IEA rings alarm bell on phasing out nuclear energy

A steep decline in nuclear energy capacity will threaten climate goals and power supply security unless advanced economies find a way to extend the lifespan of their reactors, the International Energy Agency said. Nuclear is currently the world’s second-largest source of low-carbon electricity, behind hydropower, and accounting for 10 percent of global electricity generation. But …

Envoys meet in bid to save nuclear deal

Diplomats from Iran and several world powers recommitted Sunday to salvaging their nuclear deal amid mounting tensions between the West and Tehran. Iran’s deputy foreign minister said the emergency meeting in Vienna had yielded positive developments but had not “resolved everything.” “The atmosphere was constructive, and the discussions were good,” Abbas Araghchi told reporters. Araghchi …

Nigeria engages Rosatom on nuclear development

The nation’s government intends partnering with Rosatom to add nuclear energy to Nigeria’s energy mix in bids to address the country’s power challenges. Speaking to a local publication, The Nation, Rosatom’s central and southern Africa CEO, Dmitry Shornikov, revealed that Nigeria is making steady progress on the matter. “This is evident by the agreement which …

Boost to Indian nuclear programme as Kazakhstan assures increased supply of uranium

India’s atomic programme will receive a major push from its strategic partner Kazakhstan which has assured an increased supply of uranium to India in the next five years, according to Kazakhstan Ambassador Bulat Sarsenbayev. He asserted that a new contract is currently being negotiated between the two countries and Kazakhstan is aiming to significantly improve …

‘We may scale up supply of uranium to India’: Kazakhstan ambassador Bulat Sarsenbayev

Kazakhstan, the world’s largest producer of uranium, is looking at scaling up its supply of the key energy source to India from 5,000 tonnes during 2015-19 to more than 7,500 tonnes over the next five years, Kazakh ambassador Bulat Sarsenbayev said on Wednesday. The Central Asian nation, with the second largest uranium reserves or almost …

India, Kazakhstan in talks to renew deal with higher Uranium imports

Kazakhstan, world’s largest producer of uranium, is planning to increase the quantum of its India-bound supplies to 7,500-10,000 tonnes for a five-year period starting 2019 from 5,000 tonnes at present. The previous five-year pact for uranium supply signed during Prime Minister Narendra Modi’s visit to the country will lapse this year and the two sides …

Ukraine becomes first world country to diversify nuclear fuel supplies

“For decades, the FSB agents, the Russian lobby at the highest levels have slowed down the process of diversification. Moreover, the regime of Yanukovych practically buried that process by stopping it. Only after demonstration of political will over the past five years, thanks to cooperation with the Westinghouse company, Ukraine has become the first country …

The lights could go out this winter if we close more coal and nuclear power plants

It’s been an early start to winter this year across much of the Central and Eastern United States. And plunging temperatures have highlighted a surprising fact: Not only are natural-gas prices soaring, but fuel stockpiles have dipped to unusually low levels. It’s a somewhat unexpected turn of events — since the United States has been the …