Ukraine: Russia could further devastate US, EU economy with ban on Uranium, Nuclear reactor tech & components

According to research fellows Matt Bowen & Paul Dabbar from the Center for Global Energy Policy at Columbia University, a stop in uranium supply will hit US consumers harder.

The report was contained in an article which was written and published in "The Hill" and says that if Russia should stop supplying it's specially enriched uranium to US energy companies, USA will face serious consequences for reactor operations. They reiterated popular rhetorics amongst the populace when they restated that -

"There are several segments of the commercial nuclear value chain where a Russian supplier could impact the availability of a reactor in the West to provide power. For nuclear fuel, these include uranium mining and milling, conversion, enrichment and fuel fabrication. For existing Russian-designed reactors, they include providing unique original equipment manufacturer spare parts and services.

“This could lead to a shutdown of reactors, and given that nuclear energy accounts for more than 20 percent of generating capacity in some parts of the country, electricity prices will jump even above today's inflation,” the publication says.

From the article, Matt Bowen & Paul Dabbar reminded that several reactors currently operating in the US and EU are manufactured by Russia. This means that Putin's Russia also supplies the components for them. Should the conflict in Ukraine escalate further and the Kremlin feels aggrieved from NATO led military intervention, many nuclear power plants will be forced to suspend work if Russia cuts off supply.

According to them,

"Russia holds 46 percent of uranium enrichment capacity. The vast majority of the 439 reactors around the world require enriched uranium fuel, including all reactors in the U.S. fleet."

"Western leaders need to immediately consider their exposure to Russian nuclear exports and take steps to reduce it or face another energy shock at the hands of Putin." the publication stated.

http://uptownerd.com/2022/06/14/ukraine-russia-could-devastate-us-eu-economy-with-ban-on-uranium-reactor-tech-components/

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

Jimasun:

Too much ignorance in one post.
1. You need enriched Uranium to produce electricity with uranium - Russia holds 46% of the world's capacity.
2. Many European and even American nuclear plants depends on Russian technology. All Russia need to do is stop spare parts from reaching them.
3. Russia produces its own microchip enough for military use. But imports most of its need for civilian use.
4. However, without Russia, most microchip producers can't produce because Russia controls over 40% of neon gas (a very important material needed for chip production.) With its capture of Mariupol and impending capture of Odessa, Russia would control over 80% of neon gas worldwide and that's absolutely going to wreck havoc if Russia decides to withhold neon gas. Price of neon gas has already risen by over 1000% since beginning of the war.

The world need Russia, it is too big a country to be ignored

ariesbull:
that dude is daft... That is the quality of graduates we have in Nigeria... Very shallow and can't comprehend

Vikkie14:
Definitely not due to him being daft, majority of them are clouded from sensible and rational use of their brains, simply because they have this dogmatically zombified love for America and Europe.
So, instead of engaging their thought process to analyze and infer meanings from the article they read, they instead follow a GIGO pattern that appeals to their "consolation".

Vikkie14:
Definitely not due to him being daft, majority of them are clouded from sensible and rational use of their brains, simply because they have this dogmatically zombified love for America and Europe.
So, instead of engaging their thought process to analyze and infer meanings from the article they read, they instead follow a GIGO pattern that appeals to their "consolation".

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

rottennaija:

You think you just buy them somewhere else? It takes decades to develop the technology, sign agreements etc.

Jimasun:

Too much ignorance in one post.
1. You need enriched Uranium to produce electricity with uranium - Russia holds 46% of the world's capacity.
2. Many European and even American nuclear plants depends on Russian technology. All Russia need to do is stop spare parts from reaching them.
3. Russia produces its own microchip enough for military use. But imports most of its need for civilian use.
4. However, without Russia, most microchip producers can't produce because Russia controls over 40% of neon gas (a very important material needed for chip production.) With its capture of Mariupol and impending capture of Odessa, Russia would control over 80% of neon gas worldwide and that's absolutely going to wreck havoc if Russia decides to withhold neon gas. Price of neon gas has already risen by over 1000% since beginning of the war.

