Westinghouse Electric Company and Urenco have signed a first agreement for long-term fuel enrichment. Under the agreement, Urenco will provide enrichment of high-assay low-enriched uranium (HALEU) to Westinghouse for five years of deployment for the company’s next-generation, eVinci™ microreactor.
“This is a key step in building our capabilities to supply advanced nuclear fuels,” said Tarik Choho, President of Nuclear Fuel at Westinghouse. “Urenco is a valued supplier of enriched uranium. They will play an important role in providing nuclear fuel for our eVinci microreactor, which is a safe, simple and economical clean-energy solution for a range of industries like remote mining, data centers, and off-grid communities.”
“Urenco is committed to powering the nuclear reactors of today and tomorrow with enriched uranium,” said Laurent Odeh, Chief Commercial Officer for Urenco. “We are proud to sign this agreement-in-principle with our partner Westinghouse to enable their eVinci microreactor, which will make clean and reliable energy available 24/7 – anywhere.”
Key data points: The growth forecast = 5.4% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global nuclear decommissioning service market to 2031 by reactor type (pressurized water reactor (PWR), boiling water reactor (BWR), pressurized heavy water reactor (PHWR), gas cooled reactor (GCR), and others), strategy (immediate dismantling, deferred dismantling, and entombment), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesThe eVinci microreactor builds on decades of industry-leading Westinghouse innovation to bring carbon-free, safe and scalable energy wherever it is needed for a variety of applications, including providing reliable electricity and heating for data centers, the oil and gas industry, mining operations, remote communities, universities, industrial centers, and defense facilities, and soon the lunar surface and beyond. The resilient eVinci microreactor has very few moving parts, working essentially as a battery, providing the versatility for power systems ranging from several kilowatts to 5 megawatts of electricity, delivered 24 hours a day, 7 days a week for eight-plus years without refueling. The technology is factory-built and assembled before it is shipped in a container.
