WASHINGTON, D.C. Today the Nuclear Innovation Alliance (NIA) released a new report, “Catalyzing a Domestic Commercial Market for High-Assay, Low-Enriched Uranium (HALEU).” This new publication describes the challenges and opportunities associated with development of a domestic commercial HALEU market and identifies potential policy options that can be used to catalyze market development. It presents the changing near-term, mid-term, and long- term supply and demand conditions that must be included when developing federal programs to accelerate commercial market development.
NIA Executive Director Judi Greenwald provided the following statement on the relevance of this work to ongoing efforts to create a reliable and robust fuel cycle for advanced reactors:
“A robust commercial market for High-Assay, Low-Enriched Uranium (HALEU) is critical to the successful deployment of advanced nuclear energy. A domestic supply of HALEU would help ensure fuel availability for advanced reactors and facilitate long-term investments in advanced nuclear energy. This report outlines the challenges and opportunities inherent in jumpstarting a domestic supply of fuel critical to the future of advanced reactors in the U.S.”
“Federal investment in HALEU fuel availability can kickstart market development and incentivize companies to make fuel cycle infrastructure investments to support the more rapid deployment of advanced nuclear energy. This work outlines the different policy options that can be used to meet the needs of HALEU fuel cycle stakeholders while providing the assurances needed to support the successful deployment of advanced reactors as a climate solution. We believe that these options can inform policymakers and the Department of Energy as they work to develop HALEU fuel availability programs.”
To read the report, visit the NIA website here: Catalyzing a Domestic Commercial Market for High-Assay, Low-Enriched Uranium (HALEU)
About NIA
The Nuclear Innovation Alliance (NIA) is a non-profit think-and-do-tank working to enable nuclear power as a global solution to mitigate climate change. Through policy analysis, research, and education, we are catalyzing the next era of nuclear energy. Our organization is funded primarily through charitable grants and philanthropic donations from climate-concerned individuals and organizations.