Report shows MOX cost has risen by $2 billion

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by The Associated Press

WCNC.com

Posted on February 14, 2013 at 7:58 PM

COLUMBIA, S.C. (AP) -- The price tag on a South Carolina project intended to turn weapons-grade plutonium into fuel for nuclear reactors has gone up. 

A report released Thursday by the General Accountability Office says the National Nuclear Security Administration recently estimated the mixed-oxide fuel project at the Savannah River Site near Aiken would cost about $2 billion more than expected. 

That would put the total cost estimate for the MOX facility at around $7 billion.  

Energy Department officials did not immediately comment on the report. 

The facility is being built at a former nuclear bomb plant whose reactors have been shuttered for more than a decade. The MOX plant would be the first of its kind in the United States and is expected to be up and running in 2016. 

 

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