DOE Issues $2.7B Orders to Scale Domestic Nuclear LEU and HALEU Enrichment
Key Takeaway
The DOE's substantial investment in domestic LEU and HALEU enrichment capacity is a critical step towards securing the U.S. nuclear fuel supply chain, reinforcing nuclear power's role as a reliable, low-carbon energy source for developers and large consumers.
AI Summary
- •The U.S. Department of Energy (DOE) has issued $2.7 billion in task orders ($900M each to Centrus Energy Corp., General Matter, and Orano Federal Services) to expand domestic capacity for conventional Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU) enrichment.
- •This program, launched in 2024, aims to significantly increase U.S. nuclear fuel production over the next decade, bolstering energy security and reducing reliance on foreign supply for nuclear power plants.
- •For developers and large power consumers, this initiative signals a strong governmental commitment to the nuclear sector, potentially stabilizing long-term fuel costs and ensuring a secure supply chain for baseload, carbon-free generation.
- •The investment directly supports the long-term operational viability and expansion potential of existing and future nuclear facilities, crucial for meeting growing electricity demand, especially from large loads like datacenters.
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Article Content
The U.S. Department of Energy (DOE) has issued its first production-scale task orders under a $2.7-billion uranium enrichment program launched in 2024, awarding $900 million each to Centrus Energy Corp., General Matter, and Orano Federal Services to expand domestic capacity for conventional low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) over the next decade. The […] The post DOE Issues $2.7B Orders to Scale Domestic Nuclear LEU and HALEU Enrichment appeared first on POWER Magazine .