The estimated cost of safety measures at nuclear power plants across Japan has increased fivefold over the past six years to just over 5.38 trillion yen, a Mainichi Shimbun survey has shown. Eleven power producers spent the funds to implement stiffened safety standards at 15 nuclear power plants, including those currently under construction, according to …
The UK government is considering the Regulated Asset Base model for financing new nuclear projects. With the model allowing for revenues to be released during construction, could this model – already proven in other large infrastructure projects – break the impasse that has kept UK nuclear on the back foot in recent years? Chris Lo …
French power utility EDF estimates it would cost at least 46 billion euros ($51 billion) to build six of its latest generation EPR nuclear reactors if the government decides to build them, French newspaper Le Monde reported on Saturday. The estimate was in a confidential document presented to the board of state-controlled EDF at the …
Nuclear station holds world reliability record for number of hours online, providing reliable emissions-free energy for 500,000 homes Exelon Generation’s R.E. Ginna Nuclear Power Plant is celebrating a strong record of reliable carbon-free power generation and community stewardship since the first nuclear reaction took place in Ontario, New York 50 years ago on November 9, 1969. …
Today, President Donald J. Trump formally nominated Dan Brouillette to serve as the next U.S. Secretary of Energy. Brouillette, current U.S. Deputy Secretary of Energy, would replace sitting Secretary Rick Perry if confirmed by the U.S. Senate. “It has been the opportunity of a lifetime to serve as Secretary of Energy. I have the utmost …
Lobo Tiggre, CEO of Louis James LLC, talked to INN on the sidelines of the 45th annual New Orleans Investment Conference. All good things come to an end was the sentiment expressed by Lobo Tiggre, CEO of Louis James LLC, when the Investing News Network spoke with him on the sidelines of the 45th annual …
Canada-based uranium producer Cameco (TSX: CCO) has tipped higher revenue and a slightly higher realised price for its key commodity as it swung to a loss in its September quarter results. Its net loss was C$13 million (US$9.9 million) or 3c per share, compared with earnings of $28 million (US$21.3 million) and 7c respectively a …
The minister yesterday released an audit of the construction of the Flamanville 3 EPR, conducted by former PSA Group chief Jean-Martin Folz. Construction work began in December 2007 on the 1650 MWe unit at the Flamanville site in Normandy. The EPR reactor was originally expected to start commercial operation in 2013 and cost EUR3.3 billion …
French nuclear group Orano’s COMINAK uranium mine in Niger will shut down in March 2021 due to the depletion of its reserves, the mine’s board of directors said on Wednesday. Orano, which was known as Areva until last year, holds a 34% stake in the mine, the largest in a joint venture with a Nigerien …
Moscow is sure to tout nuclear energy at the Russia-Africa Summit, selling it as a solution for the continent’s power supply woes. So just how concerned should we be about its intentions and Africa’s readiness? Southern Africa’s ongoing drought has had a devastating impact on the region’s power supply. Water levels at Kariba Dam, which …
