Russia brings back largest global uranium project

Deputy Prime Minister Yuri Trutnev has instructed Rosatom to submit a plan for the resumption of uranium mining in Yakutia. Rosatom, the state corporation specializing in nuclear power, in 2017 suspended the development of Yakut uranium deposits but is now ordered to resume mining in the region by Russia’s Deputy Prime Minister, Yuri Trutnev. News online …

Analyzing Zero-Carbon Goals, Power Infrastructure, The Role Of Nuclear Energy, And How To Invest In Uranium

Summary We’ll discuss the carbon neutrality targets of the UK, Europe 27, and the US. For the carbon neutrality targets, we discuss the current progress, the electrical grid, and the electrical storage required to meet those goals. The carbon neutrality targets are not only attainable with stable base loads and nuclear energy is the best …

Nuclear could help Spain reach net-zero goal, says IEA

In a review of Spain’s energy policy, the International Energy Agency (IEA) says the country should consider the usefulness of nuclear energy, including for non-electricity applications, for diversifying technical options to achieve long-term carbon neutrality by 2050. Under Spain’s current policy, operation of its fleet of seven nuclear power reactors will be phased out by …

Nuclear energy project will promote upgrade of ties with Russia, says China

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin will jointly witness the opening ceremony of the two countries’ nuclear energy cooperation project via video link on Wednesday (May 19). The smooth kick-off of the project will promote the upgrading of bilateral ties, Foreign Ministry spokesman Zhao Lijian said on Tuesday. Mr Zhao said this …

U.S. eyes nuclear reactor tax credit to meet climate goals -sources

The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of “production tax credits,” would likely be swept into …

China Will Lead The World In Nuclear Energy, Along With All Other Energy Sources, Sooner Than You Think

China now leads the world in total energy production and also produces almost twice the amount of electricity that the United States does, 4.4 trillion kWh versus 7.5 trillion kWh per year, respectively. With over a third of China’s population still being energy poor or in abject poverty, this will grow even more. And a …