US power companies are apparently urging the Biden admin NOT to sanction uranium imports from Russia, which they see as crucial for maintaining domestic electricity prices at a manageable level. (Reuters)
The US National Energy Institute, a trade group of US nuclear power generation companies, including two of the largest US utilities, Duke Energy Corp and Exelon Corp, is reportedly lobbying the White House.
Uranium is essential for electricity production at nuclear power plants and nearly half material powering American facilities comes from Russia and its neighbours Kazakhstan and Uzbekistan.
The US National Energy Institute, a trade group of US nuclear power generation companies, including two of the largest US utilities, Duke Energy Corp and Exelon Corp, is reportedly lobbying the White House.
Uranium is essential for electricity production at nuclear power plants and nearly half material powering American facilities comes from Russia and its neighbours Kazakhstan and Uzbekistan.
