Australia’s energy crisis has deepened, with everyday families currently paying prices more expensive than just about anywhere in the world. Prime Minister Scott Morrison last week made it one of his government’s priorities to lower our bills. But to do so, he says he may have to take provocative action, including overturning the current ban …
Hitachi Ltd. and General Electric Co. (GE) of the United States are planning to jointly develop a new type of small nuclear reactor, The Yomiuri Shimbun has learned. They will be small modular reactors, a next-generation type being developed in the United States and other countries. The two companies aim to start commercial use of …
The initial public offering of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its equity in London and the …
China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel. “Li said the two countries could boost cooperation in technology and innovation and …
Russian President Vladimir Putin and the president of Uzbekistan have agreed that Russia will build the ex-Soviet republic’s first nuclear power plant. During Putin’s visit to the Uzbek capital of Tashkent on Friday, he and President Shavkat Mirziyoyev ordered the start of preliminary work at the future plant’s construction site. The plant in the Navoi …
There’s been growing talk around uranium and its potential for a comeback. Over the last month and a half, uranium spot prices have been balancing around a two-and-a-half-year high, rising by 30% from April according to the Financial Times report. Changes from some of uranium’s largest producers have been a major driver behind the price …
In the wake of a “terrifying” new report on climate change, environmentalists will rally in Munich, Germany this Sunday to — in a twist — demand a halt to nuclear plant closures, which they say are increasing air pollution and locking-in fossil fuels. Over the last year, environmentalists have faulted Germany for abandoning its 2020 climate goals, bulldozing an ancient …
Russia is interested in participating in projects on completion of Mochovce nuclear power plant (NPP) extension and poissble construction of new power units for Bohunice NPP, Russian Minister of Industry and Trade Denis Manturov said at the meeting with Prime Minister of Slovakia Peter Pellegrini on Monday. “Russia is a reliable supplier of nuclear fuel for nuclear …
Russian President Vladimir Putin and his Uzbek counterpart Shavkat Mirziyoyev will launch the construction of an $11 billion Russia-designed nuclear power station in Uzbekistan on Oct. 19, Kremlin aide Yuri Ushakov said on Tuesday. He said the first block of the station could be commissioned in 2028. Speaking during a visit to Uzbekistan, Ushakov also …
The UK government has provided an update on its position regarding Euratom and its policy on climate change in the event it does or does not secure a deal with the European Union on Brexit. It said the UK would “have all the international agreements that the UK requires to ensure uninterrupted cooperation and trade …