How Much Does the U.S. Depend on Russian Uranium? | tkshopssm.com

[ccpw id="5"]

HomeEnergyHow Much Does the U.S. Depend on Russian Uranium?

How Much Does the U.S. Depend on Russian Uranium?

-

How Much Does the U.S. Depend on Russian Uranium?

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email.

The U.S. House of Representatives recently passed a ban on imports of Russian uranium. The bill must pass the Senate before becoming law.

In this graphic, we visualize how much the U.S. relies on Russian uranium, based on data from the United States Energy Information Administration (EIA).

U.S. Suppliers of Enriched Uranium

After Russia invaded Ukraine, the U.S. imposed sanctions on Russian-produced oil and gas—yet Russian-enriched uranium is still being imported.

Currently, Russia is the largest foreign supplier of nuclear power fuel to the United States. In 2022, Russia supplied almost a quarter of the enriched uranium used to fuel America’s fleet of more than 90 commercial reactors.

Country of enrichment serviceSWU%
🇺🇸 United States3,87627.34%
🇷🇺 Russia3,40924.04%
🇩🇪 Germany1,76312.40%
🇬🇧 United Kingdom1,59311.23%
🇳🇱 Netherlands1,3039.20%
Other2,23215.79%
Total14,176100%

SWU stands for “Separative Work Unit” in the uranium industry. It is a measure of the amount of work required to separate isotopes of uranium during the enrichment process. Source: U.S. Energy Information Administration

Most of the remaining uranium is imported from European countries, while another portion is produced by a British-Dutch-German consortium operating in the United States called Urenco.

Similarly, nearly a dozen countries around the world depend on Russia for more than half of their enriched uranium—and many of them are NATO-allied members and allies of Ukraine.

In 2023 alone, the U.S. nuclear industry paid over $800 million to Russia’s state-owned nuclear energy corporation, Rosatom, and its fuel subsidiaries.

It is important to note that 19% of electricity in the U.S. is powered by nuclear plants.

The dependency on Russian fuels dates back to the 1990s when the United States turned away from its own enrichment capabilities in favor of using down-blended stocks of Soviet-era weapons-grade uranium.

As part of the new uranium-ban bill, the Biden administration plans to allocate $2.2 billion for the expansion of uranium enrichment facilities in the United States.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Where are the World’s Largest Solar Power Plants?

Visualizing the World’s Largest Solar Power Plants Devastating wildfires, rising temperatures, and warming seas across the world have added renewed vigor to the global quest for...

Visualized: Global Clean Energy Spending Forecasts (2022-2030)

Global Clean Energy Spending Forecasts (2022-2030) This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of...

The Periodic Table of Commodity Returns (2014-2023)

The Periodic Table of Commodity Returns (2014-2023) It was a challenging year for commodity returns in 2023. But there were a few exceptions. Gold was a standout...

Will Direct Lithium Extraction Disrupt the $90B Lithium Market?

Will Direct Lithium Extraction Disrupt the $90B Lithium Market? Current lithium extraction and refinement methods are outdated, often harmful to the environment, and ultimately inefficient. So...

Most Popular

spot_img