Currently there are challenges to developing energy security in the US from a fuel security perspective as there is a higher demand than available capacity. Russia had previously dominated the global market from its large available capacity relative to its small demand, but without the Russian supply, supply challenges will remain. In order to ensure nuclear fuel security, the executive branch has been working with Congress on legislation to end Russian imports as of January 1, 2028. The pending legislation would impose a ban, but would allow DOE waivers through the end of 2027 if needed for continued plant operation or in the national interest. Urenco USA is currently making plans for capacity expansion to address fuel security needs but much uncertainty still remains in the future of the fuel market.
