Section 123 Agreement With the UK Critical for US Nuclear Exports, Jobs

The president yesterday transmitted to Congress for review a bilateral agreement for peaceful nuclear energy cooperation, known as a Section 123 Agreement, between the United States and United Kingdom. Following is a statement from Dan Lipman, vice president of suppliers, new reactors, and international programs at NEI. “We commend the Trump administration for submitting to …

Saudi energy minister visits South Korea’s Atomic Energy Research Institute

Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih, center, with Saudi and Korean engineers at the Korea Atomic Energy Research Institute (KAERI) in Seoul on Saturday. (SPA) Last year, KSA and South Korea entered into a joint venture to prepare engineering designs for the reactor with training programs in a range of …

$60 Million for U.S. Industry Awards for Advanced Nuclear Technology Development

WASHINGTON, D.C. – U.S. Secretary of Energy Rick Perry announced today that the U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These selections are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced …

Tariffs On Uranium Would Make More Sense Than Trump’s Protections On Steel And Aluminum

Thomas Duesterberg , Contributor to Forbes Using Section 232 of U.S. trade law to apply tariffs on steel and aluminum imports was a questionable use of this tool. Those tariffs did get the attention of exporting nations, but also needlessly irritated both domestic and international allies. A clearer and more compelling case for Section 232 …

Russia Puts Planned Retaliation for U.S. Sanctions on Slow Track

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 …

Czech Republic weighs nuclear options

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 …

How U.S.-Russia tensions could revive Canada’s struggling uranium mines

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 …