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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.
Gasper Zerovnik, Luka Snoj, Matjaz Ravnik
Nuclear Science and Engineering | Volume 163 | Number 2 | October 2009 | Pages 183-190
Technical Paper | doi.org/10.13182/NSE163-183
Articles are hosted by Taylor and Francis Online.
We demonstrated the use of combinatorial methods to optimize the filling of spent nuclear fuel (SNF) in metal canisters for final deep SNF repository, according to the maximal allowed thermal power per canister Pmax and the limit of n = 4 spent-fuel assemblies per canister. As a next step, the deposition time can be optimized by minimizing the required number of canisters M and the interim storage time. The method has been tested in detail for a typical pressurized water reactor (PWR), nuclear power plant (NPP) Krsko, SNF for different numbers of reactor cycles and different Pmax. The results show that the time interval between the last reactor cycle and the optimal deposition time varies between 3 and 30 yr for a typical PWR. The most significant contribution to the uncertainty of the calculated SNF decay heat (thermal power) is due to inaccurate cross sections taken from generic cross-section libraries. The quality of the results was verified by comparing the calculated M to the theoretical lower boundary Mmin. The idea behind the optimization method is universal and thus can be implemented for any SNF, canister, and repository design.