The operating license for the United Arab Emirates’ Barakah nuclear power plant could be issued in the first quarter of 2020, followed by the start-up of the first reactor, a senior official at the industry regulator said on Wednesday. The $24.4 billion Barakah power plant is the world’s largest nuclear project under construction and will …
Unit 1 of the Barakah Nuclear Energy plant in the UAE will soon join around 450 operable peaceful nuclear energy reactors around the world, Al Dhafra residents heard in a forum organised by the Emirates Nuclear Energy Corporation (Enec). The forum held at the Baynounah Educational Complex in Madinat Zayed, Abu Dhabi highlighted the strategic …
India will renew its pact with Kazakhstan for supply of uranium from 2020 to 2024, the ambassador of the central Asian country said on Monday. Kazakhstan has so far supplied a total of 9,000 tonnes of uranium, and another 1,000 tonne is yet to be delivered under two five-year contract periods that end this year. …
The Czech Republic approved the construction of the Dukovany II nuclear power plant, and has set a target date for completion of 2036. According to the Czech parliamentary committee for the construction of new nuclear resources, this is an important step to maintain the self-sufficiency of the country. The committee claims that by 2040, renewable …
Germany’s parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.” The …
A supplier for a new unit at Czech utility CEZ’s Dukovany nuclear power plant should be chosen by the end of 2022, Prime Minister Andrej Babis said on Wednesday. The Czech government, which owns 70% of CEZ, has been locked in discussions with the utility for years over how to expand nuclear power and to …
The ceremony is attended by Head of Atomic Energy Organization of Iran Ali Akbar Salehi The construction of the second stage of the Bushehr nuclear power plant conducted jointly by Russia has begun in Iran, according to the IRIB broadcaster. Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has attended the ceremony. …
S&P says coal and nuclear plants closures to boost prices Market volatile due to increased renewables EDF, Fortum, Verbund Statkraft, Uniper to gain European wholesale electricity prices could soar by around 30% by 2025 due to a recovery in gas and carbon emissions prices and the planned phase out of some coal and nuclear power …
Dual-listed Cameco remains on track to achieve its guidance for the full-year and has increased its revenue target for the year. According to CEO and president Tim Gitzel, the uranium company continues to demonstrate its resilience. During the third quarter, ended September 30, Cameco continued to deliver on its strategy, and further strengthened its balance sheet …
Saudi Arabia is in talks with five vendors, including US-based Westinghouse, to build its first nuclear power plant with two reactors, according to an energy ministry presentation. The other companies in the discussions are France’s EDF, Russia’s Rosatom, South Korea’s KEPCO and China National Nuclear Corp, according to the presentation, shown Wednesday at the Future …