Research on risk management and control strategy of uranium resource procurement in China

ABSTRACT

As the scale of nuclear power in China continues to expand, the problem of external dependence on uranium resources has become more and more prominent. The guarantee of uranium resources is facing great risks, especially the procurement risks. Therefore, the procurement risks of uranium resources based on the analytic hierarchy process and fuzzy comprehensive assessment method from multiple perspectives is analyzed in this paper. The results show that the risk values of target region selection, supplier selection and uranium mining are 73.6, 71.3 and 71.8 respectively, which are the main risks. The risk values of procurement contract and procurement cost are 69.3 and 67.5, which are relatively low. They can be regarded as the secondary risks. In addition, the countermeasures of uranium resource procurement risk are put forward from six aspects including risk mitigation, risk prevention, risk transfer, risk avoidance, risk retention and risk backup measures. It is helpful to guide the risk management of China’s uranium resources in procurement and transportation activities

KEYWORDS:

• Uranium resources
• procurement risk
• analytic hierarchy process
• fuzzy comprehensive assessment method
• nuclear power development

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Funding

The authors gratefully acknowledge the financial support of the National Key R&D Program of China (2020YFB1707802) and (2019FR002) Fundamental Research Funds for the Central Universities (2019FR002).

Notes on contributors

Xiaopeng Guo

Xiaopeng Guo is a professor of the North China Electric Power University. His research interests are centered on energy economy and supply chain management.

Xinyue Zhang

Xinyue Zhang is a doctor of the North China Electric Power University. Her research interests are centered on energy policy and energy market mechanism.

Dongfang Ren

Dongfang Ren is a teacher of the North China Electric Power University. Her research interests are centered on energy economy and low carbon development.

Kai Lin

Kai Lin is an engineer of Ningbo Port International Logistics Company. His research interests are centered on low carbon development and carbon footprint.