Urenco 1970-2020: From Treaty of Almelo to Atom Ausstieg
|Classification||1.01.8.30/69 (URENCO/UCN ALMELO - GENERAL)|
|Remarks||Also available in in Dutch.|
From the publication:
On March 4, 1970, the Treaty of Almelo was signed ‒ an agreement between the Netherlands, the United Kingdom and West Germany on setting up a company with the aim of enriching uranium: Urenco. The origin of uranium enrichment is military and until then enrichment was primarily the monopoly of the United States and Soviet nuclear-weapon states. Now, 50 years later, Urenco is a major player on the world market. But those 50 years did not go smoothly and even now the company is under pressure: not only because of the slowdown in the growth of nuclear energy, resulting in large overcapacity in the enrichment market and a shrinking order portfolio, but also due to the German Atom Ausstieg and the decline of nuclear energy in Urenco’s traditional market: Western Europe This paper describes the development of uranium enrichment and the turbulent history of Urenco. It further analyzes current issues regarding Urenco and its uncertain future.