Uranium producers feel impact of supply chain issues

Kazatomprom has reduced its expected production figures for 2021 due to delays in exploration and wellfield development activity, citing pandemic-related supply chain issues which have had a material impact on production schedules. The Kazakh uranium producer’s announcement comes days after Canadian company Cameco reduced its forecast for fuel services production for the year citing supply …

Georgia Power allowed to bill customers $2.1B for Plant Vogtle expansion

ATLANTA — Georgia’s utility-regulating agency voted unanimously Tuesday to let Georgia Power pass on to customers $2.1 billion of the costs of completing the first of two new nuclear reactors at Plant Vogtle. That figure, which will boost average residential customer bills by $3.78 a month, was set in an agreement the Atlanta-based utility and …

Sodium-cooled fast reactors and the future of nuclear energy

A new paper by Technical Director of the Generation IV International Forum, Gilles Rodriguez, published in the open-access journal EPJ Nuclear Sciences & Technologies, provides a comprehensive review of joint research into sodium-cooled fast reactors undertaken by French and Japanese researchers. Many countries are already using sodium-cooled fast reactors to provide energy; a new review paper …

Nuclear Power Foundation of China’s Future Generation

China has its sights set on being the world leader when it comes to nuclear power technology. The country has brought its first Hualong One—a third-generation pressurized water reactor—online at the Fuqing plant in Fujian province, with its developers calling it a “strategic tool for the government to promote nuclear power technologies abroad.” China is …

Russia’s Rosatom Gets Go-Ahead from Turkey to Begin Construction of Fourth Unit of Akkuyu NPP

JSC Akkuyu Nuclear, a subsidiary of Russian nuclear conglomerate Rosatom, got the green light from Turkey’s Nuclear Regulatory Council to start construction work on the fourth power unit of the Akkuyu nuclear power plant (NPP) in southern Turkey. “Obtaining a license allows to start performing all construction and installation work on the unit, including nuclear …

The Future of the Nuclear Industry is in Developing and Newly Industrialised Countries

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 …

Uranium Is an Investment in the Future

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 …

McGuinness moves towards including gas and nuclear in green transition

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 …