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Uranium prices reach highest level since February 2024
The end-of-January spot price for uranium was $94.28 per pound, according to uranium fuel provider Cameco. That was the highest spot price posted by the company since the $95.00 per pound it listed at the end of February 2024. Spot prices during 2025 ranged from a low of $64.23 per pound at the end of March to a high of $82.63 per pound at the end of September.
Tunc Aldemir
Nuclear Science and Engineering | Volume 155 | Number 3 | March 2007 | Pages 497-507
Technical Note | Mathematics and Computation, Supercomputing, Reactor Physics and Nuclear and Biological Applications | doi.org/10.13182/NSE07-A2680
Articles are hosted by Taylor and Francis Online.
Probabilistic dynamics (or continuous event tree approach) is a methodology used for the probabilistic risk assessment of systems where statistical dependence between failure events may arise because of indirect coupling through the controlled/monitored physical process and/or direct coupling through software/hardware/human intervention. Both the continuous and discrete time/space forms of the probabilistic dynamics frameworks assume that the set of possible trajectories describing the evolution of the system as a function of time in its state-space consists of measurable (and hence compact) subsets. Using a reduced-order boiling water reactor model, it is shown that this assumption may not be valid for systems of practical interest to nuclear engineering. The consequences of violating the measurability assumption on the probabilistic model accuracy are illustrated for the discrete time/state-space approach. Some guidelines for the choice of time/state discretization are also proposed.