Federal Register - August 2, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 145 / Monday, August 2, 2021 / Notices
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rTEXT REDACTEDl TEXT REDACTED Preserving ConverDyns conversion capacity is imperative to preserving the U.S.s entire nuclear fuel cycle capabilities, particularly as DOE looks to build a new
enrichment facility in the coming decades.
U.S. utilities will experience only marginal effects from the 25 percent U.S.-origin requirement. Due to reactor
retirements, overall uranium requirements are expected to decrease by approximately 6.9 percent over the next five years see Figure 74.
Figure 74. U.S. Utility Uranium Requirements, 2018; Projected 2019-2024
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Aggregate uranium requirements are expected to decrease by 3.6 million pounds U308 by 2024. This assumes 8 reactor closings and 2 new openings.
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Other potential reactor openings may ba possible if U.S.
Government loan guarantees, FERC action, and other initiatives are pursued.
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98 reactors
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Based on this projected level of consumption, the Departments
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modelling indicates that a 25 percent U.S.-origin requirement will increase
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aggregate utility fuel costs by $120.1
million, or 13.72 percent, between 2020
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Source: U.S. Department of Commerce, Bureau of Industry and Security, Nuclear Power Generator Survey, Q3B
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