U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …
Japanese imports of liquefied natural gas (LNG) in June fell to the lowest in more than two years as the country’s utilities switched on more nuclear reactors that had been shut in the wake of the Fukushima atomic disaster in 2011. Japan has six reactors operating and three others have passed safety inspections and could …
Saudi Arabia’s nuclear energy organisation is hosting a delegation from the intergovernmental International Atomic Energy Agency (IAEA) for a 10-day review of its nuclear plans The review comes as the kingdom pursues the building of at least two nuclear plants to help diversify its energy mix. It has been in talks with firms from South …
The electricity sector attracted the largest share of energy investments in 2017, sustained by robust spending on grids, exceeding the oil and gas industry for the second year in row, as the energy sector moves toward greater electrification, according to the International Energy Agency’s latest review of global energy spending. Global energy investment totalled USD 1.8 trillion …
The goal is to economize by using less gas and coal. Uzbekistan has said it has reached an agreement with Russia to jointly build a nuclear power plant, a development it says will help it economize on gas and coal. Opponents of the scheme, however, say the power station could pose a danger to the …
Construction work for Bangladesh’s second nuclear power plant will start soon with the Bangladesh Atomic Energy Regulatory Authority (BAERA) granting licence to the Bangladesh Atomic Energy Commission, said ASE Group of Companies, a part of Rosatom State Atomic Energy Corp (Rosatom). India will also participate in the Bangladesh nuclear power project in construction and installation work and supply …
Emirates Nuclear Energy Corporation (ENEC) said on Tuesday it has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear Energy Plant in the Al Dhafra region of Abu Dhabi. ENEC said it has successfully completed the concrete pouring, installation of the turbine generator, and the internal components of …
New Brunswick’s energy minister says he’d like to see another nuclear reactor built in the Maritime province. Rick Doucet said the development of small modular reactors could present a significant economic and export opportunity. “Canada and New Brunswick have an opportunity to become world leaders in the SMR technology and into bringing a clean, new …
The Nuclear Regulation Authority approved safety measures at the only nuclear plant in the Tokyo metropolitan area, but questions remain on whether its aging reactor can restart and if its operator will survive. At a July 4 meeting, the NRA concluded that Japan Atomic Power Co.’s measures to protect the Tokai No. 2 nuclear plant …
Safer reactors designed in the U.S. and Europe make their power grid debuts in China Nine years after construction began at China’s Sanmen nuclear power plant, the world’s first AP1000 unit has connected to the grid. Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a …
