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Energy security boost as Urenco breaks ground on site extension
25 March 2024 Global NewsUrenco has broken ground on a project which will help it deliver global energy security for years to come.
The ceremony took place at Urenco’s Netherlands site in Almelo on Monday, March 25.
The extension project, which comes under our existing capacity programme, will see multiple new centrifuge cascades added to an existing plant, strengthening the nuclear fuel supply chain. The first cascades are due to come online in 2027.
Ad Louter, Urenco Almelo Managing Director, said: “Urenco takes the needs of the market incredibly seriously. This project will help deliver 1.6 million SWU in total alongside other projects happening at our sites in Germany and the USA.
“Energy security and decarbonisation have never been so important as they are today, and we are in a time of great change for nuclear without which it will be impossible to meet ambitious climate targets.”
The capacity programme is a mid to long term plan to refurbish and extend Urenco’s enrichment capacity at all of its four sites.
It comes as more countries and utility companies turn to nuclear for the first time, or seek to extend and/or diversify fuel supplies for existing nuclear operations.
New commitments from customers underpin this investment.
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in 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. Through our technology and 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 making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are 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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