Investors Get Charge Out Of Small Modular Nuclear Reactors

The opportunity to provide carbon-free power to pair with renewables, combined with promises of increased safety over traditional nuclear plants, appear to be opening the door to the use of small modular reactors (SMRs) as a source of baseload power. “The world isn’t getting smaller,” said Chris Colbert, chief strategy officer for SMR designer NuScale Power. “Not …

Tianwan 5 achieves grid connection

Unit 5 of the Tianwan nuclear power plant in China’s Jiangsu province has been connected to the grid for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor achieved the milestone at 19:52 local time on 8 August, China National Nuclear Corporation announced today. The unit, which achieved first criticality on 27 July, …

Nuclear Energy for Non-Electric Applications Key for Climate Change Mitigation

Using nuclear energy to produce hydrogen, desalinate seawater and heat buildings can further enhance nuclear power’s contribution to climate action while also boosting its economic viability, speakers at a recent IAEA webinar said. Nuclear power accounts for around one-third of global low carbon electricity production. But in addition to powering millions of homes and businesses, …

Geiger Counter – Hot stuff

 Hot stuff The covid-19 pandemic has heavily impacted global uranium production, taking around 20% of global capacity offline. This has exacerbated the supply deficit, leading to users running down inventories at an even faster rate. The net effect has been a rising uranium price (up 32% so far in 2020), but the managers of Geiger …

Kazatomprom workers returning to site, confirms spot market purchases

Kazakhstan-based Kazatomprom is mobilising employees and expects to have its sites back to normal staff levels within two to three weeks. The world’s largest uranium producer said on Monday it believed it could safely begin to bring staff back to its mine sites, after a four-month Covid-19-related shutdown. Production in the second half of the …