Weekly uranium prices would still need to rise around 68% to reach a record high Uranium prices have climbed to their highest level in more than 15 years, prompting investors to take notice, as analysts point out the obvious signs that the big rally in the sector was years in the making. Weekly spot uranium …
After warning Switzerland over two years ago, the International Atomic Energy Agency (IAEA) recommends the authorities develop a roadmap to deal with the impending problem of labour shortage in Swiss nuclear power plants. Switzerland’s existing nuclear power plants are on the verge of having their lifetimes extended from 50 to 80 years. But now a …
A consortium led by Hyundai Engineering & Construction has been selected by Korea Hydro & Nuclear Power (KHNP) as the contractor for the construction of the main facilities at units 3 and 4 of the Shin Hanul nuclear power plant. The winning bid – from a consortium comprising Hyundai E&C, Doosan Enerbility and Posco E&C …
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 …
Sweden’s parliament has approved a bill that will clear the way for new nuclear power in the country by removing the current limit on the number of nuclear reactors in operation, as well as allowing reactors to be built on new sites. The amendment will enter into force on 1 January. The Riksdag voted in …
“Unit-7 of Rajasthan Atomic Power Project (RAPP) 7&8, the third reactor in the indigenous 700 MW series, achieved a major milestone of successful completion of Hot Conditioning of the Primary Heat Transport (PHT) system on Nov. 30,” the Nuclear Power Corporation of India Limited (NPCIL) said in a statement. India’s third home-built 700 MW nuclear …
Represents a major step toward realizing the Continent’s first SMRs Ontario Power Generation (OPG) announced it is partnering with companies from Canada, the U.S., and France to ensure a fuel supply for the first unit of its four-unit Darlington New Nuclear Project. The historic arrangements signal a strengthening nuclear fuel supply chain and the self-sufficiency …
New large-scale atomic power plants are still in demand in the US as utilities brace for growing calls to provide low-carbon energy generation, according to the head of nuclear-technology giant Westinghouse Electric Co. New nuclear energy projects have been expanding in China, and are making a comeback in Europe, Canada and other regions as the …
French nuclear operator EDF announced on Tuesday it was signing a series of cooperation agreements with Canadian, Czech, Indian and French partners to secure local supply chains and suppliers essential for future nuclear projects. EDF signed a letter of intent with Ontario Power Group (OPG) at the World Nuclear Exhibition in Paris to launch a …
French nuclear operator EDF aims to build at least one large reactor a year during the 2030s, CEO Luc Remont said at the World Nuclear Exhibition in Paris on Tuesday. The company is working on the construction of six new EPR2 reactors in France, two new EPRs in Britain at the Sizewell site, as well …