House panel cuts funding for GNEP

Washington (Platts)--11May2006

DOE's Global Nuclear Energy Partnership (GNEP) program would receive a deep
budget cut under a fiscal 2007 funding bill that a House Appropriations
subcommittee approved today. DOE had requested $250 million to launch GNEP in
FY-07, which begins October 1. Subcommittee members, however, allocated a
little more than half of that -- $150 million -- for the fuel-cycle
initiative, using the balance to restore funding to such energy efforts as
assistance to university nuclear engineering programs and to programs to
assist with the cost of weatherizing homes. Representative David Hobson,
(Republican-Ohio) who chairs the Appropriations subcommittee that controls DOE
spending, said that while he supports plans to recycle power reactor spent
fuel, he has "serious policy, technical, and financial reservations about the
GNEP proposal."

 

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