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Aalo-Urenco fuel deal

Low-enriched uranium is a must have for Aalo’s, ‘Aalo-X experimental reactor’. Commercially sourced nuclear fuel for a next generation power plant is not something a business in the West has done before.

One of the major fuel enrichment companies in the world, Urenco, operates plants in Europe (Germany, the Netherlands, and the UK), and the U.S. This deal allows Aalo to dodge supply slow down & demand and will help build pace. As an example, SMR developers are having to compete for DOE allocated HALEU (high-assay low-enriched uranium) due to limited domestic production.

Aalo has grand ambitions to build and “deploy hundreds of Aalo pods to power data centers with clean, reliable energy… This strategy lets us focus on scaling reactor manufacturing rather than diverting capital into complex, time-intensive fuel fabrication plants.”

Read more: https://www.aalo.com/post/fuel-duel-with-urenco

Picture: Aalo

YGN: The Global Nuclear Fuel Cycle

A 40-minute webinar session, followed by a short Q&A session.
Speaker: Jamie Fairchild, NEA Uranium and Nuclear Fuel Analyst.

Event time: 12:30-13:30

The Global Nuclear Fuel Cycle – Covering:

  • the processing of raw material into fuel
  • the global distribution of these resources and services
  • challenges associated with supporting the current reactor fleet
  • the future deployment of conventional large scale and small modular reactors

Speaker Bio

Jamie has more than 20 years of experience in the uranium exploration, mining, and nuclear energy sectors. Prior to joining the Agency, he was responsible for managing Canada’s uranium and nuclear fuel portfolio for Natural Resources Canada. During that time, Jamie led Canada’s multi-lateral nuclear fuel collaboration efforts and represented Canada as their delegate to the joint NEA/IAEA Uranium Group, including as Vice-Chair. Jamie has also served as Chair of the Bureau for the IAEA’s Convention on Supplementary Compensation for Nuclear Damage during which time he led efforts to operationalise the treaty.

https://nuclearinst.com/Events/ygn-the-global-nuclear-fuel-cycle-opportunities-and-challenges/16163?OccId=22078

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Sizewell C signs fuel contract with Urenco

Urenco has signed a multi-year agreement for enriched uranium services with Sizewell C.

This new contract will support the first six years of the 3.2 GW power station’s operation and will be serviced mainly from our Capenhurst site in the UK.

Framatome has, meanwhile, signed a nuclear fuel fabrication contract with Sizewell, and both mark a major step forward in strengthening the UK’s energy security.

The announcement was made on Monday, October 13.

Urenco CEO Boris Schucht said: “The importance of Sizewell C in the UK’s energy future cannot be underestimated, and Urenco is proud to have been selected as the fuel supplier of choice.

“This will support the millions in economic contributions we make to the UK every year through the enrichment site we have in Cheshire, one of four such sites we have globally, as well as helping to grow skills in the nuclear industry, create jobs and strengthen supply chains.”

See the full announcement here.

Picture from Sizewell C. Story from Urenco

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