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Abstract

In 2005, there was renewed interest worldwide in building new nuclear generation capacity in response to rising fossil fuel prices and concerns about climate change following entry into force of the Kyoto Protocol in early 2005. Security of energy supplies in general continued to climb on the political agenda, but on the other hand proliferation concerns remain an important factor in the trade of nuclear technology and materials.
Supplies of nuclear materials to the EU were stable, and while prices continued to increase, prices paid under long term contracts showed relatively modest increases (around 15 % for natural uranium compared to 2004). For the second year in a row, global uranium production increased, although not in a very significant way. It still remains below global reactor requirements, but many ongoing mine expansions and new mining plans are expected to narrow the gap in the coming years.
The only remaining uranium mine in the EU - in the Czech Republic - has extended its operation until 2008, and uranium exploration is now ongoing in Finland, Sweden and Slovakia. Mines are still under production in Romania which is due to join the EU in 2007.

Additional information

Authors: No author stated, European Commission, DG Energy and Transport, Brussels (BE)
Bibliographic Reference: Luxembourg, Office for Official Publications of the European Communities, 2006. 34 pp, free of charge
Availability: http://bookshop.europa.eu/is-bin/INTERSHOP.enfinity/WFS/EU-Bookshop-Site/en_GB/-/EUR/ViewPublication-Start?PublicationKey=KOAA06001 (Catalogue Number: KO-AA-06-001-EN-C)
ISBN: ISBN: 92-79-01970-8
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