Making nuclear energy cost-competitive

Three MIT teams to explore novel ways to reduce operations and maintenance costs of advanced nuclear reactors. Nuclear energy is a low-carbon energy source that is vital to decreasing carbon emissions. A critical factor in its continued viability as a future energy source is finding novel and innovative ways to improve operations and maintenance (O&M) …

Russia looks to 2030

THE RUSSIAN FEDERATION’S ENERGY STRATEGY document sets out energy policy up to 2020. Its main provisions were approved by the government in 2000 and confirmed in 2003. The strategy outlines several priorities: an increase in energy efficiency; reduction of environmental impacts; more sustainable development, energy development and technological development; as well as improved effectiveness and …

Nuclear Infrastructure Development to Reap the Benefits of Research Reactors

Research reactors can be used for a variety of purposes, from training nuclear engineers and conducting scientific research, to producing radioisotopes and developing advanced materials. But before a country can embark on a new research reactor project, it must first have in place the proper infrastructure. “The IAEA provides guidance on issues in establishing and implementing …

The folly of removing US caps on Russian nuclear fuel imports

The Trump administration’s recent Nuclear Fuel Working Group report provides a sobering view of the national security threat posed by Russia’s aggressive global strategy to dominate the nuclear power and fuel industry to extend its geopolitical influence. The report warns of Russia’s efforts to increase its market share of the U.S. nuclear fuel industry and …

Uranium Tipping Point: The Pending Price Correction 

Uranium market shift is underway with recent price correction representing the first indication that we are reaching  the tipping point. View a 3-minute video here. About Purepoint Purepoint Uranium Group Inc. is focused on the precision exploration of its nine projects in the Canadian Athabasca Basin, the world’s richest uranium region. Established in the Athabasca Basin …

Uranium Week: Production Reduction

According to a report released by the US Energy Information Agency last week, US uranium production in 2019 totalled 170,000lbs U3O8, down -76% on 2018. Total shipments of uranium concentrate from US producers were 190,000lbs in 2019, -87% less than in 2018. The EIA noted that total employment in the US uranium production industry was …