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Ronald B. Witzel
Ron Witzel is an independent consultant specializing in utility nuclear fuel procurement and uranium and enrichment marketing. He has over thirty years experience in the nuclear fuel industry and understands both the electric utility and fuel supplier perspective in the nuclear fuel cycle. He has also served as an expert witness, an independent arbitrator, and a uranium marketing agent.
Since March 1993, Mr. Witzel has been consulting for utilities and acting as marketing agent for uranium producers. After successfully operating as a sole proprietor for three years, Witzel Consulting, Inc. was incorporated in March, 1996.
Mr. Witzel currently provides ongoing procurement consultation to utility fuel managers on uranium and enrichment supply, as well as preparing reports for other consulting organizations.
During the 1993-96 period Mr. Witzel served as an expert witness on international uranium trading for a uranium producer involved in a protracted litigation, which was settled in favor of the uranium producer.
In 1995, he provided marketing consultation and facilitated the liquidation of a large uranium inventory held by a former U.S. uranium producer.
During 1996-97 Mr. Witzel acted as marketing agent for a U.S. company developing uranium production in Mongolia, resulting in the successful negotiation of long-term uranium supply contracts with U.S. utilities. Mr. Witzel is currently on the Board of Directors of a successor company developing the project in Mongolia.
Mr. Witzel is also a Principal in Longenecker & Associates of Del Mar, California, providing expertise in uranium enrichment marketing. In 1998, Mr. Witzel was part of a team seeking to acquire the U.S. enrichment enterprise through a merger or acquisition. The enterprise was subsequently sold through an IPO.
From 1990 through early 1993, Mr. Witzel was employed by NUEXCO Trading Corporation. Initially, his role was to manage NUEXCO's fuel cycle services projects. In August 1991, Mr. Witzel began spending about half of his time working with Global Nuclear Services and Supply (GNSS), NUEXCO's Russian joint venture located in Washington, D.C. In October 1991, Mr. Witzel visited the Urals ElectroChemical Enrichment Plant in Yetkateringburg escorting utility customers.
Prior to 1990, Mr. Witzel was employed by Pacific Gas and Electric (PG&E) for 23 years where his responsibilities included management of out-of-core nuclear fuel. As Director of Nuclear Fuel Management, Mr. Witzel had responsibility for numerous activities including supply/demand forecasting, fuel cost forecasting, contract negotiations, administration, fuel cost and lease accounting.
During his career at PG&E, Mr. Witzel was also involved in the negotiation of two separate nuclear fuel leases for the Diablo Canyon fuel with a line of credit totaling $450 million. His group had full responsibility for the administration and accounting for these financial instruments.
Mr. Witzel has delivered numerous papers at industry forums, frequently gave testimony before the California Public Utilities Commission, and early in his career participated in Congressional Subcommittee hearings on international uranium supply and demand. In addition, Mr. Witzel advised PG&E's Washington, D.C. representatives on pending legislation affecting nuclear fuel. In 1989, Mr. Witzel was elected Chairman of the Edison Electric Institute's Nuclear Fuel Committee.
Mr. Witzel received his Bachelor of Science degree in Business and Industrial Management in 1967 from San Jose State University and his Masters of Business Administration degree from Golden Gate University in 1971.
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