AmazonOvarian Googley Metha They are some heavyweights that support more production Atomic power. Apart from the latest conference, technology companies signed the commitment to support the Mummy of the World Nuclear Power by 2050. The report follows a similar announcement by big banks and politicians in COP 28 last September.
A total of 31 countries have signed up for the promise of triplets to triple nuclear power by 2050 with 140 nuclear power companies. According to the World Nuclear Power Association (WNA), Currently the world’s electricity is about 9% of nuclear power440 is exploited by power furnaces.
Cash price Uranium This has increased in the last five years, which is linked to geo -political tensions and predictions of high demand. One of the factors is the invasion of Ukraine by Russia and the subsequent sanctions imposed on Moscow.
Although Russia This is the main world supplier of natural uranium, the pressure on prices is attached to the country’s efficiency Enrich uranium. In most furnaces, the total product must be first monitored, before the fuel is used and concentrated.
According to the US government’s data, RussiaIt is about 44% of the uranium enrichment capacity of the global. As for the US need for enriched uranium, Russia represented 27% of this total (SWU) in 2023. If we seek data EuradomeRussia provided 37.9% of total enrichment tasks to provide public service companies Ue In the same year.
Options and doubts about the uranium dependent of Russia
As for this company of former US president Moscow Joe Biden He declared a law banning Uranium imports in Russia in mid -2012. The law allowed to pursue some exports until the end of 2027, although Russia opposed its own actions, and temporarily banned this exports to the United States.
“The US and Europe can introduce new alternatives very quickly, but the enrichment can be very difficult,” said Benjamin Gotvin, president of Prism Analysis.
“The contradiction in the formation of policies in the United States and the European Union is difficult for companies to engage in this type of capital intensive projects, but when the Trump administration is accompanied by it, there is hope that the industry is getting a clear signal in this regard,” he said.
One ComplicationsAccording to experts, both central operators and fuel suppliers are suspected of engaging in future projects. Makers Atomic power If they do not know that uranium processing facilities will be built, they do not want to sign long -term distribution contracts. On the other hand, hesitated to expand if there are no processors Contracts Buyers.
“The three levels of the change, enrichment and distrust of services can be affected by the demand for the next decade,” explains the EuroNius’ Craig Stoovery.
“The largest limit in enrichment services is due to the high capacity installation period. According to WNA development predictions, The need for enrichment is more than the offer for the current rhythm in 2035“He explained.
Natural uranium supply
As far as natural uranium is concerned, major American suppliers are Canada, Australia and Kazakhstan. In 2023, Canada offered 27% of the US yellow cake purchases, and Australia and Kazakhstan paid 22% each. According to the US State Energy Information (EIIA), the material of Russian origin refers to 12% of the total distributions of Russian origin. Only 5% came from the United States.
According to Euradome, The The European Union’s main natural uranium suppliers In 2023, Canada (32.94%), Russia (23.45%) and Kazakhstan (21.00%). The national supply was 0%.
Uranium Analyst and Nuclear Fuel Jamie Fairzild explains the nuclear fuel, ‘euronevs’ “There are widespread uranium (natural) suppliers in countries around the world”This means that this source is not in danger.
“We believe Increase in the price of uraniumWith the growing need, new studies and improvements will be stimulated in extracting and processing activities that guarantee adequate supply in the coming decades, ”he said.
AdvertisementAfter Fukushima disaster In 2011, when a nuclear power plant in Japan was flooded in a tsunami, the public confiscated public opinion for the protection of uranium prices. In recent years, costs have risen as countries are trying to take part in fossil fuels. Value of companies that extract, refine, produce and grinding companies that extract uranium and uranium -related products Has increased more than 500% In the last five years.
The development of artificial intelligence also contributes to “nuclear reincarnation”, and large technologies invest money in power plants, feeding more energy to data centers. Although some analysts have suggested that the arrival of Deepseek’s model may cool this request, Jamie Fercel is predicted otherwise.
“Despite the many possibilities that improvements can make AI more efficient, the cases of using artificial intelligence are very universal and there will be some aspects of the world economy that is not affected by this technology,” he said.
Uranium’s US imports fees
Although the enrichment services are somewhat limited, Henry Preston, the leader of the World Nuclear Power Association, said that the Euronevas would be more less than other energy sources, as nuclear power would be less than other energy sources. “Uranium for nuclear fuel lasts two years,” Preston explained, “Then you can take a two -year fuel on the site before refueling.”
AdvertisementThe existence guarantees that these very long deadlines, in the event of a distribution crisis, will not immediately translate the effects of energy prices. Even so, an uncertainty business environment can affect long -term purchases, which is clear in the case of the current Fare war US President Trump, who plans to impose a fee 10% for Energy Import from CanadaA move to intimidate American nuclear companies.
“10% of the proposed fees from such an important distribution source like Canada will increase the price of uranium 10% efficiently, because if you think about it, the US domestic demand is unstable for contract constituencies,” Gamko’s financial director, Gamko, one of the largest world manufacturers in Saskatoon (Canada), said.
Uranium suppliers such as Camco, according to the previous business agreement, would have absorbed additional costs attached Trump chargesInstead of transferring them to US public service companies. This changed in 2018 due to adjustment in the North American Independent Trade Agreement, which means the United States is now accepting the plot.
“Western integrated answers are needed to break the dependence of Russia and other government agencies,” said Camco’s spokesman at the end of last year, when the first payment threats were spread. “Russia’s announcement (to prevent exports to the US) illustrates what we have said for a long time.
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