Half-built uranium enrichment plant canceled as DOE denies loan guarantee

The half-built uranium enrichment plant in Piketon, Ohio, has been canceled after the U.S. Department of Energy denied the application for a federal loan guarantee submitted by plant owner, U.S. Enrichment Company (USEC). The plant was scheduled to be fully operational by 2010 but had stalled due to uncertainty over funding. Its cancelation marks another step backward by the U.S. nuclear industry whose 21st Century Nuclear Retreat is falsely characterized by the industry as a "renaissance." Read more in the Washington Post.