The busyness of the nuclear fuel supply chain

May 7, 2024, 3:00PMNuclear NewsKen Petersen

Ken Petersen
president@ans.org

With all that is happening in the industry these days, the nuclear fuel supply chain is still a hot topic. The Russian assault in Ukraine continues to upend the “where” and “how” of attaining nuclear fuel—and it has also motivated U.S. legislators to act.

Two years into the Russian war with Ukraine, things are different. The Inflation Reduction Act was passed in 2022, authorizing $700 million in funding to support production of high-­assay low-enriched uranium in the United States. Meanwhile, the Department of Energy this January issued a $500 million request for proposals to stimulate new HALEU production. The Emergency National Security Supplemental Appropriations Act of 2024 includes $2.7 billion in funding for new uranium enrichment production. This funding was diverted from the Civil Nuclear Credits program and will only be released if there is a ban on importing Russian uranium into the United States—which could happen by the time this column is published, as legislation that bans Russian uranium has passed the House as of this writing and is headed for the Senate. Also being considered is legislation that would sanction Russian uranium. Alternatively, the Biden-Harris administration may choose to ban Russian uranium without legislation in order to obtain access to the $2.7 billion in funding.

The Civil Nuclear Credit Program: An overview

June 2, 2023, 3:07PMNuclear NewsMichael McQueen

Officially established on November 15, 2021, with the signing of the $1.2 trillion Infrastructure Investment and Jobs Act—aka the Bipartisan Infrastructure Law, or BIL—the Department of Energy’s Civil Nuclear Credit Program was designed to give owners/operators of commercial U.S. reactors the opportunity to apply for certification and competitively bid on credits to help support the continued operation of economically troubled units. Finally, the federal government, and not just certain farsighted state governments, would recognize nuclear energy for its important grid reliability and decarbonization attributes.

Senate hearing focuses on securing the entire U.S. nuclear fuel cycle

March 14, 2023, 9:39AMEdited March 14, 2023, 9:38AMNuclear News
In this screenshot from a video recording of the hearing, Huff, Wagner, and Dominguez answer a series of questions from Sen. Manchin

“Right now, our country is deficient in nearly every aspect of the fuel cycle. This must change and it must change quickly,” said Sen. Joe Manchin (D., W.V.), chairman of the Senate Committee on Energy and Natural Resources (ENR), as he opened a Full Committee Hearing to Examine the Nuclear Fuel Cycle on March 9. “Whether it is uranium mining, milling, conversion, enrichment, nuclear fuel fabrication, power generation, or nuclear waste storage and disposal, there is much work to be done, starting with conversion and enrichment. Simply put, Russia dominates the global market, representing nearly half of the international capacity for both processes.”