A draft updated Integrated Resource Plan (IRP) approved by South Africa’s cabinet on 22 August sees the country’s nuclear capacity remaining at its current 1830 MWe over the period to 2030. Energy Minister Jeff Radebe yesterday released the plan for public comment. Under IRP 2018, coal would represent 46% of South Africa’s installed capacity mix, …
Kyushu Electric Power Co may start restricting third-party supplies of solar energy after it restarts a fourth nuclear reactor, the company said on Wednesday, underscoring the risks to a government push to boost renewable energy. Japan’s fifth-biggest utility by sales plans to restart the No. 2 reactor at its Sendai station later on Wednesday, giving …
What’s the ultimate contrarian play right now? High street retailers? Gold stocks? Emerging markets? There’s another candidate… Now in the 11th year of a bear market, uranium remains one of the most detested metals around. Having hit $137 back in 2007, its price tag drifted below $20 per pound in 2017. Things have got so …
Spanish spot power prices are set to remain strong this week as nuclear outages in France continue to underpin power markets. Baseload power for Monday and Tuesday settled at EUR 66.56/MWh and EUR 67.67/MWh, respectively, compared to last week’s average of EUR 65.25/MWh. Spanish day-ahead prices could average EUR 65.71/MWh this week, according to Energy Quantified …
The availability of Sweden’s nuclear power plants could drop to 33% of installed capacity next week, due to outages at up to five of the country’s eight reactors, according to the latest data on Tuesday. Forsmark 2 (1,123 MW) and Oskarshamn 3 (1,445 MW) are offline for annual maintenance until 18 September, while Ringhals 4 …
Ecology minister’s sudden resignation puts spotlight on controversial power source. France produces almost three-quarters of its electricity from nuclear power. That didn’t sit well with Ecology Minister Nicolas Hulot, who abruptly quit his post after he “failed to convince” the government in questioning the use of atomic energy. President Emmanuel Macron, aiming to boost renewables as he prepares an energy-policy …
The dominant power producer Slovenské Elektrárne has completed a successful cold hydraulic test of the third unit of the Mochovce Nuclear Power Plant. The test is one of the crucial parts of the nuclear power plant commissioning process. “It is a key milestone that confirmed the functioning of all tested components and took us closer …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce the appointment of Ms Sybil Veenman and Ms Karri Howlett to the Company’s Board of Directors. Leigh Curyer, Chief Executive Officer, commented: “On behalf of the Executive and Board of NexGen we are very pleased to welcome Ms Veenman and Ms …
The Kudankulam Nuclear Power Plant (KNPP) is one of the largest nuclear power station in India. It is scheduled to have six VVER-1000 reactors with an installed capacity of 1,000 MW each. The Unit 1 of the plant was synchronised with the southern power grid in October 2013 and is generating electricity. The second Unit …
Russia’s state civil nuclear power corporation Rosatom has started to load nuclear fuel at the fourth power unit of the Tianwan Nuclear Power Plant in China, Rosatom said in a statement on Saturday. “On August 25, 2018, at 7:20 p.m. (2:20 p.m. Moscow time), the first fuel assembly was loaded into the active zone of …