Challenges on the Front End Activities of the Uranium Fuel Cycle - Areva's Approach

Energy is central to respond to critical stakes on human and industrial development requirements as well as on climate change. The increase of the share of carbon-free energy sources in the global supply mix will help to reduce significantly greenhouse gas emissions (GHG) as power generation accounts currently for 41 per cent of these emissions from the energy sector. In this energetic mix, nuclear and renewable energies are complementary, the first more focused in the baseload power generation whilst the second is well suited for decentralised power generation. In this context, AREVA's goal is to enable everyone to have access to a cleaner, safer and more economical energy. Regarding nuclear energy, AREVA's strategy is to capitalise on its integrated operation model, which groups together fuel cycle and nuclear power plant construction, aiming at building one third of the new nuclear capacities and securing the fuel cycle supply chain for its existing and future customers. Therefore, the front end of the uranium fuel cycle, from mining to the fabrication of fuel assemblies, has a key role in the sustainability of the nuclear industry. The replacement of the current capacity and the entrance of new countries on the nuclear power generation might lead to a significant rise of uranium demand by 2020. In order to be prepared in time, AREVA defined an ambitious industrial program to expand mineral reserves, increase the production of uranium concentrates, replace the conversion capacity, build two new uranium enrichment plants, one in France and one in the United States and upgrade its fuel manufacturing plants. To support the front-end industrial activities in the short and long term, AREVA invests on a portfolio of R&D projects to find out solutions to meet customers' needs, to improve its competitiveness and to develop new concepts and solutions to anticipate future market evolutions. In particular, some important technological challenges in mining must be surmounted to develop cost-effective methods to explore and exploit low grade deposits while creating sustainable solutions for reducing reagent, water and energy consumptions. In this lecture, an overview of the industrial investments of AREVA in the front end of the uranium fuel cycle and some highlights on its R&D major axis will be presented. This is an abstract only. No full paper was prepared for this abstract.