Fuel Cycle Services the Heart of Nuclear Energy

Abstract

Fuel is essential for development whether for survival and or wealth creation purposes. In this century the utilization of fuels need to be improved although energy mix is still to be the most rational choice. The large amount utilization of un-renewable fossil has some disadvantages since its low energy content requires massive extraction, transport, and processing while emitting CO₂ resulting degradation of the environment. In the mean time the advancement of nuclear science and technology has improved significantly the performance of nuclear power plant, management of radioactive waste, enhancement of proliferation resistance, and more economic competitiveness. Ever since the last decade of the last century the nuclear renaissance has taken place. This is also due to the fact that nuclear energy does not emit GHG. Although the nuclear fuel offers a virtually limitless source of economic energy, it is only so if the nuclear fuel is reprocessed and recycled. Consequently, the fuel cycle is to be even more of paramount important in the future. The infrastructure of the fuel cycle services worldwide has been adequately available. Various International Initiatives to access the fuel cycle services are also offered. However, it is required to put in place the International Arrangements to guaranty secured sustainable supply of services and its peaceful use. Relevant international co-operations are central for proceeding with the utilization of nuclear energy, while this advantageous nuclear energy utilization relies on the fuel cycle services. It is therefore concluded that the fuel cycle services are the heart of nuclear energy, and the international nuclear community should work together to maintain the availability of this nuclear fuel cycle services timely, sufficiently, and economically.