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Uranium prices steady as EIA releases annual market report
The end-of-July spot price for uranium was $86.36 per pound, as reported by Cameco—roughly the same as it has been since February. Analytics firm Trading Economics reported a uranium futures price of $86.60 per pound, a figure that also has been holding steady since early April.
These updates come as the U.S. Energy Information Administration has released its 2025 Uranium Marketing Annual Report, which examines in detail multiple aspects of the U.S. uranium market. Data are derived from answers given in the Uranium Marketing Annual Survey, which collects information on contracts, deliveries (during the past year and projected for the next 10 years), purchased enrichment services, inventories, fuel assembly usage, and market requirements.
John Sheffield, William Brown, Gary Garrett, James Hilley, Dennis McCloud, Joan Ogden, Thomas Shields, Lester Waganer
Fusion Science and Technology | Volume 40 | Number 1 | July 2001 | Pages 1-36
Technical Paper | doi.org/10.13182/FST40-1-1
Articles are hosted by Taylor and Francis Online.
One option for making fusion power plants that could be competitive with other power plants operating during the 21st century is to make them large, e.g., 3 GW(electric) or more, to take advantage of the expected economies of scale. This study examines the effects on electrical utility system hardware, operations, and reliability of incorporating such large generating units. In addition, the study evaluates the use of the coproduction of hydrogen to reduce the grid-supplied electricity and offer the possibility for electrical load-following.The estimated additional cost of electricity (COE) for a large power plant is ~5 mills/kWh. The estimated total COE for 3- to 4-GW(electric) fusion power plants lies in the range of 37 to 60 mills/kWh.Future hydrogen costs from a variety of sources are estimated to lie in the range of 8 to 10 $/GJ, when allowance is made for some increase in natural gas price and for the possible need for greenhouse gas emission limitations.A number of combinations of fusion plant and electrolyzer were considered, including hot electrolyzers that use heat from the fusion plant. For the optimum cases, hydrogen produced from off-peak power from a 3- to 4-GW(electric) plant is estimated to have a competitive cost. Of particular interest, the cost would also be competitive if some hydrogen were produced during on-peak electricity cost periods. Thus, for a 4-GW(electric) plant, only up to 3 GW(electric) might be supplied to the grid, and load-following would be possible, which would be a benefit to the utility system.