S&P says coal and nuclear plants closures to boost prices Market volatile due to increased renewables EDF, Fortum, Verbund Statkraft, Uniper to gain European wholesale electricity prices could soar by around 30% by 2025 due to a recovery in gas and carbon emissions prices and the planned phase out of some coal and nuclear power …
Dual-listed Cameco remains on track to achieve its guidance for the full-year and has increased its revenue target for the year. According to CEO and president Tim Gitzel, the uranium company continues to demonstrate its resilience. During the third quarter, ended September 30, Cameco continued to deliver on its strategy, and further strengthened its balance sheet …
Saudi Arabia is in talks with five vendors, including US-based Westinghouse, to build its first nuclear power plant with two reactors, according to an energy ministry presentation. The other companies in the discussions are France’s EDF, Russia’s Rosatom, South Korea’s KEPCO and China National Nuclear Corp, according to the presentation, shown Wednesday at the Future …
The Philippines will prepare a detailed plan for the International Atomic Energy Agency (IAEA) on how it could embark on a nuclear power programme, its energy chief said on Wednesday, backing a push for the country to tap nuclear energy. “We are set to meet with the IAEA next month to discuss further collaboration efforts,” …
Another nuclear power plant in southern region, PM said. The Executive Committee of National Economic Council (Ecnec) on Tuesday approved a project to develop infrastructure for safety supervision of Rooppur Nuclear Power Plant (RNPP) involving Tk1,710.63 crore. Prime Minister Sheikh Hasina chaired the meeting held at Sher-e-Bangla Nagar in the capital. According to the project …
Tokyo Electric Power Company Holdings said on Monday it would provide financial support to Japan Atomic Power Co (Japco) to help it take safety measures needed to restart its Tokai Daini nuclear power plant near Tokyo. Late last year, Japan’s nuclear regulator approved an operations extension for the 40-year-old Tokai Daini reactor, which was damaged …
Monday marks the 50th anniversary of the Tarapur Atomic Power Station or TAPS as it is known. Located in the industrial area of Boisar in Maharashtra’s Thane district, TAPS was India’s first atomic power project when it began operations on 28 October, 1969. Launched under the Lal Bahadur Shastri government, TAPS relies on boiling water …
Brazil’s state nuclear power company Eletronuclear plans to complete its long-delayed Angra 3 plant by partnering with either China’s National Nuclear Corporation (CNNC), France’s EDF (EDF.PA) or Russia’s Rosatom, its president Leonam Guimaraes told Reuters. Eletronuclear will decide by the end of the year whether to create a subsidiary joint venture or if the foreign …
Russia has allocated $190 million to the infrastructure of Egypt’s Dabaa nuclear plant, Russian President Vladimir Putin announced Wednesday. During the Egyptian-Russian summit in Sochi, Putin said that Egypt and Russia cooperate in fighting against terrorism. The Russian president also referred to the trade cooperation between the two countries, the construction of the Russian Industrial …
Orano has just signed a contract worth almost €100 million with EDF to supply services for the nuclear power plants of Paluel (Seine Maritime), Civaux (Vienne) and Gravelines (Nord) until 2024, with an option of two additional years. In partnership with the companies Samsic and ARIS, Orano teams will be responsible for all industrial logistics …
