Nuclear electricity costs set to decrease, study finds

The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency (NEA) and the International Energy Agency (IEA). The cost of electricity from new nuclear power plants remains stable, yet electricity from the …

Nuclear’s Role In Electric Vehicles

As the spot uranium price remains range-bound, Elon Musk predicts electricity demand will double by 2040 and nuclear must play a role. -Nuclear’s role to meet electric vehicle uptake -Silex Systems advances enrichment agreement -Uranium spot price continues to trade between US$29.00-30.00/lb By Mark Woodruff Media outlets have widely reported Tesla CEO Elon Musk’s comments that …

Department of Energy to Provide $12 Million for Nuclear Data Research

DOE Programs Support Cross-Cutting Research WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced a plan to provide up to $12 million for new research on nuclear data. The aim is to expand and improve the quality of data needed for a wide range of nuclear-related activities from basic research in nuclear science …

US senate committee approves uranium reserve bill

The US senate committee on Environment and Public Works (EPW) has approved a bipartisan bill called the American Nuclear Infrastructure Act (ANIA) that, among other provisions, advances the federal initiative to establish a US national strategic uranium reserve. Under the Act, the US Department of Energy will be restricted to only buy uranium recovered from …

Energy Bridge has geopolitical significance, says Polenergia

Grzegorz Stanislavsky, a member of the supervisory board of the Polish company Polenergia, as well as of the management board of the Ukraine Power Bridge Company, has insisted that the Ukraine-European Union Energy Bridge project should go ahead. The project has geopolitical significance, not only for Energoatom and the Ukrainian state, he said, but above all …

Hot testing of Tianwan 6 begins

Tests that simulate the temperatures and pressures which the reactor systems will be subjected to during normal operation have started at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021.   Hot functional testing of Tianwan 6 began …

Construction work resumes on Khmelnitsky units

The preparatory stage of the project to complete units 3 and 4 of the Khmelnitsky nuclear power plant in Ukraine has been completed and construction work has resumed, Piotr Kotin, acting president of Energoatom, announced last week. The project is part of a Ukrainian presidential decree of 22 September. According to preliminary conclusions, the condition …