{"id":41723,"date":"2024-01-11T09:44:19","date_gmt":"2024-01-11T09:44:19","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=41723"},"modified":"2024-01-19T14:42:28","modified_gmt":"2024-01-19T14:42:28","slug":"us-to-boost-its-uranium-supply-for-advanced-nuclear-reactors","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/us-to-boost-its-uranium-supply-for-advanced-nuclear-reactors\/41723\/","title":{"rendered":"US to boost its uranium supply for advanced nuclear reactors"},"content":{"rendered":"

The US Government has announced its goals to bolster the country’s domestic uranium supply for developing advanced nuclear reactors.<\/h2>\n

In a decisive move to grow the US’ portfolio of advanced nuclear reactors, the Department of Energy (DOE) has just issued a request for proposals (RFP) for uranium enrichment services.<\/p>\n

This strategic initiative aims to establish a robust domestic supply of fuels using high-assay low-enriched uranium (HALEU)<\/a>, a vital component necessary for deploying advanced nuclear reactors.<\/p>\n

The overarching goal is to achieve President Biden’s vision of a net-zero emissions future by 2050 while simultaneously enhancing energy security, job creation, and US economic competitiveness.<\/p>\n

Advanced nuclear reactors: A clean energy powerhouse<\/h3>\n

Nuclear power stands as America’s largest source of clean energy, providing firm, reliable, and safe power.<\/p>\n

Advanced nuclear reactors utilising HALEU fuels represent a crucial technological leap, capable of significantly contributing to US emissions targets.<\/p>\n

Unlike the existing US reactor fleet, which relies on uranium fuel enriched up to 5% of uranium-235, most advanced reactors require HALEU enriched between 5% and 20%.<\/p>\n

This specific enrichment level enables smaller, more versatile designs with enhanced safety, security, and nonproliferation standards.<\/p>\n

HALEU also allows developers to optimise systems for longer life cores, increased efficiencies, and better fuel utilisation.<\/p>\n

Closing the HALEU cap<\/h3>\n

Currently, HALEU is not commercially available from US-based suppliers, creating a critical gap in the domestic supply chain.<\/p>\n

By boosting the availability of HALEU through this RFP, the DOE anticipates catalysing the development and deployment of advanced reactors within the US.<\/p>\n

The Inflation Reduction Act<\/a> is set to inject up to $500m into HALEU enrichment contracts selected through this RFP.<\/p>\n

This financial commitment, coupled with a separate RFP released in November for services to deconvert enriched uranium, underscores the administration’s dedication to fostering innovation and progress in the nuclear energy sector.<\/p>\n

Jennifer Granholm, the US Secretary of Energy, commented: “Nuclear energy currently provides almost half of the nation’s carbon-free power, and it will continue to play a significant part in transitioning to a clean energy future.<\/p>\n

\u201cPresident Biden’s Investing in America is strengthening our national and energy security through the domestic buildup of a robust HALEU supply chain, helping bring advanced nucelar reactors online in time to combat the climate crisis.”<\/p>\n

The DOE’s strategic approach<\/h3>\n

The DOE’s Office of Nuclear Energy plans to award one or more contracts to produce HALEU from domestic uranium enrichment capabilities.<\/p>\n

These contracts, with a maximum duration of ten years, ensure a minimum order value of $2m for each contractor.<\/p>\n

Enrichment and storage activities occurring within the continental US must adhere to the National Environmental Policy Act. The deadline for proposals is 8 March at 5 pm MST.<\/p>\n

In addition to the domestic efforts, the DOE is actively engaged in expanding the HALEU supply chain for advanced nuclear reactors.<\/p>\n

Initiatives include recycling spent nuclear fuel and collaborating with like-minded countries to bolster global uranium enrichment and conversion capacity.<\/p>\n

The collective commitment of the US, Canada, France, Japan, and the UK to mobilise $4.2bn further ensures the development of safe and secure nuclear energy supply chains.<\/p>\n","protected":false},"excerpt":{"rendered":"

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