Providing plentiful, clean, energy to the world’s growing population will become an increasingly difficult challenge as the effects of climate change begin to take hold and the demand for electricity grows. Nuclear Power Plants (NPPs) provide a reliable, low-carbon, energy source that should be a valued part of any growing country’s energy generation plans. The …
The Sprott Physical Uranium Trust (U.U) is up 45.7% since its July 19th inception. It is the largest physical uranium fund in the world and a convenient way for investors to get exposure to a substance that could be critical to the world in the years to come. Uranium has a fascinating history, but its present and future are …
Congress has a long-standing aversion to climate policy. Cap and trade saw a spectacular death in 2010. A plan to pay utilities for selling more clean electricity was axed this month. And proposals to tax carbon dioxide emissions never had a chance. But there is one major exception to lawmakers’ reluctance to tackle greenhouse gases: …
Irish commissioner in eye of storm as member states row amid energy crisis Ireland’s European Commissioner Maireád McGuinness is moving closer to classifying nuclear energy and gas as having a role to play in the transition to climate neutrality as an energy price crisis consumes the European Union. Soaring electricity bills have made the issue politically …
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, …