How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback

China has 21 nuclear reactors under construction which will have a capacity for generating 21.61 gigawatts of electricity, according to the International Atomic Energy Agency. That is more than two and a half times more nuclear reactors under construction than any other country. China’s drive to build nuclear energy is twofold: It has a massive …

Westinghouse expands fuel offerings of Columbia plant

Westinghouse has announced the creation of a centre of excellence for Low Enriched Uranium Plus (LEU+) fuel manufacturing at its Columbia Fuel Fabrication Facility (CFFF) in Hopkins, South Carolina. “The demand for LEU+ fuel in the range of 5–10% enrichment is expected to grow significantly in the coming years due to increased power generation which …

Studsvik considers SMR deployment at Nyköping site

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 …

Poland starts approval process to import S.Korean reactors

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 …

Nuclear power could see its biggest expansion in decades, leading to increased demand for uranium

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 …