Koichi Hagiuda, Japan’s new minister for economy, trade and industry, touched on the importance of nuclear power and Japanese chip production. (Photo by Tomohiro Ebuchi) Hagiuda plans to seek funding to invite TSMC chip plant TOKYO — Nuclear power is “indispensable” to decarbonizing Japan, industry minister Koichi Hagiuda said Tuesday, a sign that the new government under …
KEY POINTS “It is crucial to diversify energy supply and reduce European dependency on gas-exporting countries as fast as possible,” Le Maire said in a letter last week. Some national EU governments, namely Spain, have asked for a European response to the spike in energy prices. The European Commission, the executive arm of the EU, …
Rolls-Royce is poised to land ‘billions of pounds’ worth of orders for mini nuclear power stations from Eastern European nations, the boss of a major investor has said. A consortium led by the engineering giant has secured £210million of funding from private investors for its small modular reactors (SMRs) programme in the UK. That is …
FILE PHOTO: Agnes Pannier-Runacher, French deputy Minister for Industry, speaks during the questions to the government session at the National Assembly in Paris, France, September 21, 2021. REUTERS/Gonzalo FuentesREUTERS PARIS (Reuters) – France could decide to build six new nuclear EPR reactors before EDF’s EPR nuclear power plant in Flamanville, northwestern France, is fully operational, …
Exelon Generation is now hiring hundreds of employees and investing hundreds of millions of dollars to prepare Byron and Dresden for long-term operations Now that the Illinois General Assembly has passed sweeping clean energy legislation preserving its nuclear plants, Exelon Generation is moving quickly to fill 650 vacant positions across the state and jumpstart more …
After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead. Prices have surged about 40% just in September, outpacing all other major commodities. In just a few weeks, millions of pounds of supply was scooped up by the Sprott Physical Uranium Trust. It’s a massive bet on …
CAPE TOWN, Sept 21 (Reuters) – South Africa is forging ahead with plans for a new 2,500-megawatt nuclear power plant in a bid to boost energy security and wants to end the procurement process by 2024, the deputy energy minister said on Tuesday. “We plan to issue the Request for Proposal (RFP) for 2,500MW nuclear …
Top uranium miner Kazatomprom said it may supply the metal to Sprott, the investment firm whose aggressive bets on the market have helped drive a surge in prices. “We already started talks with Sprott,” Askar Batyrbayev, chief commercial officer of the Kazakh producer, said in an interview. “A lot of financial players” are increasingly interested …
For the first time since the Fukushima Daiichi accident a decade ago, the International Atomic Energy Agency (IAEA) has revised up its projections of the potential growth of nuclear power capacity for electricity generation during the coming decades. The change in the IAEA’s annual outlook for this low-carbon energy source does not yet mark a …
A reactor in western Japan, installed in the country’s sole nuclear plant built in a prefectural capital, cleared a national safety screening on Wednesday. The No. 2 unit of Chugoku Electric Power Co.’s nuclear plant in Matsue, Shimane Prefecture, became the 17th reactor across a total of 10 nuclear plants nationwide to pass stricter safety …