Centrus says Russia canceled TENEX’s licence to export low-enriched uranium to US
Russia, the world's largest supplier of enriched uranium, said last week it had imposed temporary restrictions on the fuel's export to the US.
There’s been talk about a coming potential uranium bull market for awhile now, but here is a different look at the nuclear picture. The above visualization shows every nuclear reactor in the world by country and breaks down their timeline including construction, commercial power generation, and decommissioning. In addition, planned reactors for the future are also shown for each country.
This data visualization makes it clear where the future of nuclear is. Former nuclear stalwarts such as France, Germany, and the UK all have aging reactors with no new plants planned. Meanwhile, China and Russia do not seem to be afraid of leaning heavily on nuclear energy in the near future. In China alone, 28 or 49 reactors are under construction and there are an additional 35 planned for the future. This is despite nuclear only accounting for 2% of Chinese energy supply in 2012.
Also of note is Japan, which once relied on 29% of its energy coming from nuclear before the Fukushima accident in 2011. In recent years, Japan has cut nuclear out of their grid, although some reactors are still technically operational. To make up the difference, they have imported more natural gas and oil.
Original graphic from: Popular Science
Comments
george
Pls.note that Uranium Price is exploding. 19% increase within two months.Are we at the beginning of new Price records?Funny, the shares do not move at all.Is somebody missing the train here?r