The second EPR reactor at the Taishan nuclear power plant in China’s Guangdong province has reached full generating capacity for the first time, Framatome has announced. Taishan 2 is expected to enter commercial operation later this year. The Taishan project – 140 kilometres west of Hong Kong – is owned by the Guangdong Taishan Nuclear …
Unit 6 of the Yangjiang nuclear power plant in China’s Guangdong province has met commercial operation conditions and is now generating electricity, China General Nuclear has announced, adding it had only the formality now of waiting for the remaining permits and documentation. The 1000 MWe CGN-designed ACPR1000 pressurised water reactor achieved a sustained chain reaction …
Tension has been increasing between the U.S. and Iran. Central to the conflict is uranium enrichment, with each country accusing the other of bad faith. During the turmoil, Iran announced that it had crossed an important threshold: They had enriched uranium past the 4.5% level. But what exactly does that mean? Uranium is the heaviest …
Summary Uranium prices are finally picking up steam following their 11-year bear market. Prices are on track to soon reach the cost of production estimates which may buoy equities out of their rut. The Global X Uranium ETF has fallen by over 15% in recent weeks due to the equity sell-off. Long-term buyers who handle …
The Tennessee Valley Authority has completed a $475 million power upgrade at its oldest and biggest nuclear power plant that helped boost the plant’s output by 14% and boosted TVA’s overall noncarbon production of electricity to 58% of its power generation this spring. Over the past four years, by making more than 200 equipment modifications …
Today in accordance with the National Environmental Policy Act (NEPA), the U.S. Department of Energy (DOE) published a Notice of Intent in the Federal Register announcing that the department will develop an Environmental Impact Statement (EIS) to study the impacts of building a Versatile Test Reactor in the U.S. to test future fuels and materials …
Business leaders questioned the future of the nuclear power industry at a meeting of Japan’s largest business group, with some arguing that renewable energy solutions are more in line with global trends. While Keidanren (Japan Business Federation) has consistently favored restarts of suspended reactors across the nation, arguments among members have also emerged over related …
Uranium miner Ur-Energy Inc said on Tuesday it was forced to cut jobs and curb spending, following President Donald Trump’s decision last month to not set quotas for domestic production. Trump declined to issue quotas for domestic uranium production in July and instead ordered a 90-day governmental review, saying he did not concur with a …
A bipartisan group of senators on Thursday introduced a bill that aims to extend the life of the United States’ current nuclear fleet. Sens. Chris Coons, D-Del., and Martha McSally, R-Ariz., introduced the Nuclear Energy Renewal Act, which would authorize $755 million per year from 2019 to 2029 to “enhance the economic viability of the …
Australia’s Energy Minister Angus Taylor has asked the House Standing Committee on the Environment and Energy to investigate the nuclear fuel cycle, Committee Chairman Ted O’Brien announced today. “This will be the first inquiry into the use of nuclear energy in Australia in more than a decade and I believe it’s the first time the …