The government must commit to developing more nuclear capacity if the UK is to cope with the expected doubling of electricity demand by 2050, a new report has found. According to the Centre for Policy Studies, failure to invest in new nuclear power could see the UK forced to choose between hitting its net zero …
The Global X Uranium ETF [URA] is expected to glow brightly once more in 2021. The ETF ended 2020 at $15.33 before rising 0.9% to $15.47 on 19 January. On the same date last year, it stood at $10.71, sliding to $6.94 on 18 March as the coronavirus pandemic battered markets. The fund reported cumulative …
A daylong Nuclear Regulatory Commission meeting Thursday will revolve around discussion of any technical issues that could arise if nuclear power plants were licensed to operate for 100 years. When a nuclear power plant is first licensed by the NRC, that license permits a plant to operate for 40 years. After that, owners of nuclear …
The UK and Japan have signed a research and technology deployment collaboration agreement to help automate nuclear decommissioning and aspects of fusion energy production. The collaboration is expected to lead to new robotics and automation techniques used in Japan and the UK. The four-year, GBP12 million (USD16 million) UK-Japanese robotics project – referred to as …
India’s success in connecting its largest domestically-built nuclear reactor to the grid is a boost for plans to deploy the technology to help the world’s third-biggest polluter limit emissions, according to the official overseeing the plans. The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station, located in the western state of Gujarat, …
Romanian national nuclear company Societatea Nationala Nuclearelectrica (SNN) has been awarded a non-refundable grant of USD1.28 million by the US Trade and Development Agency (USTDA) for use in the identification of potential sites in Romania to host small modular reactors. The USTDA is an independent federal government agency focused on connecting US companies with export …
Unit 1 of the nuclear power plant under construction in Belarus reached 100% of its capacity on 12 January, Russia’s Rosatom said yesterday. The reactor, near Ostrovets in the Grodno region of Belarus, is of the AES-2006 design, which is the latest version of the VVER-1200 and the first of its kind built outside Russia. …
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; …
The Office of Nuclear Energy (NE), part of the US Department of Energy, has outlined its plan to support the existing US nuclear generation fleet, demonstrate the latest innovations in nuclear energy technologies and explore new market opportunities. The Strategic Vision is a blueprint for NE to achieve its mission of advancing nuclear energy science and …
The International Energy Agency (IEA) will later this year publish the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050. It is among a number of projects for 2021 announced by the IEA yesterday to support efforts to reach global energy and climate goals. The IEA said the new special …
