Oak Ridge, Tennessee, set to become America’s nuclear powerhouse with a new $5.5 billion uranium enrichment facility.
At a Glance
- Orano USA selects Oak Ridge as the preferred site for a new centrifuge uranium enrichment facility
- The 750,000 square foot facility will create over 300 new jobs in Roane County
- Tennessee’s Nuclear Energy Fund and supportive ecosystem played a crucial role in attracting the investment
- Project aims to strengthen America’s energy independence and nuclear fuel supply
Oak Ridge: The Nuclear Hub of America
In a move that solidifies Tennessee’s position as the epicenter of nuclear innovation, Orano USA has chosen Oak Ridge as the preferred site for its new centrifuge uranium enrichment facility. This decision marks a significant step towards enhancing America’s energy independence and revitalizing the nation’s nuclear industry.
The facility, spanning approximately 750,000 square feet, represents a substantial $5.5 billion investment that will create over 300 new jobs in Roane County. This development is not just a win for Oak Ridge but a strategic move for the entire nation, as it addresses the critical need for a secure domestic nuclear fuel supply.
Oak Ridge preferred site for uranium enrichment facility https://t.co/vEuFvYfa5j
— John Solomon (@jsolomonReports) September 6, 2024
Tennessee’s Nuclear Ecosystem: A Game Changer
Tennessee Governor Bill Lee has been instrumental in positioning the state as the premier destination for nuclear energy investments. The creation of the Nuclear Energy Fund, a visionary initiative by the Lee administration and the Tennessee General Assembly, has played a pivotal role in attracting Orano and other nuclear projects to the state.
“Tennessee is the ‘number one state’ for nuclear energy companies to invest.” – Gov. Bill Lee
The state’s commitment to nuclear innovation is further evidenced by the additional $10 million appropriated in Tennessee’s FY 2024-2025 budget for the Nuclear Energy Fund. This forward-thinking approach has not only attracted Orano but has also positioned Tennessee as a leader in safe, clean, and reliable energy for the future.
Oak Ridge: A Legacy of Nuclear Excellence
Oak Ridge’s selection as the preferred site for this groundbreaking facility is no coincidence. The city’s rich nuclear history, dating back to the Manhattan Project, coupled with the presence of the Oak Ridge National Laboratory and a skilled workforce, makes it the ideal location for advancing nuclear technology.
“Orano’s decision to locate in Oak Ridge represents a historic milestone,” Roane County Executive Wade Creswell, said. “The first instance in global history where a community has transitioned from uranium enrichment during the Manhattan Project, through environmental cleanup and reindustrialization, back to enrichment.”
The partnership between Orano and Oak Ridge is not just about economic growth; it’s about securing America’s energy future. With the impending ban on Russian uranium after 2027, this facility will play a crucial role in ensuring a stable and secure domestic supply of enriched uranium for both energy and defense applications.
As we look to the future, it’s clear that Oak Ridge and Tennessee are leading the charge in America’s nuclear renaissance. This investment not only strengthens our energy independence but also reaffirms our commitment to clean, reliable power for generations to come.
