A nuclear fuel bank is a proposed approach to provide countries access to enriched nuclear fuel, without the need for them to possess enrichment technology. The basic concept is that countries who do have enrichment technology would donate enriched fuel to a "bank", from which countries not possessing enrichment technology would obtain fuel for their power reactors.
The concept of providing an assured supply of nuclear fuel and thus avoiding the need for countries to build indigenous nuclear fuel production capability has long been proposed as a way to curb the proliferation of nuclear weapons and, eventually, eliminate them altogether. Austria, Russia, the European Union, the United States, and others have supported various concepts of an international fuel bank. Many non-nuclear-weapon states have been reluctant to embrace any of these proposals for varying reasons.
Read more about Nuclear Fuel Bank: Overview, Proposals, Recent Developments
Other articles related to "nuclear fuel bank, nuclear, fuel banks":
... The topic of a nuclear fuel bank was briefly mentioned by some members attending the Nuclear Security Summit (2010), a summit being held in ... on how to better safeguard weapons-grade plutonium and uranium to prevent nuclear terrorism ... said the Obama Administration has supported international fuel banks but that "this issue will come up at the May NPT Review Conference, but this is not the focus of" the Nuclear Security Summit ...
Famous quotes containing the words bank, nuclear and/or fuel:
“A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (1829–1912)
“Language is as real, as tangible, in our lives as streets, pipelines, telephone switchboards, microwaves, radioactivity, cloning laboratories, nuclear power stations.”
—Adrienne Rich (b. 1929)
“The particular source of frustration of women observing their own self-study and measuring their worth as women by the distance they kept from men necessitated that a distance be kept, and so what vindicated them also poured fuel on the furnace of their rage. One delight presumed another dissatisfaction, but their hatefulness confessed to their own lack of power to please. They hated men because they needed husbands, and they loathed the men they chased away for going.”
—Alexander Theroux (b. 1940)