Nuclear fuel assurance : origins, trends, and policy issues

The economic, technical and political issues which bear on the security of nuclear fuel supply interna- tionally are addressed. The structure of international markets for nuclear fuel is delineated; this includes an analysis of the political constraints on fuel availability, especially the connection to supplier nonproliferation policies. The historical development of nuclear fuel assurance problems is explored and and assessment is made of future trends in supply and demand and in the political context in which fuel trade will take place in the future. Finally, key events and policies which will affect future assurance are identified.