Saudi Arabia Energy Minister Khalid al-Falih speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain Saudi Arabian Energy Minister Khalid al-Falih said on Friday he was “optimistic” about South Korea being shortlisted to build nuclear power plants for the Middle Eastern kingdom. Falih told reporters …
Summary Uranium has been cheap for years, but the market has been waiting for a catalyst. Rising in oil prices in yen terms are putting pressure on Japan to reactivate plants. Pressure is coming on supply side as well just as new plants come online. Fundamentally, the bull case for uranium is that Uranium prices …
BEIJING, April 30 (Xinhua) — The Chinese mainland now has 38 nuclear power units in operation, with a total installed capacity of 36.93 million kilowatts, according to China Nuclear Energy Association (CNEA). Most of the nuclear power units are located in southeast China’s coastal provinces, whose nuclear power generation makes up about 15 to 25 …
India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the world’s largest nuclear plant project in terms of generation capacity. Jaitapur is the key project in nuclear collaboration between India and France, which was first broached in 2009 when …
First concrete was poured yesterday into what will become the foundations for the nuclear island buildings of unit 1 of the Kursk II nuclear power plant in western Russia. This is the first of the VVER-TOI (typical optimised, with enhanced information) design nuclear reactors. More than 16,000 cubic meters of self-compacting concrete mix will be …
Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, …
The Jordan Atomic Energy Commission is in “advanced” talks with China National Nuclear Corp. to build the kingdom’s first nuclear reactor at a cost of $1 billion, according to the chairman of the Middle Eastern government agency. An agreement on the proposed 220-megawatt reactor is planned to be signed next year, with operations to start …
AKRON, Ohio, April 25, 2018 /PRNewswire/ — FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp. (NYSE: FE), today announced that it has filed a Certification Letter with the U.S. Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants – two in Ohio and a third …
The loading of fuel assemblies into the core of unit 1 of the Sanmen nuclear power plant in China’s Zhejiang province began today following the issuance of a permit by the country’s nuclear regulator. The unit is later this year expected to become the first Westinghouse AP1000 to enter operation. Westinghouse said China’s National Nuclear …
WASHINGTON — The CEO of the U.S. nuclear power firm Westinghouse Electric Co. — which used to be under the Toshiba Corp. umbrella and which filed for bankruptcy in March 2017 — has told the Mainichi Shimbun that the “nuclear renaissance” in the 2000s “was not realistic.” Company chief Jose E. Gutierrez added that the …