The second VVER-1200 reactor at the Leningrad nuclear power plant in western Russia began commercial operation today. Leningrad II-2 is the fourth VVER-1200 in operation in Russia and beings the total number of nuclear power units in the country to 38. The VVER-1200 has a 200-megawatt bigger capacity than, and a design life twice as …
Summary “We still think we are a long way from the exit” says Brian Laks from Old West Investment Management, a firm which launched a fund focused on the uranium opportunity. We catch up almost a year later after our first interview and a strong rally in uranium equities, as institutional investors have been entering …
Russia will help Armenia extend the life of its nuclear power plant in Metsamor for another 10 years, according to the director of the station. Addressing a conference in Yerevan on the development of nuclear energy in Armenia on March 18, Movses Vardanian said that a working group is being set up jointly with the …
A group of South Korean firms has signed a partnership agreement with Egyptian state-owned construction company Petrojet to help train Egyptian employees for the planned El Dabaa nuclear power plant, which is to be built by Russia. A construction licence for the El Dabaa plant is expected to be issued in the second-half of 2021. …
It serves as a critical support link powering the fuel needs of the country’s nuclear power programme Nuclear Fuel Complex is in the process of expediting the implementation of the Rs 4,200 crore second facility coming up at Kota in Rajasthan. The Hyderabad-based strategic PSU serves as a critical support link powering the fuel needs …
This is the third in a series of blogs from the Global Public Affairs webinar Nuclear Power: Part of Canada’s Energy Transition. If you want to learn more from some of Canada’s top nuclear experts, don’t miss the previous blog in this series: What are SMRs? And what is their role in decarbonization and electrification? …
Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase …
Poland’s central bank will help the state to obtain 51 percent of the funds necessary to build the country’s first NPP, the bank’s governor has told the “Sieci” weekly. Adam Glapinski, governor of the National Bank of Poland, told the weekly on Monday: “At the start, let the Americans build six nuclear power plants here… …
South Korea’s state-run utility Korea Electric Power Corp. (Kepco) said Monday it has started a process to insert fuel rods into the second reactor in the Barakah nuclear plant of the United Arab Emirates (UAE). Kepco and the Emirates Nuclear Energy Corp. (ENEC) said they kicked off the process starting last week. South Korea completed …
At the beginning of the new millennium, amid growing awareness of the link between energy-related greenhouse gas emissions and climate change, the notion of a ‘nuclear renaissance’ became popular. Scientists and policy makers identified low carbon nuclear power as a potential protagonist in the transition to clean energy. However, the accident at the Fukushima Daiichi …
