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 …
The Bulgarian Nuclear Regulatory Agency said it has received an application requesting the issuance of a permit for the use of Westinghouse-manufactured VVER-1000 fuel in unit 5 of the country’s Kozloduy nuclear power plant. Westinghouse has signed a decade-long contract to supply fuel for the reactor. The regulator said the application submitted by the plant …
India has imported just over 7600 tonnes of uranium in the past three years, mostly from Kazakhstan and Canada, according to official figures released by the government. Minister of State Jitendra Singh provided the data, as well as figures for domestic uranium production, and updates on nuclear construction projects, in written answers to questions in …
Belgium may extend the life of its nuclear sector, deferring an exit planned for 2025 after the Russian invasion of Ukraine forced a rethink by the governing coalition. Energy minister Tinne Van der Straeten presented a note to core cabinet members on Wednesday, which broadcaster RTBF said referred to a bill to be approved by …
Dive Brief: Public Service Enterprise Group (PSEG) has completed the sale of its fossil fuel generation portfolio, including 6,750 MW in New Jersey, Connecticut, Maryland and New York. That leaves the company more than 90% regulated and focused on reaching net-zero emissions by 2030, company leaders said Thursday during PSEG’s Q4 2021 earnings call with analysts. PSEG is now focused on “clean …
Matsue, Shimane Pref., Feb. 15 (Jiji Press)–Matsue Mayor Akihito Uesada on Tuesday indicated his consent to the restart of an idled nuclear reactor in the capital of Shimane Prefecture, western Japan. Attention has now shifted to whether the Shimane prefectural assembly and the Shimane governor will approve the restart of the No. 2 reactor at …
Clarington, ON – The Canadian Nuclear Safety Commission has announced its decision to renew Ontario Power Generation’s (OPG’s) existing Site Preparation Licence for the Darlington New Nuclear Project. “OPG has the experience and expertise to lead the way on this next generation of clean energy, and we look forward to having an SMR in place in …
Exelon Generation is now hiring hundreds of employees and investing hundreds of millions of dollars to prepare Byron and Dresden for long-term operations Now that the Illinois General Assembly has passed sweeping clean energy legislation preserving its nuclear plants, Exelon Generation is moving quickly to fill 650 vacant positions across the state and jumpstart more …
Top uranium miner Kazatomprom said it may supply the metal to Sprott, the investment firm whose aggressive bets on the market have helped drive a surge in prices. “We already started talks with Sprott,” Askar Batyrbayev, chief commercial officer of the Kazakh producer, said in an interview. “A lot of financial players” are increasingly interested …
Summary Uranium is the critical commodity for nuclear energy production, and it is hot in the news recently. The market lives in a perpetual mining supply/utility demand imbalance and relies on non-conventional, secondary supply to survive. Recently Sprott Physical Trust entered the market and generated chaos with frenetic buy. With the proper government backing, the …
