Russia will help Armenia extend the life of its nuclear power plant in Metsamor for another 10 years, according to the director of the station. Addressing a conference in Yerevan on the development of nuclear energy in Armenia on March 18, Movses Vardanian said that a working group is being set up jointly with the …
It serves as a critical support link powering the fuel needs of the country’s nuclear power programme Nuclear Fuel Complex is in the process of expediting the implementation of the Rs 4,200 crore second facility coming up at Kota in Rajasthan. The Hyderabad-based strategic PSU serves as a critical support link powering the fuel needs …
Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase …
Poland’s central bank will help the state to obtain 51 percent of the funds necessary to build the country’s first NPP, the bank’s governor has told the “Sieci” weekly. Adam Glapinski, governor of the National Bank of Poland, told the weekly on Monday: “At the start, let the Americans build six nuclear power plants here… …
South Korea’s state-run utility Korea Electric Power Corp. (Kepco) said Monday it has started a process to insert fuel rods into the second reactor in the Barakah nuclear plant of the United Arab Emirates (UAE). Kepco and the Emirates Nuclear Energy Corp. (ENEC) said they kicked off the process starting last week. South Korea completed …
Poland is considering the site of Europe’s largest coal-fired power station as a location for a nuclear plant, part of Warsaw’s ambitious reactor new-build programme, Piotr Naimski, secretary of state for strategic energy infrastructure, told local RMF FM radio. Mr Naimski said Poland’s first two or three units will be built at one of two …
The 2021 Performance Program of Turkey’s Energy and Natural Resources Ministry has drawn a road map for the completion of the country’s first nuclear power plant, the Akkuyu Nuclear Power Plant (NPP), which says 27.5% of the plant will be completed by the end of this year. The program, which outlines the steps that will …
Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium. The southern Plains has been “transformed into southern Siberia due to brutally cold Arctic air that …
French power group EDF said on Wednesday it could double its growth target for renewable energy and become a European champion in the field provided a planned re-organisation, code-named Hercules, can get the go-ahead. State-controlled EDF says the revamp, which will separate the debt-laden nuclear power business from the rest of the company’s assets, will …
As the weekly uranium spot price continues to move in a tight range, new research explores the effect of delaying nuclear plant closures on global uranium demand. -The effect on uranium demand of delaying plant closures -Fourth quarter results for Kazatomprom -Uranium spot price falls marginally In the wake of President Biden’s inclusion of nuclear …