To effectively develop nuclear energy, countries are accelerating the development of new nuclear fuels, particularly HALEU (high-assay low-enriched uranium) and TRISO fuels:
Currently, HALEU is not widely available, with only Russia and China producing it at scale. The U.S. and U.K. are investing in domestic uranium enrichment to strengthen nuclear fuel security:
Advanced nuclear reactors require more highly enriched fuel, but HALEU production remains limited. Additionally, the U.S. banned Russian uranium imports in 2024:
Many companies, including GE Hitachi and Westinghouse, are opting for LEU+ (low enriched uranium), which can be sourced from existing U.S. facilities:
