These are funds that the Department of Energy has retained for purposes of terminating AVLIS--the atomic vapor laser isotope separation program--if the United States Enrichment Corporation decides not to build a commercial AVLIS plant. Under the Energy Policy Act of 1992, the decision on whether to build a commercial AVLIS plant or not rests with the Enrichment Corporation. The Corporation plans to make that decision in April. The Energy Policy Act also transferred certain funds from the Department of Energy to the Corporation effective last July. The Department and the Corporation agreed, however, for the Department to retain $42 million of the Corporation's funds to pay any AVLIS termination expenses incurred by the Department.
John Johnston: “These are funds that the Department of Energy has retained for purposes of terminating AVLIS--the atomic vapor laser…”
Editor's note · Context
Johnston discusses funding related to the AVLIS program and the decision-making authority of the United States Enrichment Corporation.
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