Fuel cycle players need certainty to support future nuclear growth: panel

Key players from the front end of the fuel cycle came together at World Nuclear Symposium 2022 to discuss where they see the pinch points in meeting the needs of expanding nuclear generating capacity to meet decarbonisation goals, and the certainty they need to ensure future needs can be met. A bright outlook for nuclear will mean …

Fuqing 6 reaches full power as Hongyanhe 6 nears startup

Unit 6 of the Fuqing nuclear power plant in China’s Fujian province has reached 100% full power operation for the first time. Meanwhile, the National Nuclear Safety Administration (NNSA) has completed a comprehensive pre-operational inspection at unit 6 of the Hongyanhe plant in Liaoning province. Fuqing 6 – the second of two demonstration Hualong One …

Matsue Mayor OKs Restart of Nuclear Reactor

Matsue, Shimane Pref., Feb. 15 (Jiji Press)–Matsue Mayor Akihito Uesada on Tuesday indicated his consent to the restart of an idled nuclear reactor in the capital of Shimane Prefecture, western Japan. Attention has now shifted to whether the Shimane prefectural assembly and the Shimane governor will approve the restart of the No. 2 reactor at …

Tim Gitzel, president and CEO of Cameco Corporation, on the rewards and risks of nuclear energy

Howard Green speaks with Tim Gitzel, CEO of Saskatchewan-based uranium company Cameco Corporation, about nuclear power and climate change. Generating clean electricity is one of the most pressing issues facing humankind. More than half of the world’s greenhouse gases come from producing electrical power. So to get to net zero targets, the world needs to …

Uranium producers feel impact of supply chain issues

Kazatomprom has reduced its expected production figures for 2021 due to delays in exploration and wellfield development activity, citing pandemic-related supply chain issues which have had a material impact on production schedules. The Kazakh uranium producer’s announcement comes days after Canadian company Cameco reduced its forecast for fuel services production for the year citing supply …

The uranium squeeze

Will we see a similar price run to the early 2000s? Uranium, the commodity that provides us with nuclear fuel used to generate electricity in nuclear power stations, has surged to price levels last seen in 2015. Many are saying that the current market dynamics have created a uranium squeeze that could propel the commodity …