Summary After recent supply cuts, Uranium was in a supply deficit coming into 2020. COVID-19 further reduced supply, for both 2020 and 2021, with the two largest producers now buying in the spot market. Uranium prices have to significantly increase to encourage new supply. After a decade long bear market, the time to invest in …
The K-2 Unit of Karachi nuclear power plant in Pakistan, the first overseas unit using Hualong One technology, successfully completes hot functional tests on Sept 4. [Photo/official WeChat account of CNNC] The K-2 Unit of Karachi nuclear power plant in Pakistan, the first overseas unit to use Hualong One (HPR100) technology, successfully completed its hot …
UAE National professionals held key roles in every phase of the construction, testing, start-up and grid synchronization of Unit 1 at the Barakah Nuclear Energy Plant Since its inception in 2009, the UAE Peaceful Nuclear Energy Program has achieved countless milestones – now including two of its most historic accomplishments to date, the successful start-up …
VIETNAM has been urged to reconsider its nuclear power programme as it struggles to meet demand for electricity in the nation. The recommendations for nuclear energy come as the government gathers public input for its 2021-2030 National Energy Master Plan. Vietnam Mining Technology Association chairman Tran Xuan Hoa said Vietnam’s energy imports has continued to …
Integrated Resource Plans (IRPs) filed on 1 September by Duke Energy Carolinas and Duke Energy Progress demonstrate the valuable role nuclear and natural gas can play as part of a balanced portfolio, the two companies said. The plans outline a range of options to achieve varying levels of carbon reduction, including for the first time …
Electricity generated from the world’s nuclear reactors increased for the seventh consecutive year in 2019, with electricity output reaching 2657 TWh. This was an increase of 95 TWh on the previous year, and the second-highest ever output, according to Agneta Rising, Director General of World Nuclear Association. At the end of 2019 the capacity of …
Freight water terminal located at Padma river became fully operational on Rooppur NPP construction site in Bangladesh (General Contractor — JSC “Atomstroyexport”, a company of Rosatom Engineering Division). The port is intended for receiving various process equipment for the construction and further operation of Nuclear Power Plant, including the delivery of fresh fuel and removal …
A working group that has examined the need to reform the nuclear energy legislation considers it necessary to launch a comprehensive legislative reform because of the ambiguity of the current legislation, changes in the operating environment of nuclear facilities and the expected developments. The working group submitted its final report to Minister of Economic Affairs …
A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power. The effort is part of the billionaire philanthropist’s push to help fight climate change, and is targeted at helping …
Los Alamos County’s Carbon Free Power Project (CFPP) will advance into the next phase. The motion to approve continuing the project passed 5-2 during Tuesday night’s County Council meeting. Councilors Randall Ryti and Antonio Maggiore opposed the motion. With this approval, the project’s next phase includes a financial commitment from the County totaling $1,046,849 to …
