Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy, according to the latest edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency (IAEA) joint report on uranium resources, production and demand. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium …
The new economic stimulus proposal that has been approved by Congress includes roughly $35.2 billion for energy initiatives, according to summary documents seen by TechCrunch. “This is probably the biggest energy bill we’ve seen in a decade,” said policy analyst Dr. Leah Stokes, an Assistant Professor at the Bren School of Environmental Science & Management …
Last weekend, Russian nuclear power plants (branches of Rosenergoatom JSC, part of the Electric Power Division of Rosatom) fulfilled ahead of schedule the annual state task of the Federal Antimonopoly Service (FAS) to generate electricity in the amount of 207.614 billion kWh. During the same period in 2019, 202.124 billion kWh were generated. Despite a …
The world’s largest operating uranium mine will be temporarily suspended, further disrupting a market “already coiled like a spring”. In 2020, COVID-19 interruptions to uranium supply has doubled the structural deficit – the difference between supply and demand — to 40 million pounds. That’s more than 20 per cent of annual uranium consumption. Yesterday, major …
Canadian uranium miner Cameco has opted to temporarily suspend operations are its Cigar Lake operation in northern Saskatchewan, Canada, due to increasing risks posed by COVID-19. The company said that the entire province has been experiencing a “significant negative trend in the pandemic” that has left Cameco uncertain for the mine’s continuous operation as the pool of …
The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency (NEA) and the International Energy Agency (IEA). The cost of electricity from new nuclear power plants remains stable, yet electricity from the …
A Japanese court on Friday, for the first time, revoked the government’s approval of operating a nuclear plant under new safety regulations developed in the wake of the 2011 Fukushima nuclear disaster. The Osaka District Court ruled in favor of about 130 plaintiffs who claimed that the Nos. 3 and 4 reactors of Kansai Electric …
The National Energy Regulator of South Africa has invited comment on government’s plans to add 2,500MW in nuclear power to SA’s electricity mix. Currently, Koeberg is only supplying 1,940MW. A number of parties are interesting in building the nuclear station. On Monday, the National Energy Regulator of South Africa (Nersa) invited comment on government’s plans to add …
On November 18, the Agency for Natural Resources & Energy (ANRE), under the Ministry of Economy, Trade and Industry (METI), announced results for Japan’s energy supply and demand in fiscal 2019 (preliminary report), which ended on March 31, 2020. Final energy consumption was 12,959 petajoules (PJ), down 2.0 percent from the previous year. The total …
The Prime Minister Boris Johnson is set to announce fresh backing for electric vehicles, hydrogen, and nuclear power as part of a 10-point plan to put the country on course for net zero emissions by 2050. Mr Johnson is expected to unveil his strategy in the coming week, as he sets out his vision for transforming the UK into a low-carbon leader with thriving green …