WASHINGTON (AP) -- President Barack Obama is endorsing nuclear energy like never before, trying to win over Republicans and moderate Democrats on climate and energy legislation.
Obama reaffirmed his commitment to a bill in his State of the Union speech as a way to create more clean-energy jobs, but added that "means building a new generation of safe, clean nuclear power plants in this country."
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USU.nyse : USEC is a leading supplier of enriched uranium fuel for commercial uranium fuel for nuclear power plants worldwide. USEC operates the only uranium enrichment facility in the U.S. and supplies more than half of the U.S. market and about 30% of the world market. USEC also serves as an executive agent for the Megatons to Megawatts program, a nonproliferation agreement with Russia to convert nuclear weapons material into low enriched uranium. Over the past two years, USEC supplied 28% of the world’s enriched uranium needs, fueling more than 150 reactors on three continents. In the U.S., USEC had more than 50% of the market share.
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