Korea, France and the U.S. Likely to Compete for Polish Nuclear Power Plant Project

Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project. The consortium of South Korea, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., …

France’s nuclear sector prepared to build new EPR reactors – EDF

PARIS, Nov 8 (Reuters) – France’s nuclear industry is prepared to construct additional third-generation EPR nuclear reactors within agreed costs and timelines should the government decide to do so, an official of state-owned utility EDF said on Monday. “The nuclear industry is transforming and will stand ready,” Alain Tranzer, a senior engineer in charge of …

UK nuclear fleet marks major milestone

The UK’s nuclear stations, run by EDF, reached a major milestone this week, clocking up 2000 terawatt hours (TWh) of zero carbon electricity – enough to power all the UK’s homes for more than 18 years. Since the oldest stations in the fleet first started generating in 1976 the eight sites across the UK have …

Georgia Power allowed to bill customers $2.1B for Plant Vogtle expansion

ATLANTA — Georgia’s utility-regulating agency voted unanimously Tuesday to let Georgia Power pass on to customers $2.1 billion of the costs of completing the first of two new nuclear reactors at Plant Vogtle. That figure, which will boost average residential customer bills by $3.78 a month, was set in an agreement the Atlanta-based utility and …

Nuclear Power Foundation of China’s Future Generation

China has its sights set on being the world leader when it comes to nuclear power technology. The country has brought its first Hualong One—a third-generation pressurized water reactor—online at the Fuqing plant in Fujian province, with its developers calling it a “strategic tool for the government to promote nuclear power technologies abroad.” China is …

Russia’s Rosatom Gets Go-Ahead from Turkey to Begin Construction of Fourth Unit of Akkuyu NPP

JSC Akkuyu Nuclear, a subsidiary of Russian nuclear conglomerate Rosatom, got the green light from Turkey’s Nuclear Regulatory Council to start construction work on the fourth power unit of the Akkuyu nuclear power plant (NPP) in southern Turkey. “Obtaining a license allows to start performing all construction and installation work on the unit, including nuclear …

Uranium Is an Investment in the Future

The Sprott Physical Uranium Trust (U.U) is up 45.7% since its July 19th inception. It is the largest physical uranium fund in the world and a convenient way for investors to get exposure to a substance that could be critical to the world in the years to come. Uranium has a fascinating history, but its present and future are …