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In addition to Dr. Welsh, co-authors are Jeffry Siegel, PhD, president and CEO of Nuclear Physics Enterprises (first author); Charles Pennington of NAC International and Bill Sacks, MD, PhD, emeritus medical officer in the FDA Center for Devices and Radiological Health.
Norcross, Georgia-Successful completion of several important spent fuel storage and transportation projects and steady progress in licensing its promising new MAGNASTOR® technology have NAC International looking to the future with optimism, NAC Vice President Charles Pennington told a nuclear industry conference last week.
Speaking before the Spent Fuel Management Seminar in Washington, DC, sponsored by the Institute of Nuclear Materials Management, Pennington reviewed key developments in 2004, which included NAC's acquisition in November by USEC Inc. (NYSE: USU), the Bethesda, Maryland-based uranium enrichment firm. Key NAC achievements included: "NAC is pleased to have its proven spent fuel rail transport cask technology deployed in a transportation program such as the China project, which is remarkably similar to what will be required by the Department of Energy for moving U.S. spent fuel to Yucca Mountain," Pennington reported. Pennington also described NAC's new MAGNASTOR spent fuel technology, which is under review for certification by the U.S. Nuclear Regulatory Commission. The MAGNASTOR System offers key design improvements over existing technologies, such as increased fuel assembly storage capacities (37 for pressurized water reactors; 87 for boiling water reactors), capability to handle enrichment assays of up to 5%, and storage and transport of high burnup fuel with short cooling times. Certification is expected by 2006. "The new MAGNASTOR technology will accommodate the evolving needs of our utility customers," Pennington said. "We expect its expanded capacities, new design features, and optimized loading operations will increase productivity, improve costs and personnel exposures, and save time." Pennington added, "The MAGNASTOR System perfectly positions us for the anticipated expansion of nuclear power, and our recent acquisition by USEC sets the stage for our future growth."
Charles Pennington, Executive Level Consultant Charles Pennington currently serves as an executive level consultant for the spent fuel storage and transportation businesses at NAC. Previously he led NAC's Marketing and Business Development organization, as well as the Consulting and Engineering/Projects Design Services (EDS) business units. While leading EDS, he successfully directed R&D, design, licensing, and projects for major spent fuel storage and transport systems and technologies. For almost three decades, he has served in leadership positions within the spent fuel storage and transport industry in the United States. With 45 years of nuclear experience, he holds several patents for nuclear applications, has provided expert witness services in support of customers for a range of nuclear matters, and has published research in many journals on nuclear plant and spent fuel storage/transport system safety. He also provided key input at the request of the President's Blue Ribbon Commission on America's Nuclear Future during 2010 and 2011. Phone: +1-678-328-1229, Email: firstname.lastname@example.org
Norcross, Ga. - NAC International (NAC) today announced that Juan C. Subiry has been promoted to vice president, marketing and business development, replacing Charles W. Pennington, who has held the position for the last eight years.
"We are most pleased to have a succession plan where we are able to supplement and replace Charlie's experience with the background that Juan brings, which, importantly, has been substantially developed in-house," Cole added, Pennington has served at NAC since 1996 in senior positions, including senior vice president of consulting, senior vice president of engineering and product development, and vice president of marketing and business development. He will now assume a senior advisory capacity within NAC as he phases back his activities in anticipation of retirement. "Charlie will still be involved with NAC and its business units on a day-to-day basis as we move forward," said Cole.
Charles Pennington (NAC International)