Uranium prices have always been known as fickle at best, and volatile at worst. This year has proved to be the same. But to be frank, this is exactly the type of opportunity Australia could bank on to help its energy crisis. Uranium closed at $27.35, down slightly since last Friday 21 September 2018. Pretty …
Today, the Texas uranium mining industry is virtually silent. Indeed, across the U.S., this once-thriving industry now supplies only a small fraction of our domestic nuclear energy and defense requirements, threatening our energy independence and national security. Along with many others, the U.S. Department of Commerce, or DOC, is now asking, why? As the world’s …
Saudi Arabia’s atomic energy programme is fundamental for developing a sustainable energy sector, energy minister Khalid Al-Falih told the 62nd General Conference of International Atomic Energy Agency (IAEA) in Vienna. The kingdom plans to start building its first two nuclear power reactors this year and as many as 16 over the next 25 years at a …
China’s Ministry of Justice on Friday published a draft atomic energy law online to solicit public opinions. Identifying atomic energy as an industry of strategic importance, the eight-chapter draft law provides guidelines and rules for technology development, nuclear material recycle, atomic energy, safety management and international cooperation. It encourages companies to participate in the development …
Last week, the House passed a bipartisan bill that originated in the Senate called the Nuclear Energy Innovation Capabilities Act (S. 97), which will allow the private sector to partner with US National Laboratories to vet advanced nuclear technologies. The bill also directs the Department of Energy (DOE) to lay the ground work for establishing …
Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …
India has not been able to secure membership of the Nuclear Suppliers Group because of China’s veto, a senior Trump Administration official said on Thursday, asserting that the US will continue to advocate for New Delhi’s membership in the elite grouping as it meets all the criteria. India has been seeking entry into the 48-member …
If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …
Had California and Germany invested $680 billion into new nuclear power plants instead of renewables like solar and wind farms, the two would already be generating 100 percent or more of their electricity from clean (low-emissions) energy sources, according to a new analysis by Environmental Progress. The analysis comes the day before California plays host to …
Without greater leadership and ambition, the world risks crossing the point of no return on climate change, United Nations Secretary-General António Guterres has warned. In a speech given yesterday at the UN headquarters in New York, Guterres said: “Climate change is the defining issue of our time – and we are at a defining moment. …
