NAC Worldwide Consulting Publishes Fuel-Trac® Status Reports
April 25, 2005
Norcross, Georgia—NAC Worldwide Consulting announced today the release of the latest edition of Fuel-Trac® Status Reports, its semi-annual global analysis of the nuclear power industry. The six-volume study also includes detailed supply/demand models for key elements of the nuclear fuel cycle, including uranium, conversion services, enrichment, light water reactor fuel fabrication, and projections for spent fuel discharges and reprocessing. Fuel-Trac Status Reports provide a complete view of the global nuclear fuel cycle, developed by a body of experts that have hundreds of person-years of experience in all phases of the industry.
NAC Worldwide Consulting projects that net nuclear generating capacity will grow almost 20 percent from 365 gigawatts electric (GWe) at the end of 2004 to 432 GWe in 2020. The majority of this increase comes from new reactors in Asia and Eastern Europe. These increases (totaling 77 GWe) are offset by the projected loss of more than 15 GWe of nuclear capacity in Western Europe by 2020.
Worldwide demand for uranium (U3O8) is projected to exceed 200 million pounds per year by 2015. Cumulative uncommitted demand (for which firm contracts have not been signed) is estimated to total more than 300 million pounds U3O8 between now and 2010. An additional 970 million pounds of U3O8 are estimated to be uncommitted from 2011 through 2015.
Worldwide demand for enriched uranium is expected to reach 45,000 metric tons of Separative Work Units (MTSWU) by 2015. Cumulative uncommitted demand is estimated to total more than 62,000 MTSWU between now and 2010. An additional 175,000 MTSWU are estimated to be uncommitted from 2011 through 2015.
Fuel-Trac also projects cumulative spent fuel discharges to rise from 268,000 MT at the end of 2004 to more than 440,000 MT by 2020.
Fuel-Trac Status Reports are provided to subscribers and are also available for separate purchase from NAC. For more information on Fuel-Trac Status Reports and other products, please visit www.nacworldwide.com or contact Chris Rusch (This email address is being protected from spambots. You need JavaScript enabled to view it.) in the United States at (678) 328-1222 or Geoff Varley (This email address is being protected from spambots. You need JavaScript enabled to view it.) in the United Kingdom at +44 (0)1491 636 284.
NAC Worldwide Consulting is a Division of NAC International (NAC). NAC Worldwide Consulting is solely responsible for the information presented in Fuel-Trac, which reflects exclusively the independent judgment and analysis of NAC Worldwide Consulting staff.
Since 1968, NAC has been a leader in providing solutions and services to the nuclear industry throughout the world, working with both government and commercial organizations. NAC specializes in nuclear fuel transport, spent fuel management technology, and fuel cycle consulting. NAC maintains its Corporate Headquarters in Norcross, Georgia, and has offices in New York, Moscow, London, Tokyo and Aiken, South Carolina. NAC is a subsidiary of USEC Inc. (NYSE: USU).
NAC Worldwide Consulting projects that net nuclear generating capacity will grow almost 20 percent from 365 gigawatts electric (GWe) at the end of 2004 to 432 GWe in 2020. The majority of this increase comes from new reactors in Asia and Eastern Europe. These increases (totaling 77 GWe) are offset by the projected loss of more than 15 GWe of nuclear capacity in Western Europe by 2020.Worldwide demand for uranium (U3O8) is projected to exceed 200 million pounds per year by 2015. Cumulative uncommitted demand (for which firm contracts have not been signed) is estimated to total more than 300 million pounds U3O8 between now and 2010. An additional 970 million pounds of U3O8 are estimated to be uncommitted from 2011 through 2015.
Worldwide demand for enriched uranium is expected to reach 45,000 metric tons of Separative Work Units (MTSWU) by 2015. Cumulative uncommitted demand is estimated to total more than 62,000 MTSWU between now and 2010. An additional 175,000 MTSWU are estimated to be uncommitted from 2011 through 2015.
Fuel-Trac also projects cumulative spent fuel discharges to rise from 268,000 MT at the end of 2004 to more than 440,000 MT by 2020.
Fuel-Trac Status Reports are provided to subscribers and are also available for separate purchase from NAC. For more information on Fuel-Trac Status Reports and other products, please visit www.nacworldwide.com or contact Chris Rusch (This email address is being protected from spambots. You need JavaScript enabled to view it.) in the United States at (678) 328-1222 or Geoff Varley (This email address is being protected from spambots. You need JavaScript enabled to view it.) in the United Kingdom at +44 (0)1491 636 284.
NAC Worldwide Consulting is a Division of NAC International (NAC). NAC Worldwide Consulting is solely responsible for the information presented in Fuel-Trac, which reflects exclusively the independent judgment and analysis of NAC Worldwide Consulting staff.Since 1968, NAC has been a leader in providing solutions and services to the nuclear industry throughout the world, working with both government and commercial organizations. NAC specializes in nuclear fuel transport, spent fuel management technology, and fuel cycle consulting. NAC maintains its Corporate Headquarters in Norcross, Georgia, and has offices in New York, Moscow, London, Tokyo and Aiken, South Carolina. NAC is a subsidiary of USEC Inc. (NYSE: USU).
