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 …

UK sees role for nuclear in hydrogen economy

The UK government says nuclear will play a significant role in developing a thriving low-carbon hydrogen sector to meet the country’s ambition for 5GW of low-carbon hydrogen production capacity by 2030. Releasing its Hydrogen Strategy today, the Department for Business, Energy & Industrial Strategy said a hydrogen economy could support over 9000 UK jobs and …

Jordan declares uranium plant ‘fully operational’

Jordan has been operating a “pioneering” processing plant to recover yellowcake from uranium ores since the start of the year, the head of the country’s Atomic Energy Commission has announced. Khaled Toukan’s remarks were reported by state news agency Petra and shared by the Jordanian Uranium Mining Company (JUMCO), operator of the plant. JUMCO, which …

US-led initiative aims to lower advanced nuclear construction costs

The US Department of Energy (DOE) is teaming up with GE Hitachi Nuclear Energy (GEH) and providing USD5.8 million in funding for a project to demonstrate how three construction technologies from other industries can be applied to advanced reactor designs, to improve the economics of bringing advanced reactors to market. The Advanced Construction Technology (ACT) …

Nuclear could help Spain reach net-zero goal, says IEA

In a review of Spain’s energy policy, the International Energy Agency (IEA) says the country should consider the usefulness of nuclear energy, including for non-electricity applications, for diversifying technical options to achieve long-term carbon neutrality by 2050. Under Spain’s current policy, operation of its fleet of seven nuclear power reactors will be phased out by …