France postpones target for cutting nuclear share of power production

PARIS (Reuters) – The French government has postponed a long-held target to reduce the share of nuclear energy in the country’s power production after grid operator RTE warned it risked supply shortages after 2020 and could miss a goal to curb carbon emissions. Environment Minister Nicolas Hulot said on Tuesday it was not realistic to …

Uranium’s Time is Now!

Fundamentals Signal a Looming Spike in the Price of Uranium Exclusive to Sightline|U3O8 – Analysts and miners alike are predicting a smooth and steady comeback in uranium prices over the next 12-36 months… a prudent and conservative outlook.  The reality, however, is that uranium prices have never moved quietly or slowly. After sitting at a price …

Russia Signs Agreement With Nigeria for Nuclear Power Plant

Russia has signed agreements with Nigeria to build and operate a nuclear power plant in the oil-rich West African nation that has a deficit of reliable power and faces security challenges by Islamist militants in the far northeast. Feasibility studies for the plant and a research center construction will include site screening, capacity, financing, and …

Argentina to start building two new nuclear reactors in 2018

ABU DHABI, Oct 31 (Reuters) – Argentina plans to start building two new nuclear reactors next year, a government official said on Tuesday. The South American country already generates about 5 percent of its electricity with three heavy water nuclear reactors, two German-built and one Canadian, with combined capacity of 1,600 megawatts (MW). A new …

Egypt expects to finalise contracts for nuclear power plant by end-2017

CAIRO, Oct 31 (Reuters) – Egypt expects to finalise contracts before the end of 2017 for its first nuclear power plant with 4,800 megawatt (MW) capacity, Electricity Minister Mohamed Shaker said on Tuesday. Egypt signed an agreement in November 2015 for Russia to finance building and operating the plant. Egypt’s official gazette said last year …

IAEA Ministerial Conference on Nuclear Power in the 21st Century Opens in Abu Dhabi

The IAEA’s International Ministerial Conference on Nuclear Power in the 21st Century opened today in Abu Dhabi, United Arab Emirates, with around 700 participants from 67 IAEA Member States and five international organizations set to explore the role of low-carbon nuclear power in the world’s future energy mix. “All countries – both developed and developing – need …