DOE Invests $2.7 Billion to Boost U.S. Nuclear Fuel Supply Chain

The U.S. Department of Energy (DOE) has formally initiated a request for proposals (RFP) aimed at procuring low-enriched uranium (LEU) from domestic sources.

This strategic move is designed to catalyze the safe and responsible expansion of uranium enrichment capabilities within the United States.

By diversifying the market and establishing a dependable supply of commercial nuclear fuel, the DOE seeks to bolster the energy security and resilience of both the American populace and domestic industries. This initiative aims to mitigate the influence of external suppliers, such as Russia.

Secretary of Energy Jennifer M. Granholm highlighted the substantial backing for this RFP, with $2.7 billion allocated from the President’s Investing in America agenda. This significant investment underscores the administration’s commitment to revitalizing the domestic nuclear industry.

Granholm emphasized the crucial role of jumpstarting uranium enrichment capacity within the United States. This endeavor is deemed vital for enhancing national security and fostering the growth of the domestic nuclear sector.

Assistant to the President and National Climate Advisor Ali Zaidi underscored the importance of strengthening the domestic nuclear fuel supply chain. This strategic move is seen as integral to the nation’s transition away from fossil fuels and foreign energy dependencies, towards a cleaner and more self-sufficient energy system.

Through this RFP, the DOE aims to acquire LEU generated from newly established or expanded domestic uranium enrichment facilities. This approach seeks to empower domestic producers and ensure a reliable supply of fuel for U.S. reactors, thereby promoting clean energy generation and reducing reliance on imports.

The DOE intends to award two or more contracts, each spanning up to 10 years, to successful bidders. This long-term commitment aims to foster sustainable growth within the domestic nuclear fuel sector. Proposals are due by August 26, 2024.

For those interested in delving deeper into the DOE’s comprehensive efforts to bolster nuclear fuel supply chains and advance nuclear technologies, additional information can be found on their website.

The “Pathways to Advanced Nuclear Commercial Liftoff” report provides valuable insights into the research, development, demonstration, and deployment of technologies that are instrumental in achieving the nation’s ambitious goal of net-zero emissions by 2050.

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