Uranium is a radioactive actinide metal that is widely known as the fuel for nuclear power plants. It is an atom with 92 protons and 92 electrons that melts at approximately 1132°C.[1] It was first discovered by a German chemist, Martin Heinrich Klaproth in 1789 in a mineral pitchblende. Although it is a metal, uranium is …
It comes as no surprise that global energy demands are on the rise, with a 2.3% increase observed in the last year alone—nearly twice the average annual rate of growth since 2010. According to the International Energy Agency (IEA), although there was an increase in demand for all types of fuels, fossil fuels such as natural gas, …
Reliable and affordable energy solutions require a mix of sources from renewables to nuclear, which may include inland and offshore small modular reactor solutions. Speaking during a PowerGen track at the African Utility Week conference, Dmitry Shornikov, CEO of Rosatom Central and Southern Africa highlighted the reliability and versatility of small modular nuclear power plants …
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and …
The European Union will need to continue having a nuclear energy share of at least one-quarter until 2050 to meet the emissions reduction targets it has set for that year, according to a new report from Deloitte. The EU has set targets of reducing emissions by 40% compared to 1990 levels, and by up to …
The energy sector in the Middle East and North Africa will amass almost $1 trillion in investment over the next five years, as countries build out energy capabilities and pivot to renewables, according to new research. The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank with around $7 billion in total assets, provides an …
The Nuclear Energy Leadership Act (NELA), bipartisan draft legislation which aims to accelerate the development of advanced nuclear technologies and re-establish US leadership in nuclear energy has been re-introduced to the US Senate. NELA was submitted on 27 March by a group of 15 senators led by Senator Lisa Murkowski of Alaska. It was previously …
Amid a Europe-wide debate over the future of nuclear power in a renewable energy future, Spain has rolled out a schedule to close its seven nuclear power plants. This move comes as the government proposes an ambitious clean energy plan to shift away from fossil fuels completely by 2050. Spain’s main electricity providers have reached …
It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …
The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London today. The acceleration in global sales of electric vehicles (EVs) over the past six years is a key litmus test signalling the reality of this shift, the CEO of Bannerman Resources said. …