Is There a Commodity that Could Become Bigger and Larger than Bitcoin Itself?

There are many people that believe that Bitcoin (BTC) and virtual currencies have experienced a bull run in 2017 that will never happen again. That means, they think it was a once-in-a-lifetime phenomenon. However, there might be a new commodity that could surprise investors in the future and become even bigger than Bitcoin. What is Uranium …

Kyushu Electric to scrap No. 2 reactor at Genkai nuclear plant due to cost of safety upgrades at aging site

Kyushu Electric Power Co. said Wednesday it has decided to scrap its aging No. 2 reactor at its Genkai nuclear plant in Saga Prefecture. The utility abandoned a plan to restart the unit, which has an output of 559 megawatts, in the face of the huge costs involved in enhancing the safety of the reactor …

5 Countries Eye Building 2 Nuclear Reactors in Saudi Arabia

Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. The bid was made after the peaceful Saudi nuclear project met the requirements of the International Atomic Energy Agency (IAEA). The oil-rich Kingdom launched a tender to define specifications of sites that will host …

China’s nuclear power generation rises in 2018

China’s nuclear power generation increased in 2018 as the country installed more reactor units, official data showed. Altogether 294.4 billion kWh of nuclear power was generated last year, up 18.6 percent year on year, according to the China Electricity Council (CEC). It accounted for 4.2 percent of the country’s overall electricity generation, saving 90 million …

Q&A: Can the UK meet its climate goals without the Wylfa nuclear plant?

The Japanese firm Hitachi has shelved a planned new nuclear plant at the Wylfa site on Anglesey in Wales, leaving a large hole in the UK government’s climate and energy strategy. The news comes just months after the planned Moorside plant in Cumbria was scrapped by Toshiba, another Japanese conglomerate. Hitachi’s UK subsidiary, Horizon, has also suspended …