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Ban on Russian uranium helps US build nuclear fuel capacity, official says

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The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost domestic capacity to process uranium fuel, the outgoing top nuclear energy official told Reuters.

WASH INGTON, May 3 - on Tuesday that bans the imports from Russia, the latest move by Wash ington to disrupt Putin's ability to pay for the full-scale invasion of Ukraine that began in 2022. The ban, which is expected to be signed by President Joe Biden, starts 90 days after enactment, although it allows the Department of Energy to issue waivers in case of supply concerns.

"The reality is this: over the last few years there has been a very real and present possibility that Russia could stop abruptly sending enriched uranium to the United States." "A paired structure in which we invest in new conversion and enrichment capacity and then protect those investments with some import restrictions is what's required," to cut dependence on Russia, said Huff, who will return to university teaching and nuclear research.

Source: Energy Industry News (energyindustrynews.net)

REPI:GRID-INFRASTRUCTURE RULES:RUSSIA REPI:NUCLEAR CLJ COM DIP ENR GEN LAW METL MINMTL NRG NUCPWR POL PWR PWRGEN SEN TRD URAN WASH CEEU AMERS US EUROP UA RU NASIA NAMER EMEA ASXPAC CISC EMRG ASIA NUC TOPNWS ENERGY PACKAGE:US-TOP-NEWS LEGAL REUTERS-LEGAL

 

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