A powerful earthquake struck central Japan on Monday, killing at least one person, destroying buildings, knocking out power to tens of thousands of homes and prompting residents in some coastal areas to flee to higher ground. The quake with a preliminary magnitude of 7.6 triggered waves of about 1 metre along Japan’s west coast and …
Japan’s nuclear power regulator on Wednesday lifted an operational ban imposed on Tokyo Electric Power’s (9501.T) Kashiwazaki-Kariwa nuclear power plant two years ago, allowing it to work towards gaining local permission to restart. Tepco has been eager to bring the world’s largest atomic power plant back online to slash operating costs, but a resumption still needs consent …
Kazakhstan has reported record-breaking exports of processed uranium in the first ten months of 2023. The total value of uranium sales abroad during this period surged to an impressive $2.46 billion, marking a substantial 33% increase compared to the same timeframe in the previous year, according to a Dec.19 post by First Credit Bureau Data …
Pacific Gas & Electric (PG&E) can operate the two-unit Diablo Canyon nuclear power plant in California beyond the expiry of their current licences (2024 and 2025, respectively) following the acceptance of PG&E’s licence renewal application by the US Nuclear Regulatory Commission (NRC). PG&E filed the application on 7 November, seeking to extend the plant’s operating …
Once operational, Unit 4 will enable the plant to generate 25 per cent of the UAE’s electricity needs for the next 60 years The last of four nuclear reactors of the UAE’s Barakah power plant has been completed — with fuel assemblies now loaded into Unit 4, the Emirates Nuclear Energy Corporation (Enec) announced on …
As Russian troops poured into Ukraine at the start of Vladimir Putin’s invasion in February last year, alarm was rising at a flagship Kremlin nuclear project in neighboring Belarus, just a short distance from the European Union’s border. Engineers at Rosatom Corp. preparing a new 1,200-megawatt reactor, which was not yet connected to the power grid, to generate …
The price of uranium reached the highest level for almost 17 years on Friday, driven by constrained supply and accelerating demand, against a backdrop of renewed interest in nuclear power. The benchmark contract for uranium oxide which, once enriched, is used as nuclear fuel, rose to $85.75 a pound (around 450 grams) for the first …
The US would be required to acquire tons of domestic nuclear-reactor fuel under a provision included in a defense authorization bill passed by Congress. The bill, approved earlier this week by the Senate, cleared the House with a vote of 310-118 Thursday and now needs President Joe Biden’s signature. The nuclear-fuel provision is part of …
This document confirms and endorses the key principles of the framework agreement signed on 21 July 2023, namely: the commitment by both parties to implement Flexible Long-Term Operation (Flex LTO), with an estimated investment of between €1.6bn and €2bn, and to use their best efforts to restart the nuclear units at Doel 4 and Tihange …
The Korea Atomic Energy Research Institute (Kaeri) and Hyundai Engineering have signed a memorandum of agreement aimed at winning export markets for its small modular reactor (SMR) technology. The agreement was formalised on Monday by Hong Hyun-seong, the chief executive of Hyundai, and Joo Han-gyu, the president of Kaeri. “Together with Hyundai Engineering, we anticipate …
