How does heavy water help CANDU reactors use natural uranium fuel?

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In CANDU (Canada Deuterium Uranium) reactors, heavy water serves as a moderator that allows the system to utilize natural uranium as fuel.1

Unlike other reactor types that may require enriched fuel, the CANDU design uses heavy water because it is highly effective at slowing down neutrons to the speeds necessary to sustain a fission chain reaction while absorbing very few of them. Because heavy water captures neutrons only slightly, it preserves the neutron economy of the reactor, making it possible to maintain a chain reaction using the lower concentration of fissile material found in natural uranium. This design choice allows countries to operate nuclear power plants without relying on foreign uranium enrichment services.231