A worldwide nuclear renaissance led by Japan, some countries in Europe (despite German obfuscation), and hopefully the USA, is changing the international uranium market. Uranium producers across the world are forecasting a long-term embrace of nuclear power driving up demand for Uranium and are adjusting accordingly. These producers are not content to just quickly cash in from an ephemeral price …
The International Atomic Energy Agency (IAEA) has conducted its first ever Site and External Events Design (SEED) mission to look into site selection for a small modular reactor (SMR). The three-day mission to Romania was conducted last month at the request of Nuclearelectrica. Nuclearelectrica and NuScale are cooperating with the US Trade and Development Agency …
The Federal Agency for Nuclear Control (FANC) appears to be open to postponing preparations for the Doel 3 reactor’s dismantlement, as will be discussed by the Federal Government at an upcoming meeting. On Wednesday, it was reported that the Doel 3 power station would be permanently decommissioned on 23 September and would no longer supply roughly 7,500 …
The Taishan Nuclear Power Plant, Unit 1 & 2, in Guangdong, China. (Source: EDF Energy via Wikimedia Commons) China had last approved a larger number of nuclear power plants in 2008, when it gave the go-ahead to 14 new ones. The projects approved this week will cost about 80 billion yuan ($11.5 billion), reported Yicai.com, …
With the permanent shutdown of the Doel 3 nuclear reactor having been announced yesterday, the Federal Government is dithering on whether to delay its dismantling with the Federal Interior Minister leading calls for a potential postponement. Given the energy crisis driven by the war in Ukraine, the Federal Government’s plan to phase out nuclear power has …
How the Zhangzhou plant should appear once all six unit have been constructed (Image: NNSA) China’s State Council approved the construction of two CAP1000 units as Phase I of the Lianjiang nuclear power plant in Guangdong province and two Hualong One units as Phase II of the Zhangzhou plant in Fujian province. The decision to …
Cooling towers at a nuclear power plant in Nogent-sur-Seine, France. Photographer: Cyril Marcilhacy/Bloomberg URA and URNM performance soars but inflows lag previous booms Energy supply crunch has revived global nuclear interest Uranium funds have soared from their summer lows as a global energy crunch revives interest in nuclear power. The $1.8 billion Global X Uranium …
Water vapor rises from the cooling tower of a German nuclear power plant. Nuclear power is having something of a moment right now. After years of being called too expensive and too dangerous, a mounting energy crisis kick-started by Putin’s invasion of Ukraine is forcing countries to reconsider their plans to rid themselves of nuclear energy. Even nations …
A general view of the Electricite de France (EDF) nuclear power plant in Avoine near Chinon, France, February 18, 2022. REUTERS/Stephane Mahe/File Photo French power utility EDF (EDF.PA) expects its 2024 nuclear output to reach between 315 and 345 terawatt-hours (TWh), the company said in an online note. This would be up from the 280-300 TWh …
Shares in Canada’s Cameco, the world’s second-largest uranium producer, are close to a record high after rising almost 30% since the middle of August Uranium prices have surged to their highest level since Russia’s invasion of Ukraine sent convulsions through commodities markets, as the European energy crisis fuels bullish bets on the future of nuclear …
