Visual Capitalist graphic reveals the reliance of US nuclear power on foreign enriched uranium, particularly from Russia. The US imports 71.7% of its enriched uranium, and Russia is the largest single supplier at 27.2%. Russia recently temporarily restricted exports to the US in response to a US ban on Russian uranium imports.
Nuclear power accounts for 19% of electricity generation in the U.S. This graphic, via Visual Capitalist's Bruno Venditti, illustrates the top sources of enriched uranium for U.S. civilian nuclear power reactors in 2023, based on data from the U.S. Energy Information Administration. The calculation is based in Separative Work Unit SWU, a unit that defines the effort required in the uranium enrichment process. U.S.
Suppliers of Enriched Uranium Uranium production in the United States peaked in 1980, while purchases of uranium by U.S. nuclear power plant operators from domestic suppliers peaked in 1981. Since 1992, the majority of uranium purchased by U.S. nuclear power plant operators has been imported. Currently, the U.S. relies on foreign sources for 71.7% of its enriched uranium, despite possessing domestic resources. Russia supplies 27.2% of enrichment services, making it the largest single foreign provider for U.S. civilian nuclear power reactors. After Russia, 12% of enriched uranium comes from France, 8% from the Netherlands, and 7% from the United Kingdom. Russia Temporarily Limits Exports In November 2024, Russia temporarily restricted enriched uranium exports to the U.S., raising concerns about potential supply risks for utilities operating American reactors. These restrictions were in response to Washington's recent ban on imports of Russian uranium, which was signed into law earlier this year. In addition to the U.S., Russia is a major exporter of enriched uranium to countries including China, South Korea, and France
NUCLEAR POWER URANIUM RUSSIA ENERGY SECURITY INTERNATIONAL TRADE
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The coming divergence of copper and uraniumGoehring & Rozencwajg (G&R) research paper titled “Copper and uranium: the coming divergence”
Read more »
Iran's Uranium Enrichment Surge Sparks International ConcernThe International Atomic Energy Agency IAEA warns that Iran is planning to significantly increase its production of highly enriched uranium, raising concerns about the country's nuclear ambitions.
Read more »
Gold, lithium and uranium dominate shrinking exploration sector: BDOWave of consolidation tipped as equity drought starts to show in junior space
Read more »
Big uranium reserve jump at Aura's long-awaited Tiris projectHunt for financing continues
Read more »
Deep Yellow Delays Tumas Uranium Project Investment DecisionDeep Yellow has postponed its final investment decision for the Tumas uranium project in Namibia to March 2024 due to delays in cost estimates and a weak uranium price environment. Despite the delay, the company anticipates starting production by late 2026.
Read more »
Peninsula restarts uranium production in the USPeninsula Energy restarted uranium operations at its Lance project in Wyoming, US, after a five-year break, making it the latest in a line of miners that yank their North American uranium projects out of the mothballs. 'Peninsula is now North America's newest fully independent uranium producer,' chief executive Wayne Heili said.
Read more »