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atw - International Journal for Nuclear Power | 05.2020

Description Ever since its first issue in 1956, the atw – International Journal for Nuclear Power has been a publisher of specialist articles, background reports, interviews and news about developments and trends from all important sectors of nuclear energy, nuclear technology and the energy industry. Internationally current and competent, the professional journal atw is a valuable source of information. www.nucmag.com

Description

Ever since its first issue in 1956, the atw – International Journal for Nuclear Power has been a publisher of specialist articles, background reports, interviews and news about developments and trends from all important sectors of nuclear energy, nuclear technology and the energy industry. Internationally current and competent, the professional journal atw is a valuable source of information.

www.nucmag.com

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<strong>atw</strong> Vol. 65 (2020) | Issue 5 ı May<br />

Uranium<br />

Prize range: Spot market [USD*/lb(US) U 3O 8]<br />

140.00<br />

) 1<br />

Uranium prize range: Spot market [USD*/lb(US) U 3O 8]<br />

140.00<br />

) 1<br />

120.00<br />

120.00<br />

297<br />

100.00<br />

100.00<br />

80.00<br />

80.00<br />

60.00<br />

40.00<br />

20.00<br />

Yearly average prices in real USD, base: US prices (1982 to1984) *<br />

60.00<br />

40.00<br />

20.00<br />

NEWS<br />

0.00<br />

1980<br />

1985<br />

1990<br />

1995<br />

2000<br />

2005<br />

2010<br />

2015<br />

2020<br />

Year<br />

* Actual nominal USD prices, not real prices referring to a base year. Year<br />

Sources: Energy Intelligence, Nukem; Bild/Figure: <strong>atw</strong> 2020<br />

* Actual nominal USD prices, not real prices referring to a base year. Sources: Energy Intelligence, Nukem; Bild/Figure: <strong>atw</strong> 2020<br />

| Uranium spot market prices from 1980 to 2020 and from 2009 to 2020. The price range is shown.<br />

In years with U.S. trade restrictions the unrestricted uranium spot market price is shown.<br />

Separative work: Spot market price range [USD*/kg UTA]<br />

Conversion: Spot conversion price range [USD*/kgU]<br />

180.00<br />

26.00<br />

) 1 ) 1<br />

160.00<br />

140.00<br />

0.00<br />

24.00<br />

22.00<br />

20.00<br />

Jan. 2009<br />

Jan. 2010<br />

Jan. 2011<br />

Jan. 2012<br />

Jan. 2013<br />

Jan. 2014<br />

Jan. 2015<br />

Jan. 2016<br />

Jan. 2017<br />

Jan. 2018<br />

Jan. 2019<br />

Jan. 2020<br />

Jan. 2021<br />

120.00<br />

18.00<br />

16.00<br />

100.00<br />

14.00<br />

80.00<br />

12.00<br />

10.00<br />

60.00<br />

8.00<br />

40.00<br />

6.00<br />

20.00<br />

4.00<br />

2.00<br />

0.00<br />

0.00<br />

Jan. 2009<br />

Jan. 2010<br />

Jan. 2011<br />

Jan. 2012<br />

Jan. 2013<br />

Jan. 2014<br />

* Actual nominal USD prices, not real prices referring to a base year. Year<br />

Jan. 2015<br />

Jan. 2016<br />

Jan. 2017<br />

Jan. 2018<br />

Jan. 2019<br />

Jan. 2020<br />

Jan. 2021<br />

Sources: Energy Intelligence, Nukem; Bild/Figure: <strong>atw</strong> 2020<br />

Jan. 2009<br />

Jan. 2010<br />

Jan. 2011<br />

Jan. 2012<br />

Jan. 2013<br />

Jan. 2014<br />

* Actual nominal USD prices, not real prices referring to a base year. Year<br />

Jan. 2015<br />

Jan. 2016<br />

Jan. 2017<br />

Jan. 2018<br />

Jan. 2019<br />

Jan. 2020<br />

Jan. 2021<br />

Sources: Energy Intelligence, Nukem; Bild/Figure: <strong>atw</strong> 2020<br />

| Separative work and conversion market price ranges from 2009 to 2020. The price range is shown.<br />

