Posted on September 5, 2022 by John McGregor

John here. France is working to bring all of its nuclear power plants back online before winter and Germany is contemplating a plan to postpone the closure of its plants. Hungary has just issued approvals for two new nuclear reactors from Rosatom. Nonetheless, Ukraine is pushing for sanctions on Russian uranium. Theoretical capacity to replace uranium with thorium won’t translate into immediate results, so any sanctions in the short term would put further pressure on energy markets.

Can the U.S. Kick Its Reliance on Russian Uranium?