The International Atomic Energy Agency has reported that Ukraine’s operating nuclear power plants reduced electricity production yesterday morning as a precautionary measure following widespread military activities across the country that reportedly targeted its energy infrastructure.

Uranium prices have fallen to their lowest level in more than a month, to just under $79 per pound, on Friday, November 1, according to analyst website Trading Economics. The lower prices, according to the site, are related to recent evidence of increased supply. This contrasts with the longer-term expectations of bullish demand and higher prices.

Uranium prices reached $81.9 per pound on October 1, the highest level in more than a month, according to online information source Trading Economics. The company reported that the last time prices were this high was on August 23, when they passed $82 per pound. Since the beginning of 2024, uranium prices have seen a decrease in price of about $9.10 per pound, or about 10 percent. Those statistics are based on trading on a contract for difference (CFD) that tracks the benchmark market.

Kasparov

More than 80 percent of the territory that has been surveyed around the Chernobyl nuclear power plant “can be returned to agricultural production,” said Valery Kashparov, director of the Ukrainian Institute of Agricultural Radiology (UIAR) of the National University of Life and Environmental Sciences of Ukraine.

Kashparov’s team of researchers reported in a recent article in New Scientist the results of its radiation surveys of areas around the site of the 1986 nuclear power plant accident. The group concluded that radiation measurements on much of the land are now below levels regarded as unsafe by Ukrainian regulators.

Decades of research: Kashparov, who has been with the UIAR since 1998, has spent the past 37 years conducting research related to Chernobyl, focusing on the physical-chemical and nuclear-physical properties of radioactive fallout in the area.

The U.S. Attorney’s Office in Massachusetts announced criminal charges this week against two men for allegedly smuggling and conspiring to violate export controls relating to the sale of laser equipment to the Russian nuclear industry.

The military conflict with Russia that began in February 2022 has left Ukraine with “dangerous instability” of its national grid, according to the International Atomic Energy Agency’s director general Rafael Mariano Grossi.

Following a meeting in Kyiv with Ukrainian president Volodymyr Zelenskyy on September 3, Grossi promised to take a more proactive stance in protecting the country’s energy infrastructure—especially where nuclear safety is vulnerable. During recent months there have been numerous missile and drone attacks, with some directly causing the disconnection of several nuclear power plants.

Thick, black smoke pouring from one of the cooling towers at Ukraine’s Zaporizhzhia nuclear power plant over the weekend raised alarm about safety at the facility as the military conflict with Russia continues.

On-site staff from the International Atomic Energy Agency witnessed the smoke and reported hearing multiple explosions at Zaporizhzhia, which is the largest nuclear plant in Europe and one of the largest worldwide.

The water level in Ukraine’s Zaporizhzhia nuclear power plant cooling pond continues to decrease, creating a serious safety threat.

“If this trend continues, ZNPP staff confirmed that it will soon become challenging to pump water from the pond. Maintaining the level of the pond is made more difficult by the hot summer weather,” said Rafael Mariano Grossi, director general of the International Atomic Energy Agency, in an update issued August 2.

Security watchdogs with the International Atomic Energy Association are reporting continuing issues at Ukraine’s Zaporizhzhia nuclear plant due to the military invasion from Russia.

IAEA director general Rafael Mariano Grossi said in his weekly briefing on Ukraine that Zaporizhzhia nuclear power plant staff experienced another power outage in the nearby city of Enerhodar—where most of the workers live—and a shortage of tap water that has also affected the plant.

Turkey may be closer to moving ahead in a partnership with Russia for its second nuclear plant, Sinop, a proposed four-reactor facility on the Black Sea coast.

While commissioning began earlier this year at Turkey’s first nuclear plant, new reports say the project is delayed by sanctions against Russia due to its military invasion of Ukraine.

An external radiation monitoring station was taken out by shelling and fire near the Zaporizhzhia nuclear plant in Ukraine the last week of June.

This brings the total to four of the plant’s 14 radiation monitoring sites that are out of commission, further reducing the effectiveness of its off-site capability to detect and measure any radioactive release during an emergency, said IAEA director general Rafael Mariano Grossi.

The Department of Energy released an anticipated request for proposals on June 27 for low-enriched uranium enrichment. “Today’s action will help spur the safe and responsible build-out of uranium enrichment capacity in the United States, promote diversity in the market, and provide a reliable supply of commercial nuclear fuel to support the energy security and resilience of the American people and domestic industries, free from Russian influence,” the DOE declared.

An official from Russia’s state-owned nuclear power company Rosatom said this week that there are no current plans to reopen the Zaporizhzhia nuclear power plant in Ukraine.

Utilities need to know months ahead of a scheduled refueling outage that fresh fuel will be on-site and ready to load. Now that the Prohibiting Russian Uranium Imports Act has been signed into law, U.S. utilities with plans to use Russian-origin low-enriched uranium also need to know if they can secure a waiver for imports through December 31, 2027—subject to specific annual limits—if “no alternative viable source of [LEU] is available to sustain the continued operation of a nuclear reactor or a United States nuclear energy company” or if LEU imports from Russia are “in the national interest.”

Ukraine’s Zaporizhzhia nuclear power plant temporarily lost the connection to its sole remaining 750 kilovolt (kV) off-site power line last week due to a reported short circuit, leaving it reliant on a single backup line for more than three hours.

On May 13, President Biden signed the Prohibiting Russian Uranium Imports Act, unlocking the $2.72 billion that Congress conditionally appropriated in March to increase production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU).

The U.K. government this week announced a $245 million (£196 million) award to help Urenco build Europe’s first advanced reactor fuel manufacturing plant, which will be located in northwest England at the company’s Capenhurst site. Urenco, which is part-owned by the U.K. government, will cofund the project.

The Group of Seven (G7) recommitted its support for nuclear energy in the countries that opt to use it at a Ministerial Meeting on Climate in Italy last month.

In a statement following the April meeting, the group committed to support multilateral efforts to strengthen the resilience of nuclear supply chains, referencing the goal set by 25 countries during last year’s COP28 climate conference in Dubai to triple global nuclear generating capacity by 2050.

Ken Petersen
president@ans.org

With all that is happening in the industry these days, the nuclear fuel supply chain is still a hot topic. The Russian assault in Ukraine continues to upend the “where” and “how” of attaining nuclear fuel—and it has also motivated U.S. legislators to act.

Two years into the Russian war with Ukraine, things are different. The Inflation Reduction Act was passed in 2022, authorizing $700 million in funding to support production of high-­assay low-enriched uranium in the United States. Meanwhile, the Department of Energy this January issued a $500 million request for proposals to stimulate new HALEU production. The Emergency National Security Supplemental Appropriations Act of 2024 includes $2.7 billion in funding for new uranium enrichment production. This funding was diverted from the Civil Nuclear Credits program and will only be released if there is a ban on importing Russian uranium into the United States—which could happen by the time this column is published, as legislation that bans Russian uranium has passed the House as of this writing and is headed for the Senate. Also being considered is legislation that would sanction Russian uranium. Alternatively, the Biden-Harris administration may choose to ban Russian uranium without legislation in order to obtain access to the $2.7 billion in funding.