Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices are once again on the move, rising above US$100 per lb. in January for the first time in over 16 years, but this time Talbot …
Investment banks Goldman Sachs (GS.N), opens new tab and Macquarie (MQG.AX), opens new tab as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium …
India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less …
Britain is seeking to add nuclear capacity as fleet ages Utility also faces an expected jump in investments in France Electricite de France SA is in talks with the UK government over the “long-term financing” of its Hinkley Point C nuclear plant still in construction, as well as for the planned Sizewell C project, Chief Executive …
A new bill introduced in the Kentucky Senate this week would create a group to support the development of nuclear energy in the state. Senate Bill 198 would formally establish the Kentucky Nuclear Energy Development Authority, which would be administratively attached to the University of Kentucky’s Center for Applied Energy Research. Senate Joint Resolution 140, also …
A man with a shiny metal Concorde model on his desk, and old circuit boards on a shelf, is clearly in love with technology. Chris Sharp is the chief technology officer at Digital Realty, a US business at the intersection of construction and high-tech. It builds data centres, the anonymous warehouses full of computers that …
The long-delayed facility is expected to generate 4,000 MW by 2035. Kenya plans to begin constructing its first nuclear power plant in 2027 as it diversifies its energy generation amid rising demand and a zero-carbon push. According to the Nuclear Regulatory Authority Director for Partnerships and Public Awareness Edward Mayaka, the country is ready to …
Georgia Power has announced that the new Vogtle unit 4 AP1000 reactor has reached initial criticality, with the unit’s in-service date now projected to be during the second quarter of 2024. Initial criticality signals that the nuclear fission reaction in the reactor is now self-sustaining, meaning the reactor can begin producing heat that will be used …
Czech nuclear power plant operator ČEZ says that its fuel diversification strategy will see the first Westinghouse VVER fuel delivered to its Dukovany nuclear power plant at the end of the year. Six test Westinghouse fuel assemblies were delivered for the first unit at the Temelin nuclear power plant in 2019. The results are being …
ranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts. Recent talks with prospective buyers have signaled there’s additional interest in new off-take agreements and that’s likely to increase after Kazakhstan’s State-run miner Kazatomprom lowered its production guidance earlier this month, according …