The Trump administration plans to open an investigation into whether uranium imports are harming national security, a move that could lead to tariffs on foreign shipments of the metal, said three people familiar with the matter. U.S. uranium producers Energy Fuels Inc. and Ur-Energy Inc. filed a petition in January asking the Commerce Department to …
As the world’s largest natural gas and oil producer and exporter, Russia plays an important role in setting the global geopolitical agenda. The recent agreement with OPEC is evidence of Moscow’s ability to set prices. However, in another field of energy production Russia captures an even more dominant position: nuclear technology. The Russian nuclear industry …
It starts when state-sponsored nuclear-power companies underbid Western competitors. Russia and China are using nuclear power projects to build spheres of energy dependence, and the United States is unprepared to respond. In April, Turkey broke ground on its first nuclear power plant, which the government says will help meet the country’s rapidly growing demand for electricity and increase …
Japan confirms role of renewables and nuclear as the 5th Strategic Energy Plan is approved by the Japanese Cabinet. On July 3, the Cabinet of the Japanese government approved the country’s 5th Strategic Energy Plan after receiving the final draft the Ministry of Economy, Trade and Industry (METI). The plan is significant as it sets forth …
The punitive tariffs imposed by Washington and Beijing last Friday have sparked widespread fears that a trade war will severely damage the global economy and could have a predominantly negative effect on several aspects of the US market itself. Both countries have imposed a 25% tax on $34bn worth of goods produced by the other, …
A consortium of countries spearheaded by the United States has just formed an international pact to explore new ways to promote the responsible growth of nuclear energy. According to Deputy Secretary of Energy Dan Brouillette, the initiative seeks to “highlight the value of nuclear energy as a clean, reliable energy source.” This new alliance was …
South Korean president Moon Jae-in (R) shakes hands with Khalid Al-Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Aramco, in their meeting at the Blue House in Seoul on May 4, 2018, in this photo provided by the presidential office. (Yonhap) South Korea’s government said Monday it will step …
Wenyuan Wu says given China’s pressing energy needs and its drive to reduce carbon emissions, the country has no choice but to invest heavily in nuclear power. China is well on its way to reaching its carbon reduction goals ahead of time after years of structural economic change that emphasised shifting to low-carbon hi-tech sectors. A recent …
Cabinet members prepare to sit before a meeting on July 3. They approved the revised Basic Energy Plan during the meeting. (Takeshi Iwashita) A new wave of nuclear reactor restarts became more likely as the government approved the new Basic Energy Plan on July 3, confirming that nuclear power will remain a key component of …
IAEA Director General Yukiya Amano highlighted the importance of nuclear science and technology —including nuclear power — in meeting development goals in his keynote address at the 2018 World Nuclear Exhibition event in Paris, France, today. “The IAEA helps countries to use nuclear science and technology to meet at least nine of the 17 Sustainable Development …
