How Russia's nuclear power dominance can be cut out of supply chains

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Assuming it can.

In 2021, there were 439 nuclear reactors in service worldwide, and 38 of them were in Russia. Additionally, 42 were built utilizing Russian nuclear reactor technology, and 15 more were under development by Russian technology at the end of 2021. Therefore, considering the fact that Russia is a dominant player, reducing the dependence on Russian energy may be more challenging than thought.

Russia also has a significant role in converting and enriching uranium since it cannot go directly from a mine into a nuclear reactor. According to the report, Russia owned 40 percent of the world's total uranium conversion infrastructure in 2020 and 46 percent of uranium enrichment capacity in 2018. Therefore, reducing dependence on Russia requires Western countries to realign their supply chain.

Additionally, in terms of uranium conversion and enrichment, Canada, France, Germany, the Netherlands, the United Kingdom, and the United States are juxtaposed as the countries that have capabilities."More investment in mining, conversion, and enrichment facilities may be necessary to fully extricate Western nuclear fuel chains from Russian involvement.

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