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Urenco at G7 forum as agreement reached over nuclear fuels
17 April 2023
Urenco has welcomed an announcement made alongside the G7 Energy Ministers’ Meeting for greater collaboration to diversify nuclear fuel supplies.
The UK, US, Canada, Japan and France made the agreement, in Sapporo, Japan, which will act as a “springboard” for the five countries to make progress around ensuring the secure supply of uranium fuel through shared supply chains, now and into the future.
Emilie Isaacs, Head of Government Affairs for Urenco, said:
“Energy security and independence have never been as important as they are today, and this announcement is a big step towards ensuring a greater and sustainable diversity of supply when it comes to nuclear fuels.”
Meanwhile, at the Nuclear Energy Forum, which ran in conjunction with the Energy Ministers’ Meeting, Urenco CEO Boris Schucht spoke on a climate security panel about the importance of nuclear as a complement to renewables. Boris also emphasised the critical role of nuclear in producing baseload power, heat and hydrogen for industrial sectors.
The same day nuclear bodies had issued a joint declaration calling on G7 governments to support the long-term operation of existing nuclear power plants and to speed up the deployment of new ones.
The declaration was signed by World Nuclear Association Director General Dr Sama Bilbao y León, alongside leaders of five other nuclear trade associations - Canadian Nuclear Association, Japan Atomic Industrial Forum, nucleareurope, Nuclear Energy Institute (US), and Nuclear Industry Association (UK).
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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