Enrichment services provider Urenco “needs to see action” behind ambitious plans and announcements by western governments on increasing installed nuclear capacity, according to the company’s chief executive Boris Schucht.

Schucht told a meeting with journalists in Brussels that “clear signals” to the industry on what the demand scenarios might be would help facilitate enrichment services delivery.

Future demand for nuclear fuel and related enrichment services could come from two sources – new-build deployment, with proposed conventional or advanced reactors across Europe and North America coming online in the 2030s, and a strategic supply shift away from Russian fuel imports for existing and future fleets.