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 …
The ceremony is attended by Head of Atomic Energy Organization of Iran Ali Akbar Salehi The construction of the second stage of the Bushehr nuclear power plant conducted jointly by Russia has begun in Iran, according to the IRIB broadcaster. Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has attended the ceremony. …
A senior US official has confirmed that Washington is in talks with Riyadh about supporting Saudi Arabia’s planned nuclear programme. Speaking in Abu Dhabi on 26 October, US Energy Secretary Rick Perry Perry confirmed that talks were ongoing. Perry told the forum that Saudi Arabia’s leadership in Riyadh wanted to sign a ‘123 Agreement’ with …
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. …
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 …
S&P says coal and nuclear plants closures to boost prices Market volatile due to increased renewables EDF, Fortum, Verbund Statkraft, Uniper to gain European wholesale electricity prices could soar by around 30% by 2025 due to a recovery in gas and carbon emissions prices and the planned phase out of some coal and nuclear power …
Lobo Tiggre, CEO of Louis James LLC, talked to INN on the sidelines of the 45th annual New Orleans Investment Conference. All good things come to an end was the sentiment expressed by Lobo Tiggre, CEO of Louis James LLC, when the Investing News Network spoke with him on the sidelines of the 45th annual …
Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …
The world’s first prototype of a high-power research reactor driven by a particle accelerator is taking shape with the contribution of Tractebel nuclear and urban experts. A First agreement worth 7,6 million euros for the design of buildings and utilities was signed on November 5. On November 5, the first agreement for the implementation of …
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 …