Electricity generated from the world’s nuclear reactors increased for the seventh consecutive year in 2019, with electricity output reaching 2657 TWh. This was an increase of 95 TWh on the previous year, and the second-highest ever output, according to Agneta Rising, Director General of World Nuclear Association. At the end of 2019 the capacity of …
Freight water terminal located at Padma river became fully operational on Rooppur NPP construction site in Bangladesh (General Contractor — JSC “Atomstroyexport”, a company of Rosatom Engineering Division). The port is intended for receiving various process equipment for the construction and further operation of Nuclear Power Plant, including the delivery of fresh fuel and removal …
A working group that has examined the need to reform the nuclear energy legislation considers it necessary to launch a comprehensive legislative reform because of the ambiguity of the current legislation, changes in the operating environment of nuclear facilities and the expected developments. The working group submitted its final report to Minister of Economic Affairs …
A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power. The effort is part of the billionaire philanthropist’s push to help fight climate change, and is targeted at helping …
Los Alamos County’s Carbon Free Power Project (CFPP) will advance into the next phase. The motion to approve continuing the project passed 5-2 during Tuesday night’s County Council meeting. Councilors Randall Ryti and Antonio Maggiore opposed the motion. With this approval, the project’s next phase includes a financial commitment from the County totaling $1,046,849 to …
Kazatomprom KZAP.KZ, KAPq.L, the world’s No. 1 uranium miner, has started buying the metal on the spot market and may purchase more this year to replenish its stock after the coronavirus pandemic upended the global market, it said on Thursday. Supply disruptions have accelerated the rebalancing of the nuclear fuel market, pushing up the spot price and prompting …
POLAND HAS AFFIRMED IN RECENT weeks its determination to close its power generation gap by building between 6GW and 9GW of new nuclear capacity. However, construction of the first plants will now not start until 2026. The initial plan had been to start construction around 2020 and to have Poland’s first nuclear plant in operation …
Summary Cameco’s profitability relies on uranium pricing moving up from current cycle lows. COVID-19 has interrupted Cameco’s production and has added more uncertainty to global supply. Demand for nuclear energy and reactor construction has slowed in western nations in the wake of the Fukushima disaster. The bull case for uranium demand growth hinges on a …
All the nuclear fuel has been loaded into the first unit of the Belarusian nuclear power plant. Physical launch operations continue, BelTA learned from Vigen Marukhyan, Head of the Nuclear Safety Regulation Office of the Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor), on 20 August. According to the source, as of …
Kazatomprom KZAP.KZ, KAPq.L, the world’s biggest uranium miner, will keep its output reduced by 20% through 2022, it said on Wednesday, in order to help the market recover. “The decision to keep production similar year-over-year, and extend production curtailment into 2022, is indicative of a global uranium market that is still recovering from a long period of …