THE BIG PICTURE: The Nuclear Fuel Cycle
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Tag: Fuel
DOE’s First Advanced Fossil Fuel Loan Guarantee Commitment Awarded to Methanol Plant with Carbon Capture
The Department of Energy’s (DOE’s) first loan guarantee under an $ 8 billion solicitation for advanced fossil energy projects may go to a methanol production facility in Lake Charles, La., that will employ carbon capture technology for enhanced oil recovery.
The DOE said in a statement on December 21 that it offered a conditional commitment to guarantee loans of up to $ 2 billion to help build the facility. If built, the facility will be the world’s first methanol production facility to use carbon capture technology. It would also be the first facility in the U.S. to derive methanol from petroleum coke (petcoke), which is a byproduct of oil refining.
The proposed plant will produce methanol, hydrogen, and other industrial gases and chemical products using petcoke as a feedstock. It proposes to capture 77% of carbon dioxide from the petcoke gasification plant. The gas will then be compressed and transported to oilfields in Texas for enhanced oil recovery.
The DOE’s solicitation issued in December 2013 under Title XVII of the Energy Policy Act of 2005 sought applications for loan guarantees to finance U.S.…
Paducah Laser Nuclear Enrichment Facility Gets Fuel but Not Formal Construction Decision
While GE-Hitachi Global Laser Enrichment (GLE) confirmed it hasn’t made a formal decision to proceed with licensing or construction of a laser enrichment facility at Paducah, Ky., the Department of Energy (DOE) announced it has agreed to sell depleted uranium to the company over a 40-year period to help produce nuclear power plant fuel.
The DOE said that GLE would finance, construct, own, and operate the Paducah Laser Enrichment Facility proposed for a site near the DOE’s Paducah Gaseous Diffusion Plant in western Kentucky. The commercial facility is expected to use, under a Nuclear Regulatory Commission (NRC) license, depleted uranium to produce natural uranium, which will then be used for production of fuel for U.S. civil nuclear reactors. The agreement provides for the sale of about 300,000 metric tons of DOE-owned high-assay uranium hexafluoride (DUF6) inventories for re-enrichment using proprietary SILEX technology to produce natural-grade uranium.
Yet, as a GE Power spokesperson told POWER on November 11, GLE “has made no formal decision to proceed with licensing or construction of the facility.”…