State Atomic Energy Corporation Rosatom, also known as Rosatom State Nuclear Energy Corporation,, or Rosatom State Corporation, is a Russian state corporation headquartered in Moscow that specializes in nuclear energy, nuclear non-energy goods and high-tech products. It was established in 2007 and comprises more than 350 enterprises, including scientific research organizations, a nuclear weapons complex, and the world's only nuclear icebreaker fleet.
The Megatons to Megawatts Program, also called the United States-Russia Highly Enriched Uranium Purchase Agreement, was an agreement between Russia and the United States whereby Russia converted 500 metric tons of "excess" weapons-grade uranium into 15,000 metric tons of low enriched uranium, which was purchased by the US for use in its commercial nuclear power plants. The official name of the program is the "Agreement between the Government of the Russian Federation and the Government of the United States of America Concerning the Disposition of Highly-Enriched Uranium Extracted from Nuclear Weapons", dated February 18, 1993. Under this Agreement, Russia agreed to supply the United States with low-enriched uranium (LEU) obtained from high-enriched uranium (HEU) found to be in excess of Russian defense purposes. The United States agreed to purchase the low-enriched uranium fuel.
A nuclear fuel bank is reserve of low enriched uranium (LEU) for countries that need a backup source of LEU to fuel their nuclear reactors. Countries that do have enrichment technology would donate enriched fuel to a "bank", from which countries not possessing enrichment technology would obtain fuel for their power reactors.
Since the mid-1980s, the largest source of electricity in France has been nuclear power, with a generation of 379.5 TWh in 2019 and a total electricity production of 537.7 TWh. In 2018, the nuclear share was 71.67%, the highest percentage in the world.
The uranium market, like all commodity markets, has a history of volatility, moving with the standard forces of supply and demand as well as geopolitical pressures. It has also evolved particularities of its own in response to the unique nature and use of uranium.
Uranium mining is the process of extraction of uranium ore from the ground. Over 50,000 tons of uranium were produced in 2019. Kazakhstan, Canada, and Australia were the top three uranium producers, respectively, and together account for 68% of world production. Other countries producing more than 1,000 tons per year included Namibia, Niger, Russia, Uzbekistan and China. Nearly all of the world's mined uranium is used to power nuclear power plants. Historically uranium was also used in applications such as uranium glass or ferrouranium but those applications have declined due to the radioactivity and toxicity of uranium and are nowadays mostly supplied with a plentiful cheap supply of depleted uranium which is also used in uranium ammunition. In addition to being cheaper, depleted uranium is also less radioactive due to a lower content of short-lived 234
U and 235
U than natural uranium.
The 123 Agreement signed between the United States of America and India is known as the U.S.–India Civil Nuclear Agreement or Indo-US nuclear deal. The framework for this agreement was a July 18, 2005, joint statement by then Indian Prime Minister Manmohan Singh and then U.S. President George W. Bush, under which India agreed to separate its civil and military nuclear facilities and to place all its civil nuclear facilities under International Atomic Energy Agency (IAEA) safeguards and, in exchange, the United States agreed to work toward full civil nuclear cooperation with India. This U.S.-India deal took more than three years to come to fruition as it had to go through several complex stages, including amendment of U.S. domestic law, especially the Atomic Energy Act of 1954, a civil-military nuclear Separation Plan in India, an India-IAEA safeguards (inspections) agreement and the grant of an exemption for India by the Nuclear Suppliers Group, an export-control cartel that had been formed mainly in response to India's first nuclear test in 1974. In its final shape, the deal places under permanent safeguards those nuclear facilities that India has identified as "civil" and permits broad civil nuclear cooperation, while excluding the transfer of "sensitive" equipment and technologies, including civil enrichment and reprocessing items even under IAEA safeguards. On August 18, 2008, the IAEA Board of Governors approved, and on February 2, 2009, India signed an India-specific safeguards agreement with the IAEA. After India brought this agreement into force, inspections began in a phased manner on the 35 civilian nuclear installations India has identified in its Separation Plan. The deal is seen as a watershed in U.S.-India relations and introduces a new aspect to international nonproliferation efforts. On August 1, 2008, the IAEA approved the safeguards agreement with India, after which the United States approached the Nuclear Suppliers Group (NSG) to grant a waiver to India to commence civilian nuclear trade. The 48-nation NSG granted the waiver to India on September 6, 2008, allowing it to access civilian nuclear technology and fuel from other countries. The implementation of this waiver made India the only known country with nuclear weapons which is not a party to the Non-Proliferation Treaty (NPT) but is still allowed to carry out nuclear commerce with the rest of the world.
Techsnabexport, internationally known as TENEX, is an overseas trading company owned by Russian state-owned company Rosatom. Techsnabexport is an exporter of enriched uranium and a supplier of nuclear fuel cycle products.
