Bill That Would Ban Russian Uranium Imports Slated for Vote in House
A bill that would ban the import of Russian uranium (see 2203280068) 90 days after passage, unless the Energy Department grants a waiver because "no alternative viable source of low-enriched uranium is available to sustain the continued operation of a nuclear reactor," has been recommended by the House Energy Committee.
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The bill also puts limits on the amount of Russian uranium that can be imported, starting with 476,536 kg in 2024, and reducing each year, and waivers would not be allowed after 2027. About 24% of enriched uranium used to produce energy in American reactors was enriched in Russia.
The bill has been scheduled for a vote the week of Dec. 11, on the House Suspension Calendar, for bills that are expected to easily get approval from at least two-thirds of the House.
The Congressional Budget Office estimated that if the bill becomes law, the Civil Nuclear Credit would have to pay out $20 million through 2033, since the price of nuclear fuel would be higher.