Urenco has been awarded £9.56 million in funding from the UK Government that will support the production of advanced fuels for the nuclear reactors of tomorrow. The company received the funding from The Nuclear Fuel Fund, as part of the British energy security strategy, which is supporting the nuclear fuel supply chain to develop new …
Next-gen nuclear plants could be critical to the energy transition, but first, they’ll need fuel. Centrus has overcome a key regulatory barrier to meeting that need. The U.S. government is committed to bringing an abundance of advanced nuclear reactors to market as part of its decarbonization strategy — but until now, there has been no domestic corporate supply of …
European Union countries are considering stricter limits on state aid for power plants in an upcoming revamp of Europe’s electricity market, after disagreements between Germany and France over the issue sunk a deal last week. EU energy ministers failed to agree the reforms last week, after countries including Germany, Austria and Luxembourg opposed plans to …
Framatome signed a collaboration agreement with EDF to test its enhanced accident tolerant fuel (EATF) technology in an operating nuclear power plant in France. As part of its PROtect EATF program, Framatome will manufacture and deliver four lead fuel assemblies (LFAs) that will be inserted in one of the EDF’s reactors in 2023. Supported by the …
French Foreign Minister Catherine Colonna heads to Mongolia on Wednesday aiming to push a potentially 1 billion euro uranium deal for nuclear group Orano that Paris hopes can be concluded in the autumn, French diplomatic sources said on Wednesday. President Emmanuel Macron stopped off in Ulaanbaatar in May on his return from a G7 summit …
S.N. Nuclearelectrica (SNN) and Korea Hydro & Nuclear Power (KHNP) signed on June 28th, 2023 a Memorandum of Understanding (MoU) for cooperation in the field of nuclear fuel as part of both parties’ strategy to further develop fuel processing and ensure the resilience of fuel production capabilities, for the long-term operation of current nuclear power …
American Centrifuge Operating (ACO), a subsidiary of Centrus Energy Corp, is moving closer to operating an advanced centrifuge cascade in Piketon, OH to produce the nation’s first amount of high-assay low-enriched uranium (HALEU)—a crucial material needed to develop and deploy advanced reactors in the United States. The U.S. Nuclear Regulatory Commission (NRC) recently cleared the facility to start …
US nuclear plant owners and operators purchased less uranium in 2022 than in 2021, and at a higher price, according to the US Energy Information Administration’s (EIA) latest annual uranium marketing report. Most of the uranium delivered in 2022 was of foreign origin, with Canada and Kazakhstan together providing more than half the total. The …
The US nuclear fuel and services company Centrus has completed its operational readiness reviews and received regulatory approval to possess uranium at its Piketon, Ohio site and introduce uranium into the cascade of centrifuges it has constructed there. The company said it remains on track to begin production of high-assay low-enriched uranium (HALEU) at the plant …
Kazakhstan is the largest producer and exporter of uranium globally, mining and exporting more than 40 percent of the world’s supply. Up to now, it has been the major supplier for Russia and before that the Soviet Union. But today, other countries are becoming involved, including Western countries such as the United States, which wants …