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US Nuclear Plants Face Widening Uranium-Supply Gap, EIA Warns

From leaderpost.com

US nuclear utilities face possible uranium shortages over the next decade, the Energy Information Administration warned, underscoring supply chain challenges in the world’s biggest atomic-power market. Utilities signed fewer contracts for delivery last year as uranium prices surged, a report by the US agency said. High costs are pushing them to delay decisions to cover future fuel requirements, even though less than a tenth of the uranium delivered to US reactors is typically bought on spot markets. The uranium supply gap is expected to widen over the next decade to a combined 184 million pounds — equivalent to more ... (full story)

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