U2Energy is dedicated to building a cleaner, smarter future by paving the way for recycling spent nuclear fuel into affordable, reliable green power by utilizing a free market economy for electricity markets. Instead of treating used fuel as waste, we are strong proponents for recycling spent nuclear fuel rather than disposing of it geologically. This slightly used nuclear fuel (SUNF) still contains 97% to 99% of usable nuclear material that can be utilized in Generation V fast reactors for energy production, thereby reducing disposition needs and unlocking a significant energy potential. Our work aims to provide low-carbon and low-cost electric power to the entire US for centuries to come by recycling just the existing SUNF and thus ensuring reliability, scalability, and sustainability for the electricity markets. At U2Energy, we believe innovation should benefit both people and our planet, and we’re committed to delivering cleaner power with less waste, lower costs, and a brighter energy future.
Our Mission
Our Vision
U2Energy advances the national adoption of recycling SUNF, utilizing existing fast reactor technology to generate electricity for the entire US for centuries to come within a competitive, free-market economy.
U2Energy envisions a future where SUNF is being recycled using fast reactor technology, providing abundant and affordable electricity.
Why U2Energy?
Slightly Used Nuclear Fuel (SUNF), commonly referred to as nuclear waste, consists of 96% uranium that cannot be converted into energy by current nuclear reactors. New reactor designs can do this, making "Uranium to Energy" the only viable way to recycle almost all SUNF.
About U2Energy
Our Three Pillars
A free market economy approach to electricity production
A utility-controlled, government-subsidized electricity market no longer serves the interests of consumers or industry. Electric utilities do not refer to electricity users as customers but rather as ratepayers, given their monopoly status. U2Energy supports a true free-market approach—one where subsidies are unnecessary, and competition naturally drives electricity prices down. The United States currently holds more than 93,000 metric tons of slightly used nuclear fuel (often labeled as “nuclear waste”), yet that material contains enough energy to power the entire country for centuries at costs of pennies per kilowatt-hour. By recycling this unused resource, U2Energy enables the production of clean, reliable, and extremely low-cost electricity. In a free market, where SUNF holds 50,000,000 times more energy than the same amount of coal.
Production of critical materials for industrial applications
After uranium has been recycled into energy, a substantial number of critical materials are produced as fission products, with an intrinsic value of several trillion U.S. dollars. These materials include platinum-group metals, such as rhodium and palladium, as well as rare-earth elements and others. Even the so-called “waste” from Slightly Used Nuclear Fuel (SUNF) contains enormous value for industrial applications. Some of these elements require a period to “cool down” to background radiation levels, which may take several decades—a relatively short timeframe considering that the production of critical materials will continue for centuries.
Uranium to energy for pennies per kilowatt hour
U2Energy is dedicated to transforming how the world views so-called nuclear waste - what we call Slightly Used Nuclear Fuel (SUNF). Today’s second-generation nuclear power plants use only 1–3% of available fuel, leaving 97–99% of their energy potential untouched. It’s like eating only part of the peel of an apple and throwing away the rest. Modern fifth-generation reactors can harness nearly all of that remaining energy, primarily uranium, producing up to 100 times more electricity than current second-generation power plants. A nationwide deployment of these advanced nuclear reactors could drive electricity costs down to pennies per kilowatt-hour, roughly 10 to 50 times lower than today’s prices. For consumers, that means a $100 power bill could shrink to just $2–$10 per month. At that rate, the existing supply of SUNF in the U.S. represents somewhere between $10 to $100 trillion in clean, affordable electricity for centuries to come.
The Founders
Steven Curtis
CHIEF TECHNICAL OFFICER
Dr. Oliver Hemmers
PRESIDENT/CEO