Uranium decreased 8.70 USD/LBS or 11.92% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Global price of Uranium (PURANUSDM) from Jan 1990 to Feb 2025 about uranium, World, and price.

In December 2024, the global average price per pound of uranium stood at roughly 60.22 U.S. dollars. Uranium prices peaked in June 2007, when it reached 136.22 U.S. dollars per pound. The average annual price of uranium in 2023 was 48.99 U.S. dollars per pound. Global uranium production Uranium is a heavy metal, and it is most commonly used as a nuclear fuel. Nevertheless, due to its high density, it is also used in the manufacturing of yacht keels and as a material for radiation shielding. Over the past 50 years, Kazakhstan and Uzbekistan together dominated uranium production worldwide. Uranium in the future Since uranium is used in the nuclear energy sector, demand has been constantly growing within the last years. Furthermore, the global recoverable resources of uranium increased between 2015 and 2021. Even though this may appear as sufficient to fulfill the increasing need for uranium, it was forecast that by 2035 the uranium demand will largely outpace the supply of this important metal.

Global demand for uranium was forecasted to reach 240 million pounds of U3O8 by 2035. While demand will be growing constantly, supply of uranium was expected to drop over time. It was forecasted that new assets will be required to fill that supply gap.

Nuclear Energy Index decreased 2.51 USD or 9.38% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Nuclear Energy Index.

Prices for Nuclear Energy Index including live quotes, historical charts and news. Nuclear Energy Index was last updated by Trading Economics this March 26 of 2025.

This graph shows nuclear plant costs in the U.S. from 2002 to 2016 in U.S. dollars per megawatt-hour, broken down by cost type. Operating costs accounted for the majority of all costs for the entire period, and totaled 20.43 U.S. dollars per megawatt hour in 2016.

Nuclear electricity generated in the United States cost 30.92 U.S. dollars per megawatt-hour in 2022. Production costs were highest in 2012, when they came to 51.22 U.S. dollars in 2022 prices, but have decreased ever since. Some 775 terawatt-hours of electricity is generated by U.S. nuclear plants every year. Capacity factor of nuclear power Among all the U.S. energy sources, nuclear power has by far the highest capacity factor and is dependable and efficient. In 2023, nuclear power reactors generated more than 93% of the electrical energy that could have been produced at continuous full power operation in 2023. Outage patterns and maintenance of nuclear plants Despite having a high capacity factor, nuclear plants experienced peak average daily outages of nearly 22 gigawatts in April and October of the last few years. These outages, planned for low-demand periods, reflect necessary refueling and maintenance. As of October 2023, the average duration of these refueling outages was 35 days, illustrating the balance between high operational efficiency and periodic maintenance required to sustain reliable performance.