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Prospects of uranium supply-demand situation in world nuclear power development

Xingwu Wang

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Abstract

Based on the newest materials and data published by authoritative organizations,this paper introduces the near-term and medium to long-term development situation of world nuclear power,summarizes the main characteristics of recent world uranium production,preliminarily analyses the relationship between uranium supply and demand to 2030.It is suggested that from the view-point of whole world,uranium resources are fully sufficient for the near-term and medium to long-term world uranium production and uranium demand of nuclear power.World uranium production can meet the near-term uranium demand for nuclear power.However,a big supply-demand gap may exist after 2015 as world nuclear power will be developed with high speed.In case if all construction plans of new uranium mines and production-expansion plans of existing uranium mines will be completed on time,it is quite possible for the world uranium production to meet the long-term uranium demand of nuclear power development.

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What this paper is about

Based on the newest materials and data published by authoritative organizations,this paper introduces the near-term and medium to long-term development situation of world nuclear power,summarizes the main characteristics of recent world uranium production,preliminarily analyses the relationship between uranium supply and demand to 2030.It is suggested that from the view-point of whole world,uranium resources are fully sufficient for the near-term and medium to long-term world uranium production and uranium demand of nuclear power.World uranium production can meet the near-term uranium demand for nuclear power.However,a big supply-demand gap may exist after 2015 as world nuclear power will be developed with high speed.In case if all construction plans of new uranium mines and production-expansion plans of existing uranium mines will be completed on time,it is quite possible for the world uranium production to meet the long-term uranium demand of nuclear power development.

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Available abstract

Based on the newest materials and data published by authoritative organizations,this paper introduces the near-term and medium to long-term development situation of world nuclear power,summarizes the main characteristics of recent world uranium production,preliminarily analyses the relationship between uranium supply and demand to 2030.It is suggested that from the view-point of whole world,uranium resources are fully sufficient for the near-term and medium to long-term world uranium production and uranium demand of nuclear power.World uranium production can meet the near-term uranium demand for nuclear power.However,a big supply-demand gap may exist after 2015 as world nuclear power will be developed with high speed.In case if all construction plans of new uranium mines and production-expansion plans of existing uranium mines will be completed on time,it is quite possible for the world uranium production to meet the long-term uranium demand of nuclear power development.

Key concepts: Uranium, Nuclear power, Supply and demand, Production (economics), Enriched uranium, Uranium mine, Depleted uranium, Term (time)

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