A proposed amendment to Spain’s draft climate change and energy transition bill that would prohibit the exploration and extraction of uranium is unconstitutional, says Berkeley Energia. The Australian-based company is at an advanced stage in licensing its Salamanca uranium mine. The draft bill was originally presented to the Spanish Parliament in May 2020. A series …
The Canadian government is investing CAD20 million (USD15 million) of federal funds to accelerate development of Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) power plant. Small modular reactors (SMRs) are expected to play a key role in the country’s efforts to achieve net-zero greenhouse gas emissions by 2050 and in providing economic benefits as it …
Miner predicts uranium price could soar as supply deficit grows in coming years At current prices ‘there is no incentive to build new mines’ Uranium supply shortfall could reach 50 million pounds this year Uranium prices could triple to $US100 per pound (A$140/pound) on a looming supply crisis for the generation fuel just as a …
Uranium miners have been battered for years by low prices, but market forces and policy changes could push companies to consolidate. Hundreds of uranium companies around the globe shut down in the face of low prices over the past decade, and there is widespread agreement that the number needs to be even lower. “Of the …
Ultra Safe Nuclear Corporation (USNC) is proposing to deploy its Micro Modular Reactor (MMR) at sites in Idaho and Illinois by 2026 through partnerships with Idaho National Laboratory (INL) and the University of Illinois at Urbana-Champaign (UIUC). The proposals are part of the US Department of Energy’s Advanced Reactor Demonstration Program, which aims to accelerate …
Bruce Power and Westinghouse Electric Company have agreed to pursue applications of Westinghouse’s eVinci micro reactor programme within Canada. The companies said the agreement supports efforts by the federal and provincial governments to study applications for nuclear technology to reach their goal of a Net Zero Canada by 2050. Over the next year, the work …
Cold functional testing has been completed at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province, China National Nuclear Corporation (CNNC) has announced. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021. Cold functional tests are carried out to confirm whether components and systems important to safety …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …
Most respondents to UxC’s annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said. UxC’s biannual survey asks utilities and …
Scalable plants of around 200MW could take on the toughest decarbonisation challeges – but not until 2040 or so, says CFS chief executive Nuclear fusion can “fill the gaps” left by wind and solar by safely and cost-competitively cracking the toughest challenges facing global decarbonisation – albeit not until the 2040s –the boss of a …
