Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (49234)	5/30/2001 2:22:35 PM
From: SirRealist	Respond to of 49816

Here's the Bush legacy: DOE Pledges Up To $21 Million Over 3 Years For Nuclear R&D NEW YORK -(Dow Jones)- U.S. Energy Secretary Spencer Abraham announced Wednesday funding for more than 30 new projects, seeking to advance nuclear technologies in energy, medicine and radioactive waste disposal, that could total more than $21 million over the next three years. The funding includes up to $16.6 million for 13 projects researching advanced nuclear technology under the agency's Nuclear Energy Research Initiative, and up to $5 million for 19 projects at more than a dozen universities, under Nuclear Engineering Education Research initiative. The funding comes amid concerns that nuclear research at U.S. universities is suffering from dwindling resources as students seek careers in industries with brighter futures. A shortage of nuclear engineers could put a damper on the much-touted revival of nuclear power. "These programs support the goal of making nuclear power a key element of our nation's energy policy," said Abraham. "They are an investment in our energy future and in educating and preparing the next generation of nuclear engineers and scientists for tomorrow's energy, medical, and environmental challenges." NERI projects that will receive funding include research into advanced nuclear energy systems, proliferation-resistant nuclear reactor and fuel systems and high performance fuels. In the first year, the NERI projects will receive between $200,000 and $900, 000, the agency said. The NEER projects include the development of radioactive stents for use following angioplasty, and on-line monitoring and diagnostics for nuclear plant equipment. The awards range from $60,000 to $160,000 in the first year. In addition to the new funding to NERI projects there are 54 projects underway; two NERI projects have been completed, the agency said: modular construction techniques for nuclear plants and development of temperature resistant fuel cladding. The 2001 budget appropriation for nuclear energy totals $227 million, of which NERI's share is $34.9 million. The agency has ear-marked $12 million for University Research Support. -By Jennifer Morrow; Dow Jones Newswires;201-938-4377; jennifer.morrow@dowjones.com