But as of 2020, close to half the uranium used for fuel in the United States was imported from Russia, Kazakhstan and Uzbekistan. The amended agreement authorized the United States to purchase as much as 24 percent of its nuclear fuel from Russia next year.
Further complicating matters, the Energy Department announced plans in 2020 to invest up to $3.2 billion in the development of a new generation of advanced reactors — including one devised by TerraPower, a company co-founded by Bill Gates — that rely on a more enriched variety of uranium that is only produced at commercial scale by Russia.
Live Updates: Russia-Ukraine War
- Red Cross postpones its effort to rescue civilians from besieged Mariupol.
- More nations will join U.S. in releasing emergency oil reserves.
- Refugees continue to flee Ukraine on trains through neighboring Hungary.
Domestic suppliers have been hesitant to invest in producing that fuel — high-assay, low-enriched uranium, or HALEU — as the advanced reactors that could use it are still years from completion.
“It’s not that anyone thinks we can’t make it,” said Matt Bowen, a research scholar at the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs. “But it would involve costs, and none of them have been willing, I think for very understandable reasons, to make that investment because they aren’t sure if these reactor projects are really going to happen.”
The new reactors have been designed to be cheaper, safer and more efficient than older ones. They have been proposed in the hope of replacing some of the 93 reactors that are currently in operation across the United States, many of which are more than 40 years old and nearing the end of their intended life spans.
But in light of Russia’s actions, TerraPower and other companies developing new reactors have said they will not use the more enriched fuel from Russia, even though no commercial alternative exists.
As aging nuclear plants are gradually retired, renewable sources such as wind and solar power would have to be drastically increased to fill the gap in carbon-free power production if new nuclear plants are not built.