the country. TVA President and CEO Tom Kilgore acknowledged that it would be a long term project that will eventually cost billions of dollars to fully develop.