GLE eyes earlier enrichment, inks agreements with two largest U.S. utilities

July 11, 2022, 9:30AMNuclear News

Global Laser Enrichment (GLE) signed separate, nonbinding letters of intent in June with the two largest nuclear power operators in the United States—Constellation and Duke Energy—to assess potential nuclear fuel supply chain cooperation, including support for GLE’s deployment of laser enrichment technology in the United States. According to GLE president and chief commercial officer James Dobchuk, who delivered a presentation on June 7 at the World Nuclear Fuel Market Annual Meeting, the company’s baseline deployment schedule could be accelerated by about three years (under favorable market conditions) to supply the nuclear fuel market with uranium in a range of enrichment levels in 2027.

The latest from WNA on fleet performance and fuel

September 8, 2021, 9:30AMNuclear News

Nuclear power plants around the world generated 2,553 TWh of electricity in 2020, a drop of 104 TWh from 2019’s total, according to World Nuclear Performance Report 2021. The report was released last week by the U.K.-based World Nuclear Association.

Nuclear generation declined in Africa, North America, and Western and Central Europe, rose in Asia (but by much less than in recent years), and remained largely unchanged in Eastern Europe, South America, and Russia, the 68-page report states.

Sama Bilbao y León, WNA director general, notes in the report’s preface that although the nearly 4 percent decline “would be an unequivocal disappointment” in any other year, “in 2020, with overall electricity demand falling by around 1 percent and nuclear reactors increasingly being called upon to provide load-following support to the increased share of variable renewable generation, the resilience and flexibility shown by the global nuclear fleet tell a very positive story.”