If you like to dabble in commodity markets, here’s a treat for you. It’s a great chart from Macquarie Bank that shows where individual commodities sit in their price cycle – at least based on Macquarie’s opinion – providing investors a guide as to what commodities are likely to be hot, and not, over the …
Emirates Nuclear Energy Corporation hails major construction milestone at Barakah Nuclear Energy Plant The Emirates Nuclear Energy Corporation (ENEC) has announced the completion of the reactor containment building dome for Unit 4, the final unit of the Barakah Nuclear Energy Plant, located in the Al Dhafrah region of Abu Dhabi. The unit’s reactor coolant loop …
Kansai Electric Power Co. has started work to load nuclear fuel into reactor 4 at its Oi nuclear plant in Fukui Prefecture. The operation, which started Sunday, to place 193 uranium fuel assemblies in the reactor is to be completed by Wednesday. Kansai Electric aims to restart the reactor sometime in mid-May. According to the …
The Narendra Modi government, which had set the ambitious 63,000 MW nuclear power capacity addition target by the year 2031-32, has cut it down to 22,480 MW, a Lok Sabha answer has revealed. “With the completion of the under construction and sanctioned projects, the total nuclear power installed capacity in the country will reach 22480 MW… by the year …
Turkey reported the construction start of its first nuclear power plant to the IAEA’s Power Reactor Information System (PRIS) this week. The first safety-related concrete was poured for unit 1 of the Akkuyu nuclear power plant on 3 April, following the granting of the construction licence by the regulatory body, the Turkish Atomic Energy Authority …
An agreement recently reached between Japan Atomic Power Co. and six municipalities in Ibaraki Prefecture concerning the Tokai No. 2 nuclear plant highlights the sensitivities in the relationship between power companies and local governments in areas where nuclear power facilities are located. For the first time as a nuclear power plant operator, Japan Atomic Power …
ANKARA (Reuters) – Turkey’s TAEK atomic energy authority on Monday granted Russian builder Rosatom a construction license to start work on the first unit of the Akkuyu nuclear power plant, the state-run Anadolu news agency said. The grant comes a day before a visit by Russian President Vladimir Putin to Ankara, where Putin and Turkish …
The same construction milestone – installation of the reactor pressure vessel (RPV) – has been reached at unit 4 of the Vogtle nuclear power plant in the US state of Georgia and at unit 5 of the Hongyanhe plant in China’s Liaoning province. The RPV was lifted into its permanent location in Vogtle 4’s nuclear …
Keeping the Pickering nuclear plant open and operating until 2024 makes economic sense, says a new report sponsored by Ontario Power Generation. The study, released Tuesday by the Ontario Chamber of Commerce and the Canadian Centre for Economic Analysis, says the move would add a total $12.3 billion to Ontario’s GDP and support 7,600 jobs …
Georgia Power announced today the placement of the nuclear reactor vessel inside Unit 4 containment at the Vogtle nuclear expansion project near Waynesboro, Georgia. Standing 35 feet tall, the reactor vessel functions as a heat source from the nuclear fission process to produce steam that will generate electricity for homes and businesses throughout Georgia. The …