The world need Russia, it is too big a country to be ignored

Jimasun:

Too much ignorance in one post.
1. You need enriched Uranium to produce electricity with uranium - Russia holds 46% of the world's capacity.
2. Many European and even American nuclear plants depends on Russian technology. All Russia need to do is stop spare parts from reaching them.
3. Russia produces its own microchip enough for military use. But imports most of its need for civilian use.
4. However, without Russia, most microchip producers can't produce because Russia controls over 40% of neon gas (a very important material needed for chip production.) With its capture of Mariupol and impending capture of Odessa, Russia would control over 80% of neon gas worldwide and that's absolutely going to wreck havoc if Russia decides to withhold neon gas. Price of neon gas has already risen by over 1000% since beginning of the war.

The world need Russia, it is too big a country to be ignored

Benny6944:




your so daft and ignorant.

Lets see how russia survives without exporting.. op go back to your economics, you really need to grab some knowledge.

Ask Iran, Venezuela witb most oil reserve, that should be fucking rich like other Arab nation but aren't as a result of low export which was brought by sanctions. also Yemen, Syria, Iraq, how are they coping with such ban?

Jimasun:

Another daft Mofo.
Do you realise India, Asia and Africa and even many European countries are increasing their purchase of Russian oil?
You better stop watching too much of western media

ariesbull:
our Ajeojuka and some of our refineries were built by Russians here in Nigeria.... Yet we still don't have the technical expertise to operate them efficiently what Russian can do easily

cybernaut:
Some idiots will not understand . Russian's are truthful people but don't take them for granted. Even uk and America deny iron ore test and give Nigeria fake test only Russian test our iron ore and tell Nigeria is a good natural resources that's is the main reason Russian build ajaokute steel industry. So forget America and EU even NATO they are bunch of vultures looking to whom to waste.

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

Decentdave:
Propaganda..no be only Russia get Uranium for the world na..Highest it will be sourced in other countries that has if.Hope u know Russia also depends on the west for Micro chips,and semi conductors because they don't produce it too.so both part will be affected

ariesbull:


Well domt blame them, they listen to American, love their culture and English

USA is great but the truth is that this war has shown how great Russia is... In short Russia is the most powerful nation as it stands... No nation on earth can withstand what Russia is and yet stands...

That is worth emulation... How I iwhs Nigeria can take a cue and achieve at least 1/5 of what Russia is doing

cybernaut:
Some idiots will not understand . Russian's are truthful people but don't take them for granted. Even uk and America deny iron ore test and give Nigeria fake test only Russian test our iron ore and tell Nigeria is a good natural resources that's is the main reason Russian build ajaokute steel industry. So forget America and EU even NATO they are bunch of vultures looking to whom to waste.

Kingsnairaland:
Let all bury the USA until they realize that they don't own the world.

ariesbull:
that dude is daft... That is the quality of graduates we have in Nigeria... Very shallow and can't comprehend

gambojimeta:

Going by your logic, thank God Julius Berger (A German company) was awarded the 3rd mainland bridge, National Assembly, Abuja airport, excravos, tincan e.t.c and not some funny Russian company

Kingsnairaland:
Let all bury the USA until they realize that they don't own the world.

dapoRead:


The quality of graduates in Nigeria despite being that bad is even far better than those of U.S.

It is worse in the U.S..

A debt slavery kind of Educational system. Someone in his 50s is still paying for loans he or she took during its student days.

gambojimeta:

Benny6944:




Op, the amount of money west pumped into Russia in just a few months of war will take Asia a decade to actualize so it's no match to the wests business deals

cybernaut:
Some idiots will not understand . Russian's are truthful people but don't take them for granted. Even uk and America deny iron ore test and give Nigeria fake test only Russian test our iron ore and tell Nigeria is a good natural resources that's is the main reason Russian build ajaokute steel industry. So forget America and EU even NATO they are bunch of vultures looking to whom to waste.