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US Nuclear Plants Face Widening Uranium-Supply Gap, EIA Warns
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 ... (full story)