2030 Emissions Target Within Reach as Urenco Agrees to New Power Supplies
12 May 2025
Our U.S. site in Eunice, New Mexico, will receive around 20-25% of its electricity from renewable energy after we signed an agreement with supplier, Xcel. This will start delivery in August 2025.
We are also supporting the production of reliable, carbon-free, nuclear energy in the U.S., having agreed to a contract with Constellation, the nation’s largest producer of reliable, clean, carbon-free energy and a leading supplier of energy products and sustainable solutions through its licensed retail electricity and gas supplier affiliates. This provides us with emission-free energy certificates in an amount equal to our remaining U.S. power supplies, beginning in 2026.
At our enrichment site in Gronau, Germany, our existing agreement with supplier Axpo has been extended from 2024 through to 2032 and we will be supporting the production of solar, wind and hydro power through certificates.
Urenco’s goal is to reach net zero overall by 2040, reducing our scope 1 (direct) & 2 (from purchased electricity) emissions in absolute terms by 90% by 2030. We will also neutralise the remaining 10%.
As part of the 2030 target, all four of our enrichment sites have now secured a low-carbon supply of 100% of electricity under scope 2 and are therefore confirmed as Net Zero under GHG reporting protocols.
Urenco’s UK site in Capenhurst is already powered through a low-carbon electricity supply generated from nuclear.
Our Netherlands site in Almelo will have a nuclear-backed supply from 2027 onwards, receiving power from the country’s only nuclear plant in Borssele.
Head of Sustainability at Urenco, Rob Little, said:
“Urenco has four sites in four different countries, providing diversity and security of supply for the nuclear industry and helping to generate low-carbon electricity for the world through enriched uranium. This also means we face different challenges and opportunities as a business with regard to decarbonisation and net zero.
“Around two thirds of our global energy supplies are sourced directly from low-carbon assets, and while we are pleased to have successfully put in place decarbonised arrangements at Eunice and Gronau, which will strengthen nuclear and renewable energy provisions, it remains our ambition to move the remaining power volume from certificate arrangements to direct, low-carbon baseload supplies at all our sites, when the local markets allow for this.”
PICTURED: Managing Director John Kirkpatrick signs the Constellation agreement at Urenco USA with John Austin
