ABSTRACT

The question of adequacy of U.S. domestic uranium supply is a continuous problem for the U.S. Government and the electric power industry. Present domestic reserves and identified resources of uranium are not sufficient to support projected requirements of the nuclear-electric industry past 1985. Some quantity of new reserves will be discovered through increased exploration but will this quantity be sufficient to meet projected needs? Capital cost of nuclear plants are high ($1 billion for a 1000 megawatt plant) and 8 to 10 years lead time are required for construction. Industry needs information concerning the probable future availability of nuclear fuel to properly evaluate new projects.