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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.
Akio Yamamoto, Kuniharu Kinoshita, Tomoaki Watanabe, Tomohiro Endo, Yasuhiro Kodama, Yasunori Ohoka, Tadashi Ushio, Hiroaki Nagano
Nuclear Science and Engineering | Volume 181 | Number 2 | October 2015 | Pages 160-174
Technical Paper | doi.org/10.13182/NSE14-152
Articles are hosted by Taylor and Francis Online.
Uncertainties of various neutronics characteristics in commercial boiling water reactor (BWR) and pressurized water reactor (PWR) cores due to cross-section covariance are evaluated by the Latin Hypercube Sampling (LHS) method, which is an efficient random sampling algorithm. Thermal-hydraulic feedback and burnup effects are fully and explicitly taken into account using a licensing-grade core simulator. Uncertainties for various core characteristics are evaluated by the statistical processing of core calculation results based on the LHS method. The calculation results indicate that uncertainty of critical eigenvalue (i.e., core reactivity) in the BWR core is comparable to that of a typical PWR core. On the other hand, uncertainties of assembly relative power distribution and maximum assembly burnup in the present BWR core are much smaller than those of the present PWR core. The strong thermal-hydraulic feedback effect in the BWR core significantly contributes to the difference of uncertainties in BWR and PWR cores.