Energy bears might be forgiven for thinking that oil may not have much upside left, after a year that technically should have seen prices in the black gold go through the roof. Instead, oil prices have been kept as flat as possible, despite one potential bottleneck after another, and that trend could continue as the …
In the ongoing mash-up of the tragic and the trifling that is the modern news cycle, one crucial story getting far too little attention is President Trump’s effort to revive the U.S. nuclear power industry. The nuclear fuel cycle is vital to our nation in terms of the power that nuclear energy can provide (without …
Expert who led 2006 review says ban on nuclear should be lifted, but much more overseas evidence is needed on small modular reactors. It will be about a decade before it is clear whether small nuclear reactors are suitable for Australia and would take about 15 years to bring a plant online if a decision …
Japan’s nuclear operators are starting to sell some of their huge holdings of uranium fuel, as chances fade of restarting many more reactors eight years after the Fukushima nuclear disaster. The sales so far have been small, but were made at values well below their purchase price and are likely to further depress the already …
To blame or not to blame the performance of South Korea’s power generator on the anti-nuclear power policy? This question has emerged yet again following news of Korea Electric Power Corp.’s quarterly loss last week. State-owned Kepco said its operating loss reached 298.6 billion won ($248 million) in the second quarter, following its worst-ever first-quarter …
JSC National Atomic Company Kazatomprom announced today its intention to continue to flex down production by 20% through 2021, compared to the planned levels under Subsoil Use Contracts, its press service said. The company will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan’s uranium …
Britain’s plan to revitalize its aging nuclear energy infrastructure is likely to take a hit if Brexit jeopardizes a crucial supply of welders. The skilled workers have been in short supply for years, a strain that will likely worsen as new nuclear projects are built. About 13% of Britain’s welders come from other countries in …
A steep decline in nuclear energy capacity will threaten climate goals and power supply security unless advanced economies find a way to extend the lifespan of their reactors, the International Energy Agency said. Nuclear is currently the world’s second-largest source of low-carbon electricity, behind hydropower, and accounting for 10 percent of global electricity generation. But …
To deal with rapidly rising costs and other difficulties, four major companies are considering jointly constructing and operating nuclear power plants, sources said. Tokyo Electric Power Co. Holdings Inc., Chubu Electric Power Co., Hitachi Ltd. and Toshiba Corp. are aiming to reach a basic agreement in late August toward the joint plan, according to the …
Summary Uranium prices are finally picking up steam following their 11-year bear market. Prices are on track to soon reach the cost of production estimates which may buoy equities out of their rut. The Global X Uranium ETF has fallen by over 15% in recent weeks due to the equity sell-off. Long-term buyers who handle …