IAEA, Russia sign agreement on uranium transportation to Kazakhstan

International Atomic Energy Agency and the Russian Federation have signed Sept. 17 an implementing agreement on the transportation of low enriched uranium (LEU) and equipment necessary for the functioning of the IAEA’s LEU Bank in Kazakhstan, RIA Novosti reported. The agreement has been signed by Oleg Kozin, Deputy General Director for Logistics of Techsnabexport JSC, …

Rosatom plans to commission two units at Xudabao NPP in China in 2027-2028

Russia’s state-run nuclear corporation Rosatom plans to commission the third and fourth power units of Xudabao nuclear power plant (NPP) in China in 2027-2028, Chief Executive Officer Aleksei Likhachev said at the Eastern Economic Forum. “The plan is to shift to the generation stage already in 2027-2028,” he said, adding that the Russian company is …

French Orano opens uranium conversion plant despite glut

French nuclear group Orano on Monday inaugurated a 1.15 billion euro (1.02 billion pounds) uranium conversion plant despite huge global overcapacity for nuclear reactor fuel. State-owned Orano’s new plant in Tricastin, southern France, will account for a quarter of the world’s 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 …

New IAEA Energy Projections See Possible Shrinking Role for Nuclear Power

Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power …

KHNP Accelerates Bid to Export Nuclear Power Abroad On Its Own

Under stewardship of President Chung Jae-hoon, who took office in April, Korea Hydro & Nuclear Power (KHNP) is accelerating efforts to export nuclear power plants abroad on its own. KHNP, the nation’s sole nuclear power operator, met with President Cosmin Ghita of the state-owned energy producer Nuclearelectrica of Romania in Gyeongju in early July to …