A “solid group” of 10-12 countries building nuclear power plants for the first time will emerge in the next decade, International Atomic Energy Agency Director General Rafael Mariano Grossi told OECD Nuclear Energy Agency Director General William Magwood in a WebChat last week. Bangladesh, Belarus, Egypt, Turkey and the UAE are among the nuclear newcomers, …
Commentators believe demand for local major exports will likely increase as the country pins its hopes on international trade and world output to recover from a disastrous 2020. According to Postrick Mushendami, deputy director of macro models and financial stability at the Bank of Namibia, the global economy is projected to rebound by close to …
Miner predicts uranium price could soar as supply deficit grows in coming years At current prices ‘there is no incentive to build new mines’ Uranium supply shortfall could reach 50 million pounds this year Uranium prices could triple to $US100 per pound (A$140/pound) on a looming supply crisis for the generation fuel just as a …
Uranium miners have been battered for years by low prices, but market forces and policy changes could push companies to consolidate. Hundreds of uranium companies around the globe shut down in the face of low prices over the past decade, and there is widespread agreement that the number needs to be even lower. “Of the …
Cold functional testing has been completed at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province, China National Nuclear Corporation (CNNC) has announced. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021. Cold functional tests are carried out to confirm whether components and systems important to safety …
Fuel assembly loading activities at Fuqing nuclear power plant, China’s first nuclear facility using Hualong One technology－a domestically developed third-generation reactor design－are expected to accelerate China’s nuclear power construction despite the impact of COVID-19, said insiders. China National Nuclear Corp recently announced that it has begun to load fuel at the No 5 nuclear power …
Unplanned nuclear outages in South Korea have increased the country’s reliance on coal and gas-fired power generation this month, but the potential return of capacity in early October and a less onerous reactor maintenance schedule is set to curb fossil fuel demand in the near term. Five South Korean nuclear reactors with combined capacity of …
Exelon Corp. is taking its Byron Unit 2 nuclear station offline for a nearly three-week planned outage to refuel. The 33-year-old Unit 2 is being taken offline early in October for 19 days of maintenance, refueling and upgrades. The workforce employed on the project includes 700 employees of owner Exelon as well as 1,200 additional …
FUZHOU, Sept. 4 (Xinhua) — Fuel loading started Friday at China’s first nuclear power unit using Hualong One technology, a domestically developed third-generation reactor design, bringing the unit one step closer to operation. The loading started at 3:30 p.m. at the No. 5 nuclear power unit in the city of Fuqing, east China’s Fujian Province, …
The future of nuclear power in China is promising, Zheng Mingguang, Chief Engineer at China’s State Power Investment Corporation (SPIC) told World Nuclear Association’s Strategic eForum 2020yesterday. He believes both the use of large and small-scale reactors will find applications in China beyond just electricity generation. Speaking during the high-level panel Driving investment towards nuclear projects, …
