The European Union must ensure it retains sovereignty over energy and climate, French President Emmanuel Macron told the European Parliament last week. Reducing emissions must remain a priority for Europe, and replacing phased-out nuclear plants with coal would not achieve this, he warned. In an introductory address to a debate on the future of Europe, …

Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government. “We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the …

Prague has always been big on upping the Czech Republic’s nuclear power capacity, but less so on how to finance it. As Brussels looks on with dread, Moscow may be about to ferment more discord on the EU’s eastern edges. Bucking trends in much of Europe, the Czech government has said recently it will announce within …

Escalating tensions between the U.S. and Russia could revive the uranium market just months after Cameco Corp shut down its largest uranium mine Just months after Saskatoon-based Cameco Corp. laid off hundreds of workers and shuttered the largest high-grade uranium mine in Canada, the market for the radioactive metal used in nuclear power generation is …

If ever anyone wanted proof that lawmakers are the same the world over, look no further than politicians in the Russian Duma, who are threatening to impose sanctions on nuclear fuel exports to the US, in retaliation for the latest US sanctions on Russia imposed April 6. An article about the development has gotten so …

Russian lawmakers have drafted a bill suspending cooperation with US companies in the nuclear, missile and aircraft-building spheres, as well as introducing restrictions on imports of alcohol and tobacco produced in the US. “The bill is about alcohol and tobacco products and about ceasing or suspending international cooperation in the nuclear sphere, rocket engine building …

Washington (Platts)–12 Apr 2018 554 pm EDT/2154 GMT Due to their high cost relative to other generating options, no new nuclear power units will be built in the US, an Exelon official said Thursday. “The fact is — and I don’t want my message to be misconstrued in this part — I don’t think we’re …

Country’s sovereign wealth fund owns US$70b in assets. Three firms are Air Astana, uranium producer Kazatomprom, and Kazakhtelecom Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, is planning initial public offerings (IPOs) for three of its major assets this year, and Hong Kong is being viewed as a strong choice as the potential venue. Nurlan Rakhmetov, its managing …

There are around 440 operational nuclear power reactors in 30 countries today. About 60 reactors are under construction in 15 countries. Countries introducing nuclear power for the first time, called “newcomers”, face a number of key challenges in infrastructure development: completing a national strategy for the programme, developing legal framework and an independent nuclear regulatory …