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Nuclear fuel bank information


A nuclear fuel bank is reserve of low enriched uranium (LEU) for countries that need a backup source of LEU to fuel their nuclear reactors. Countries that do have enrichment technology would donate enriched fuel to a "bank", from which countries not possessing enrichment technology would obtain fuel for their power reactors.

LEU banks are meant to be nuclear fuel providers "in the event of unforeseen, non-commercial disruption" to the supplies, and are regarded an important international effort to "prevent nuclear proliferation and dissuading countries from building uranium enrichment facilities by guaranteeing access to LEU for fuel use should other sources fail."[1]

The concept of providing an assured supply of nuclear fuel, and thus avoiding the need for countries to build indigenous nuclear fuel production capabilities, has long been proposed as a way to curb the proliferation of nuclear weapons and, eventually, eliminate them altogether.[2] Austria,[3] Russia,[4] the European Union,[5] the United States,[6] and others have supported various concepts of an international fuel bank. Many non-nuclear-weapon states have been reluctant to embrace any of these proposals for varying reasons.

  1. ^ "IAEA fuel 'bank' on course - World Nuclear News". www.world-nuclear-news.org. Retrieved 2019-07-04.
  2. ^ UN News Centre: Proposed nuclear fuel bank reaches go-ahead funding level, UN agency says
  3. ^ Multilateralization of the nuclear fuel cycle paper submitted by Austria Archived 2011-07-28 at the Wayback Machine
  4. ^ 2010 Statement by H.E. Ambassador Anatoly Antonov Archived October 25, 2012, at the Wayback Machine
  5. ^ Multilateralization of the nuclear fuel cycle/guarantees of access to the peaceful uses of nuclear energy paper submitted by EU Archived 2011-10-09 at the Wayback Machine
  6. ^ [A Work Plan for the 2010 Review Cycle: Coping with Challenges Facing the Nuclear Nonproliferation Treaty]

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