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Read our latest report28 October 2022
Urenco CEO Boris Schucht has stressed the world is at a “pivotal moment” for advanced nuclear technologies, as he presented a panel discussion at a leading International Atomic Energy Agency (IAEA) conference.
Boris moderated the International Industry Forum on Small Modular Reactor (SMR) Supply Chain at the International Ministerial Conference on Nuclear Power in the 21st Century on October 27.
Opening the discussion in Washington D.C., Boris emphasised that the world’s need to reduce emissions and strengthen energy security was increasing the focus on new nuclear technologies such as SMRs and advanced modular reactors (AMRs).
This is now at a “pivotal moment,” with countries across the world looking to utilise these new technologies.
But Boris emphasised that continued and reliable support from governments was required to help jumpstart the AMR/SMR market to ensure it was commercially viable, and that this support would have to extend to the production of new, advanced nuclear fuels which power the new reactors. Such support would lead to companies having greater confidence to invest in the market.
Boris was joined for the discussion by Renaud Crassous of EDF, Adriana Cristina Serquis from Argentina’s National Atomic Energy Commission, John L. Hopkins of NuScale, USA, and Daniel Poneman of Centrus Energy Corporation.
All panellists provided their reflections on their respective supply chains for their new nuclear technology projects, and the challenges and opportunities of ensuring they were robust enough. There was also a wider discussion on the nuclear energy landscape and the role of AMRs and SMRs in supporting the clean energy transition.
About Urenco
Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.
With its head office near London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Using centrifuge technology designed and developed by Urenco, and through the expertise of our people, the Urenco Group provides safe, cost effective and reliable services; operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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