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 …
Poland is considering the site of Europe’s largest coal-fired power station as a location for a nuclear plant, part of Warsaw’s ambitious reactor new-build programme, Piotr Naimski, secretary of state for strategic energy infrastructure, told local RMF FM radio. Mr Naimski said Poland’s first two or three units will be built at one of two …
Nuclear energy will “absolutely” be politically palatable, billionaire philanthropist, technologist and climate change evangelist Bill Gates recently told Andrew Ross Sorkin on CNBC’s “Squawk Box.” Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it’s a necessary, worthy and surmountable challenge to correct the naysayers, …
Ontario Energy Report highlight company’s role in powering the province and supplying life-saving medical isotopes around the world Just over a year ago, Bruce Power raised the curtain on its Major Component Replacement Project with the start of its Unit 6 refurbishment. It was the start of a challenging 2020 in the face of a …
The IAEA hosted a virtual national seminar on topical issues of nuclear law for Sri Lanka last month. Topics presented and discussed ranged from transparency in nuclear law and the legal provisions for the safety and security of radioactive sources to benefits of the Convention on the Physical Protection of Nuclear Material (CPPNM), its Amendment …
Nuclear power plants in the EU produced about 26% of the total electricity generated in the Union in 2019, according to data from the specialized Eurostat survey. Thirteen Member States, including Bulgaria, operated a total of 106 reactors, which generated 765,337 GW/h of electricity. The largest producer of nuclear energy in the EU is France …
Ukraine’s electricity grid needs the construction of new nuclear power units, Yuriy Boyko, the country’s deputy energy minister said last week. Speaking to delegates at Atomic Energy: The Future of the Industry on 17 February, Boyko described the importance of at least three new units. Nuclear power plant operator Energoatom published Boyko’s comments on its website. Energoatom …
