Weekly uranium prices would still need to rise around 68% to reach a record high Uranium prices have climbed to their highest level in more than 15 years, prompting investors to take notice, as analysts point out the obvious signs that the big rally in the sector was years in the making. Weekly spot uranium …
Holtec’s Dual-Unit SMR-300 Small Modular Nuclear Plant in Perspective View Buoyed by the State of Michigan’s commitment to expand in-state carbon-free generation as well as by the broad-based federal, state, and community support for repowering the Palisades Nuclear Power Plant, we have started the program to build our first two SMR-300 reactor units at the …
France and around twenty other countries signed a pledge to ‘triple nuclear energy capacity from 2020 by 2050’ at Dubai’s COP28 international gathering on Saturday. This declaration, which is not legally binding, recognises “the key role of nuclear energy in achieving global net-zero greenhouse gas emissions/carbon neutrality by or around mid-century”, in line with the …
After warning Switzerland over two years ago, the International Atomic Energy Agency (IAEA) recommends the authorities develop a roadmap to deal with the impending problem of labour shortage in Swiss nuclear power plants. Switzerland’s existing nuclear power plants are on the verge of having their lifetimes extended from 50 to 80 years. But now a …
Leading Union (CDU/CSU) and FDP politicians want Germany to return to nuclear power. They argue that this would be the answer to the country’s budget crisis and the weakening condition of German industry, the Frankfurter Allgemeine Zeitung (FAZ) portal reported on Saturday. The politicians are demanding that recently shut-down reactors be restarted and that preparations …
A consortium led by Hyundai Engineering & Construction has been selected by Korea Hydro & Nuclear Power (KHNP) as the contractor for the construction of the main facilities at units 3 and 4 of the Shin Hanul nuclear power plant. The winning bid – from a consortium comprising Hyundai E&C, Doosan Enerbility and Posco E&C …
Much progress has been made over recent years in the representation of nuclear in national, regional and international debates on energy and the climate, speakers agreed at the opening session of the World Nuclear Exhibition (WNE) in Paris this week. “In my speech [to WNE] two years ago, I dared to say the following: ‘Nuclear power might …
Japan will stop building new unabated coal-fired plants as a measure to reduce greenhouse gas emissions, Prime Minister Fumio Kishida said in a speech at the COP28 climate conference in Dubai on Friday. “Japan will implement thorough energy conservation and intends to achieve maximum deployment of clean energy through making renewable energy as the main …
European Union increased imports from Russia of nuclear fuel and services for the bloc’s Russian-designed reactors again in 2023 compared to 2021, the year before Moscow invaded Ukraine, Euratom Supply Agency (ESA) said. While such imports are not subject to EU sanctions, the bloc aims to reduce its dependence on Moscow. Its overall imports from …
TerraPower and Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) announced today a memorandum of understanding (“MOU”) with objectives of reestablishing domestic supply chains of uranium fuel. This MOU will allow TerraPower and UEC to explore the potential supply of uranium for TerraPower’s first-of-kind Natrium™ reactor1 and energy storage system. The Natrium demonstration project, …
