Senate Resolution 108 Summary

• Urges the President to direct the U.S. Department of Energy to grant USEC, Inc. a federal loan guarantee for its American Centrifuge Plant uranium enrichment project in Piketon, Ohio

• Requests the DOE Secretary use the six-month review period for the loan application to allow USEC to meet technical and financial milestones and demonstrate commercial-scale deployment capability

• Warns that failure to grant the loan guarantee will force USEC to demobilize the project, resulting in job losses affecting nearly 2,000 current employees and contractors in Ohio and other states

• Urges the President to direct the DOE Secretary to provide federal funding assistance for the Southern Ohio Clean Energy Park Demonstration Project, which would evaluate Piketon as a location for a new nuclear power plant

• Requests transmission of the resolution to the President, DOE Secretary, Ohio Congressional delegation, Governor of Ohio, Pike County Commissioners, and Ohio news media