EU concerns about nuclear security of supply risks are overstated
Tomáš Vlček and Martin Jirušek, Center for Energy Studies
Contrary to the popular view in many European capitals, suppliers of nuclear energy cannot use it as a political tool in the same way as natural gas. The EU need not have concerns about physical supplies of uranium and other parts of the nuclear fuel cycle. The forecasts for global uranium production based on current estimates of demand and prices indicate 95 years of supply. However, adding all expected conventional uranium resources suggests 300 years of supply...