Category: Demand

License documentation for El Dabaa NPP units 3 and 4 has been handed over to the Egyptian Nuclear and Radiological Regulatory Authority

By John Dyer   Posted in Pending Reactors U
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On December 30, 2021, ahead of schedule, Egyptian Nuclear Power Plant Authority (NPPA) handed over the package of documents to the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) which are required for receipt of license for construction of El Dabaa NPP power units 3 and 4 (general designer and general contractor is ROSATOM Engineering Division). …

Nuclear share in Belgium’s 2021 power mix rises 10 percentage points on year to 52.4%

By John Dyer   Posted in Demand Politics U
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Nuclear dominates as phase-out looms Gas share plummets, wind/solar stable Demand at 84.2 TWh ‘back to normal’ Nuclear generation increased its share in Belgium’s electricity mix by over 10 percentage points year on year to 52.4% in 2021, data from system operator Elia showed Dec. 7. Belgium is sticking to its “Plan A” nuclear generation …

Crypto miners look to nuclear power

By John Dyer   Posted in Demand Nuclear Technology U
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Cryptocurrency mining is hugely energy intensive, and with the United States now the leading source of Bitcoin production, companies are looking to nuclear plants to power their operations The global Bitcoin mining network consumed an estimated 67TWh of electricity in 2020, according to Cambridge university’s Bitcoin Electricity Consumption Index (BECI). This has already been surpassed …

Energy-starved France mulls burning more coal to keep lights on

By John Dyer   Posted in Demand Politics U
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France is considering a plan to allow electricity producers to burn more coal after the nation’s grid operator warned of possible power shortages. The government may raise the annual cap on running coal-fired power stations, plugging a potential gap in supply as an unusually high number of nuclear reactors halt for maintenance just as the coldest months get under way. The country’s three remaining coal units may …

World’s 3rd Hualong One reactor connects to grid

By John Dyer   Posted in Reactors U
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On January 1, 2022, the Chinese independently developed nuclear reactor, HPR1000, brought a good start: Unit 6 of Fuqing Nuclear Power Plant(FQNP) of China National Nuclear Corporation(CNNC) successfully achieved the grid connection, marking the beginning of power generation. This is the 3rd HPR1000 unit in the global, meanwhile the 2nd HPR1000 unit in China that …

HPR1000 Karachi unit 3 finished fuel loading

By John Dyer   Posted in Reactors U
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The K-3 Unit of Karachi nuclear power plant in Pakistan, the second overseas nuclear power unit adopting HPR1000 technology, finished first fuel loading recently, marking the unit’s entry into the nuclear commissioning stage. This has laid a sound foundation for subsequent criticality and grid-connection of K-3 Unit. HPR1000 is one of the most widely accepted …

Uranium stocks in 2022: Sprott CEO calls for another bullish year

By SightlineU3O8   Posted in Demand Equities U
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With descriptors like “enormous growth” and “tremendous impact”, Sprott Asset Management’s chief executive officer sounds like he’s talking about the Incredible Hulk when describing his massive bet on uranium in 2021. The Toronto-based firm’s Physical Uranium Trust (U-UN.TO), the only publicly-listed fund in North America that invests in physical uranium, has grown its assets from …

Commodities 2022: Nuclear energy advocates see new climate focus buoying industry

By John Dyer   Posted in Demand Nuclear Attitude U
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Infrastructure bill funds two reactors, including one in Wyoming Legislation includes $6 billion in credits for merchant nuclear units One new reactor expected to come online in 2022, one to retire The current focus on climate change has changed the conversation on nuclear energy, creating momentum for public and private sector action in 2022 to help push …