Vattenfall ends nuclear fuel deliveries from Russia, citing Ukraine conflict

Swedish utility Vattenfall AB said Feb. 24 it will not take planned deliveries of fuel from Russian to its nuclear power plants until further notice, citing Russia's military operations in neighboring Ukraine.

The government-owned utility will also not place any new orders from Russia to fuel its nuclear power facilities until further notice. The decisions will not affect the operation of the company's nuclear plants, Vattenfall said in a Feb. 24 announcement.

"Our procurement strategy is based on having multiple suppliers from different countries, in order to safeguard our independence and security of supply to our nuclear power plants," Vattenfall said, adding that it has plans to manage possible irregularities in the supply.

In addition to Russia, Vattenfall sources its uranium supplies from Australia, Canada, Kazakhstan and Namibia, according to the company's website. Vattenfall owns 10 nuclear reactors, five of which are in commercial operation. Seven reactors are located in Sweden and three in Germany.

In 2020, nuclear generation represented around 30% of Sweden's electricity production, according to Vattenfall.