)1<br />

In December 2009 Energy Intelligence changed the method of calculation <strong>for</strong> spot market prices. The change results in virtual price leaps.<br />

* Actual nominal USD prices, not real prices referring to a base year<br />

Sources: Energy Intelligence, Nukem; Bilder/Figures: <strong>atw</strong> 2020<br />

<strong>for</strong> desalination purposes apart from<br />

heat and electricity supply and the<br />

latest developments of ROSATOM in<br />

the area of SMRs featuring RITM-200<br />

reactor technology. ROSATOM SMRs<br />

can be a good alternative to diesel<br />

generators providing reliable power<br />

supply and preventing harmful<br />

emissions at a competitive price.<br />

Speaking at Energy Indaba, Ryan<br />

Collyer put a special emphasis on<br />

ROSATOM’s current developments in<br />

the field of small modular reactors. In<br />

particular, he presented RITM-200, an<br />

advanced pressurized-water reactor<br />

that incorporates all the best features<br />

from its predecessors – ship reactors.<br />

R. Collyer added that the main advantages<br />

of RITM-200 reactor are costefficiency,<br />

small size and safety.<br />

RITM-200 is designed <strong>for</strong> nuclear<br />

icebreakers, land-based small NPPs,<br />

and floating nuclear power plants.<br />

He also pointed out that RITM-200<br />

is a reference reactor. ROSATOM has<br />

already constructed six RITM-200<br />

reactors by now. Two reactors onboard<br />

Arktika icebreaker have already<br />

attained criticality.<br />

The speaker also outlined the<br />

features of the floating nuclear power<br />

plant that was connected to the grid at<br />

the end of 2019 and started supplying<br />

electricity to the grid. At present,<br />

ROSATOM is working on the next<br />

generation of the offshore nuclear<br />

power plants – an optimized floating<br />

power unit (OFPU).<br />

“We are working hard to do our<br />

part in delivering the great stories<br />

from our industry, to highlight its true<br />

potential to become a catalyst <strong>for</strong><br />

sustainable development in Africa. We<br />

all understand that nuclear will play a<br />

vital role in achieving the United<br />

Nations sustainability goals not only<br />

in Africa but across the globe,” noted<br />

Ryan Collyer.<br />

| www.rosatom.ru (201121448)<br />

Market data<br />

(All in<strong>for</strong>mation is supplied without<br />

guarantee.)<br />

<strong>Nuclear</strong> Fuel Supply<br />

Market Data<br />

In<strong>for</strong>mation in current (nominal)<br />

U.S.-$. No inflation adjustment of<br />

prices on a base year. Separative work<br />

data <strong>for</strong> the <strong>for</strong>merly “secondary<br />

market”. Uranium prices [US-$/lb<br />

U 3 O 8 ; 1 lb = 453.53 g; 1 lb U 3 O 8 =<br />

0.385 kg U]. Conversion prices [US-$/<br />

kg U], Separative work [US-$/SWU<br />

(Separative work unit)].<br />

2017<br />

p Uranium: 19.25–26.50<br />

p Conversion: 4.50–6.75<br />

p Separative work: 39.00–50.00<br />

2018<br />

p Uranium: 21.75–29.20<br />

p Conversion: 6.00–14.50<br />

p Separative work: 34.00–42.00<br />

2019<br />

January to June 2019<br />

p Uranium: 23.90–29.10<br />

p Conversion: 13.50–18.00<br />

p Separative work: 41.00–49.00<br />

July to December 2019<br />

p Uranium: 24.50–26.25<br />

p Conversion: 18.00–23.00<br />

p Separative work: 47.00–52.00<br />

2020<br />

January 20202<br />

p Uranium: 24.10–24.90<br />

p Conversion: 22.00–23.00<br />

p Separative work: 48.00–51.00<br />

February 20202<br />

p Uranium: 24.25–25.00<br />

p Conversion: 22.00–23.00<br />

p Separative work: 45.00–53.00<br />

| Source: Energy Intelligence<br />

www.energyintel.com<br />

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