Kazatomprom plans to maintain 2023 uranium production at a similar level to 2022, which it says would remove up to 5,000 tU from anticipated global primary supply. The Kazakh company also said its sale of a 49% share of Ortalyk LLP to a subsidiary of China General Nuclear Power Corporation (CGNP) will now be completed …
The hot functional test is currently ongoing at Olkiluoto 3, which is the final major test before first criticality and the start of electricity production. Yet another milestone was reached this week. The fuel loading of OL3, which lasted for five days, was completed successfully at the end of March. Now, preparations are underway for …
Uranium Participation Corporation (“UPC”) (TSX: U) is pleased to announce that two of the leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”), have recommended that shareholders of UPC vote FOR the plan of arrangement among UPC, Sprott Asset Management LP (“SAM LP”, a wholly owned …
With the successful connection to the grid, the No. 5 unit of the Hongyanhe Nuclear Power Plant started operating on Friday in Dalian, Northeast China’s Liaoning Province, adding to China’s third-generation nuclear power industry, which has been on a fast track to achieve a carbon emissions peak by 2030 and carbon neutrality by 2060, analysts …
Exelon says plant will close as planned without ‘quick passage of legislation’ SPRINGFIELD — The Illinois Senate failed to come up with a Clean Energy Bill this week, with environmentalists and labor leaders far apart on the negotiations. That means the future of the Byron Generating Station is still up in the air. “We are …
Unit 5 of the Hongyanhe nuclear power plant in China’s Liaoning province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation. The first pre-critical control point of Hongyanhe …
The China Atomic Energy Authority (CAEA) informed the IAEA yesterday that a minor fuel cladding failure had occurred at the Taishan Nuclear Power Plant. What are fuel cladding failures, and what do they mean for safety? Read our explainer to find out. Nuclear power plants are designed with multiple back-up and diverse safety systems as part of …
The country currently uses electricity and gas imports from neighbouring Iran to generate around a third of its electricity. BAGHDAD: Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order to reduce its external energy dependence, an official said Tuesday. The country currently uses electricity and gas imports …
The U.S. Department of Energy (DOE) recently released its Fiscal Year 2022 (FY22) Congressional Budget request which seeks a record $1.8 billion for the Office of Nuclear Energy (NE). This is a historic level of commitment by the Biden-Harris Administration and it clearly recognizes the important role our current nuclear fleet and future reactors will play in …
The U.S. nuclear power regulator has approved production of uranium fuel that is far more enriched than fuel for conventional nuclear power plants, the company aiming to make the material said on Monday. The fuel is known as high-assay, low-enriched uranium, or HALEU. Nonproliferation experts are concerned about the fuel as it is easier to …