Nuclear power is the fifth-largest source of electricity in India after coal, hydro, solar and wind. As of November 2024, India has 24 nuclear reactors in operation in 8 nuclear power plants, with a total installed capacity of 8,180 MW. Nuclear power produced a total of 48 TWh in 2023, contributing around 3% of total power generation in India. 11 more reactors are under construction with a combined generation capacity of 8,700 MW.
Nuclear power in Australia has been a topic of debate since the 1930s. Australia has one nuclear reactor (OPAL) at Lucas Heights, New South Wales, which is only used to produce radionuclides for nuclear medicine, and does not produce electricity. Australia hosts 33% of the world's proven uranium deposits, and is currently the world's third largest producer of uranium after Kazakhstan and Canada.
India's three-stage nuclear power programme was formulated by Homi Bhabha, the well-known physicist, in the 1950s to secure the country's long term energy independence, through the use of uranium and thorium reserves found in the monazite sands of coastal regions of South India. The ultimate focus of the programme is on enabling the thorium reserves of India to be utilised in meeting the country's energy requirements. Thorium is particularly attractive for India, as India has only around 1–2% of the global uranium reserves, but one of the largest shares of global thorium reserves at about 25% of the world's known thorium reserves. However, thorium is more difficult to use than uranium as a fuel because it requires breeding, and global uranium prices remain low enough that breeding is not cost effective.
Ukraine operates four nuclear power plants with 15 reactors located in Volhynia and South Ukraine. The total installed nuclear power capacity is over 13 GWe, ranking 7th in the world in 2020. Energoatom, a Ukrainian state enterprise, operates all four active nuclear power stations in Ukraine. In 2019, nuclear power supplied over 20% of Ukraine's energy.
Radioactive ores were first extracted in South Australia at Radium Hill in 1906 and Mount Painter in 1911. 2,000 tons of ore were treated to recover radium for medical use. Several hundred kilograms of uranium were also produced for use in ceramic glazes.
The electricity sector in Finland relies on nuclear power, renewable energy, cogeneration and electricity import from neighboring countries. Finland has the highest per-capita electricity consumption in the EU. Co-generation of heat and electricity for industry process heat and district heating is common. Finland is one of the last countries in the world still burning peat.
Centrus Energy Corp. is an American company that supplies nuclear fuel for use in nuclear power plants and works to develop and deploy advanced centrifuge technology to produce enriched uranium for commercial and government uses, including for national security.
The Single Electricity Market encompassing the entire island of Ireland does not, and has never, produced any electricity from nuclear power stations. The production of electricity for the Irish national grid (Eirgrid), by nuclear fission, is prohibited in the Republic of Ireland by the Electricity Regulation Act, 1999 . The enforcement of this law is only possible within the borders of Ireland, and it does not prohibit consumption. Since 2001 in Northern Ireland and 2012 in the Republic, the grid has become increasingly interconnected with the neighbouring electric grid of Britain, and therefore Ireland is now partly powered by overseas nuclear fission stations.
In Argentina, about 10% of the electricity comes from 3 operational nuclear reactors: Embalse, a CANDU reactor, and Atucha I and II, two PHWR German designs.
The nuclear energy policy of the United States began in 1954 and continued with the ongoing building of nuclear power plants, the enactment of numerous pieces of legislation such as the Energy Reorganization Act of 1974, and the implementation of countless policies which have guided the Nuclear Regulatory Commission and the Department of Energy in the regulation and growth of nuclear energy companies. This includes, but is not limited to, regulations of nuclear facilities, waste storage, decommissioning of weapons-grade materials, uranium mining, and funding for nuclear companies, along with an increase in power plant building. Both legislation and bureaucratic regulations of nuclear energy in the United States have been shaped by scientific research, private industries' wishes, and public opinion, which has shifted over time and as a result of different nuclear disasters.
Nuclear Non-Proliferation Act of 1978, 22 U.S.C. § 3201, is a United States federal law declaring that nuclear explosive devices pose a perilous threat to the security interests of the United States. The law restricts U.S. export of civil nuclear programs to other nations.
The Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024, or the ADVANCE Act of 2024, is a piece of legislation passed by the 118th United States Congress to accelerate the development of generation IV nuclear reactor technology and keep existing United States nuclear electric power plants online. The Act was introduced in the Senate by Shelley Moore Capito in March 2023 as the ADVANCE Act of 2023. The bill was passed by the Senate in June 2024. A companion bill, the Atomic Energy Advancement Act, similarly reducing licensing fees for advanced nuclear technologies and opposing the Chinese and Russian nuclear sector, passed in the House of Representatives in February 2024. It was not passed alone; the ADVANCE Act was incorporated into the Fire Grants and Safety Act, a reauthorization signed into law on July 9, 2024.
