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 …
TOKYO (AP) — Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country’s pledge of reaching carbon neutrality in 2050. The new basic energy plan, adopted by the Cabinet just in time for the climate summit in early November, calls for drastically increasing …
After the 2011 Fukushima disaster, it was Germany, not Japan, that cracked down most severely on nuclear power plants. A decade after the Fukushima nuclear disaster, Japan is moving ahead with plans to restart its nuclear power infrastructure. Germany, a nation with a long history of anti-nuclear sentiments, is on track to phase out all of …
JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) is pleased to announce that its Board of Directors has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd. (“ANU Energy” or “the Fund”), established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term …
The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …
The Rooppur Nuclear Power Plant is expected to become operational from 2023, months ahead of the scheduled 2024 timeframe, said Shaukat Akbar, its project director. Originally, the first unit of the nuclear power plant was scheduled to open by 2024 and the second unit by 2025. Now, the first unit will be running in 2023, …
Clarington, ON – The Canadian Nuclear Safety Commission has announced its decision to renew Ontario Power Generation’s (OPG’s) existing Site Preparation Licence for the Darlington New Nuclear Project. “OPG has the experience and expertise to lead the way on this next generation of clean energy, and we look forward to having an SMR in place in …
Korea Hydro & Nuclear Power Co., Ltd. (KHNP) has completed loading nuclear fuel assemblies into the Shin-Hanul Unit 1 reactor in South Korea. KHNP obtained permission to load fuel from South Korea’s Nuclear Safety & Security Commission (NSSC) on July 9, 2021. After loading of 241 fuel assemblies into the reactor, KHNP is conducting reactor …
The ongoing energy crisis has spurred division between France and Germany over expanding nuclear power. As energy prices continue to surge and shortages place energy infrastructure under increasing pressure, France is considering a new tack to shore up its energy mix. Per The Financial Times, President Emmanuel Macron is expected to soon approve the development of six small modular …
Nuclear power is the required energy source for development of the Russian gold deposit at Kyuchus, the country’s minister of natural resources and the environment, Alexander Kozlov made clear as the deposit’s development rights were auctioned. The small reactor planned for Ust-Kuyga will supply the mine. “It is important that for the first time, one …