There’s an atomic price chasm between Beijing and Washington, giving China a green advantage and leaving the US trailing in its efforts to clean up the power grid. When it comes to the speed and cost of nuclear power, the gap between the US and China is turning into a chasm. Take a single Monday. …
Lawmakers in Raleigh are considering a bill that could make it easier to permit new nuclear plants and extend deadlines for Duke Energy to clean up coal ash dumps at its North Carolina plants. Senate Bill 678 was introduced by Sen. Paul Newton, a Cabarrus County Republican and former Duke Energy executive. It would replace the term …
Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding with small modular reactor (SMR) project development company Kärnfull Next, which is investigating the possibility of constructing and operating SMRs on the Studsvik industrial site near Nyköping on Sweden’s east coast. Kärnfull Next said the feasibility study began in May, and preliminary results …
KHNP is likely to pay technical advisory fees to Westinghouse to settle dispute over reactor exports to Poland Poland started an approval process to build a nuclear power plant consisting of South Korean reactors, foreign media reported, despite the ongoing dispute over the Asian country’s export of atomic furnaces between US Westinghouse Electric Corp. and …
Weekly spot uranium prices have climbed by more than 20% year to date and trade close to the levels seen shortly before Japan’s March 11, 2011 Fukushima nuclear disaster. Uranium stocks, ETFs may be ‘still at a very early stage’ in their recovery Interest in nuclear power is climbing and prices for uranium have reached their highest …
In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia. Outside the $5 …
The Canadian government has approved CAD74 million (USD55 million) of federal funding for small modular reactor (SMR) development in Saskatchewan. The funding – including over CAD24 million from the proceeds of Canada’s pollution pricing system – will support work to advance the project led by utility SaskPower. In 2022, SaskPower selected GE-Hitachi’s BWRX-300 SMR for …
Duke Energy Carolinas and Duke Energy Progress have recommended extending the lives of their existing nuclear power plants as well as building two new small modular reactors (SMRs) by 2035 in an energy portfolio that offers the most prudent way forward for North and South Carolina. A new Integrated Resource Plan filed with the Public Service Commission …
The US Nuclear Regulatory Commission (NRC) has directed its staff to issue a final rule and associated regulatory guide that applies risk-informed, performance-based emergency preparedness requirements to small modular reactors (SMRs) and other new technologies. The rule will come into effect 30 days after it is published in the Federal Register, which is expected to happen …
CHINA’S investment in new nuclear power plants is expected to hit 231 billion yuan ($31.80 billion) by 2025, Citic Securities said on Monday. The investment scale is coordinated with China’s development plan for the nuclear power sector, Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, told the Global Times …
