U.S. eyes nuclear reactor tax credit to meet climate goals -sources

The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of “production tax credits,” would likely be swept into …

China Will Lead The World In Nuclear Energy, Along With All Other Energy Sources, Sooner Than You Think

China now leads the world in total energy production and also produces almost twice the amount of electricity that the United States does, 4.4 trillion kWh versus 7.5 trillion kWh per year, respectively. With over a third of China’s population still being energy poor or in abject poverty, this will grow even more. And a …

Climate leaders must include nuclear in net-zero debate

The Canadian Nuclear Association, Europe’s Foratom, the Japan Atomic Industrial Forum, the USA’s Nuclear Energy Institute, the UK’s Nuclear Industry Association and World Nuclear Association have issued a joint statement ahead of the Leaders Summit on Climate that starts today. At the invitation of US President Joe Biden, world leaders will convene for the two-day …

Nuclear industry calls for state policy focus as resource outstrips coal generation in US

Dive Brief: While the Biden administration has indicated support for nuclear energy and advanced reactors, state policies valuing the resource continue to be necessary to keep existing plants on the grid, the Nuclear Energy Institute (NEI) said in its annual State of Nuclear Energy address on Tuesday. The nuclear industry group applauded the introduction of …

Campaign contributions, including from a Utah operator, preceded creation of federal uranium stockpile

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. …

Government and industry back nuclear for green hydrogen future

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 …

Kazakhstan keen on tapping into NMDC mining expertise

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. …

Top uranium miner Kazatomprom meets 2020 guidance, production drops 19%

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 …