Uranium had been sitting at historic lows for most of the last decade, but as demand and sentiment surrounding uranium turned around slowly, prices have begun to turn around. Prices have risen by 40% in the month of September alone, overtaking all other major commodities. A few weeks ago, millions of pounds of supplies were …
The Biden administration’s top energy official said the nuclear industry should broaden its business case beyond power markets in order to ensure its place in a carbon-free economy. US nuclear energy has come under relentless pressure in recent years from cheap natural gas, solar and wind power. More reactors are being taken offline permanently than …
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 …
NEW DELHI: With India is exploring multiple options to lower its carbon footprints, the government on Tuesday said the country would produce three times more nuclear from its current level and called for greater India-US cooperation for clean energy sectors such as biofuels and hydrogen. The issue of ramping up efforts to produce more nuclear …
Korea Hydro & Nuclear Power Co. (KHNP), the state operator of nuclear reactors that had complied with the government order to shut down Wolsong Unit 1 before its legitime lifetime, formerly asked the government to revisit its nuclear phase-out plan to enable greater nuclear role for stable energy supply in carbon neutrality goal. According to …
The agreement strengthens bilateral collaboration at different levels between both parties. Rabat – Morocco’s Ministry of Energy, Mines, and Environment and the Hungarian Ministry of Innovation and Technology signed a Memorandum of Understanding (MoU) on September 3. The MoU seeks to enhance cooperation between the two countries pertaining to the training of the nuclear industry …
The Illinois Senate approved a massive clean energy omnibus package after midnight on Tuesday evening, clearing the last major piece of Governor J.B. Pritzker’s political agenda for a vote in the House. The proposal aims to put one million electric vehicles on Illinois roads over the next nine years, and to transition the sixth largest …
Retiring nuclear power stations in Britain would be ‘an environmental and economic catastrophe of unprecedented scale,’ according to a Labour MP. Charlotte Nichols, MP for Warrington North, urged the government to intervene as the retirement of the nuclear fleet jeopardises climate objectives. The comments follow last week’s report by the UN’s Intergovernmental Panel on Climate …
On July 14, the European Commission took up an extensive policy initiative designed to bring the European Union’s net greenhouse gas emissions down by a minimum of 55% (compared to levels from 1990) within the next decade. This slate of ‘Fit for 55’ reforms will not only expand the deployment of renewable energy sources and promote energy …
The Senate on Tuesday approved a $1.2 trillion proposal to improve the nation’s aging infrastructure, offering hope of a historic boost to several industries that stand to benefit from increased funding and regulations. While the bill must still clear the House, where it faces a rocky path over the next few weeks, the Senate outcome marks a …
