Nuclear must be part of a fossil-free future, but the industry first needs to address the cost of constructing new reactors, Magnus Hall, CEO of Swedish utility Vattenfall AB, told delegates attending World Nuclear Association Symposium 2019 in London. Hall – who is also chairman of Eurelectric, the association of European electricity generators – said …
Canadian miner Cameco (CCO.TO) said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which …
Canadian miner Cameco said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which has …
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 …