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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.
Bingbing Ji, Zhiping Chen, Jia Liu, Liangzhi Cao, Zhuojie Sui, Hongchun Wu
Nuclear Science and Engineering | Volume 195 | Number 12 | December 2021 | Pages 1247-1264
Technical Paper | doi.org/10.1080/00295639.2021.1923338
Articles are hosted by Taylor and Francis Online.
Because of the complexity of the nuclear reactor system, traditional statistical sampling methods, such as random sampling and Latin hypercube sampling, often lead to unstable uncertainty quantification results of the reactor physics analysis. In order to make the analysis results robust, traditional sampling methods require a large number of samples, which brings a huge computation cost. For this reason, this paper proposes a new sampling scheme based on the moment matching method to generate efficient samples for the uncertainty quantification of reactor physics calculations. A linear programming model is established to minimize the deviations of the first- and second-order moments. The generated samples can better reflect the statistical characteristics of the real distribution than classical sampling methods. A series of numerical experiments is carried out to demonstrate the superiority of the proposed moment matching sampling method, which can quickly provide more reliable uncertainty quantification results with a small sample size.