The second VVER-1200 reactor at the Leningrad nuclear power plant in western Russia began commercial operation today. Leningrad II-2 is the fourth VVER-1200 in operation in Russia and beings the total number of nuclear power units in the country to 38. The VVER-1200 has a 200-megawatt bigger capacity than, and a design life twice as …
At the beginning of the new millennium, amid growing awareness of the link between energy-related greenhouse gas emissions and climate change, the notion of a ‘nuclear renaissance’ became popular. Scientists and policy makers identified low carbon nuclear power as a potential protagonist in the transition to clean energy. However, the accident at the Fukushima Daiichi …
A $75 million fund for domestically mined uranium came after years of lobbying and campaign donations from the industry. When the latest COVID-19 relief bill was signed into law by President Donald Trump on Dec. 27, uranium companies with mines in the United States cheered. And that included a big one with operations in Utah. …
Nuclear power could produce one-third of the UK’s clean hydrogen needs by 2050, according to the Hydrogen Roadmap agreed by the Nuclear Industry Council (NIC) last week. The NIC, co-chaired by the Minister for Business, Energy and Clean Growth and the Chairman of the Nuclear Industry Association, sets strategic priorities for government-industry collaboration to promote nuclear power …
Uranium is an important metal in the energy sector. Here the Investing News Network looks at the five top uranium countries by reserves. Uranium is an important commodity in the energy sector, and knowing the countries with the top reserves is key. Mined uranium resources have provided fuel for nuclear power generation for more than 60 …
Kazakhstan Ambassador Yerlan Alimbayev on Thursday met the top brass of NMDC to discuss ways to leverage the public sector mining major’s capabilities to further strengthen the Kazakh mining industry. A release from NMDC on the visit of the Ambassador said Mr.Alimbayev met CMD Sumit Deb, Director (Finance) Amitava Mukherjee and Director (Technical) Somnath Nandi. …
The world’s largest uranium producer Kazatomprom reported Monday that its full-year 2020 uranium production of 10,736 tonnes of uranium (reported as U3O8) was within the guidance despite a 19% production drop over 13,291 tonnes mined in 2019. The company said that on both a 100% and attributable basis, production volumes for the fourth quarter and …
Hopes are high that 2021 will confirm the start of a new bull market in uranium. Many people are predicting that in the near to mid-term the nuclear fuel could see plenty of screens glowing green in the best way possible. Fans of the heavy metal are quietly confident that the classic combination of reduced …
The government must commit to developing more nuclear capacity if the UK is to cope with the expected doubling of electricity demand by 2050, a new report has found. According to the Centre for Policy Studies, failure to invest in new nuclear power could see the UK forced to choose between hitting its net zero …
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; …
