France’s EDF expects six new nuclear reactors to cost 46 billion euros

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 …

Ginna Nuclear Power Plant Celebrates Five Decades of Carbon-Free, Reliable Power and Community Stewardship

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. …

President Trump nominates Dan Brouillette to be United States Secretary of Energy

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 …

‘We expect the … [uranium] price in the fourth quarter will exceed $47/lb’

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 …

African countries mull nuclear energy as Russia extends offers

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 …

What if Suncor Energy used Canadian uranium to clean up its oil sands-tainted image?

Suncor Energy has an image problem that seems incurable. The Alberta oil sands giant produces vast amounts of synthetic crude oil, a product that comes with a rather frightening carbon footprint. As the oil sands expand, Suncor will become an ever-bigger target for climate-change activists and green-tinged politicians. Even Justin Trudeau, who may or may …

Paladin looks to rapid restart for Langer Heinrich

Paladin Energy Ltd’s pre-feasibility study (PFS) for the restart of the Langer Heinrich uranium mine has delivered improved economics and potential for capacity expansion. The Namibian mine could return to production within 12 months of a restart decision and favourable market conditions, the company said. Western Australia-based Paladin began the two-stream PFS in March. The …