Williams Industrial Services Group, an Atlanta-based company which is supporting Bruce Power’s Major Component Replacement project, officially opened its Canadian offices yesterday. Williams, which has worked at more than 40 nuclear stations throughout Canada and the United States, is providing project controls services to Bruce Power. The company’s Canadian operations are based in Saugeen Shores …
Uranium companies have been awaiting a price recovery following the tragic Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016, the spot uranium price has remained below US$30 per lb. uranium oxide (U3O8). Many uranium producers have curtailed and shuttered operations, maintaining assets while awaiting a more profitable future. Some juniors have successfully …
Summary: Even though the uranium spot price bottomed in late 2016, uranium mining stocks have not performed spectacularly since then, mostly because the uranium market is trading sideways. This decade should lead to uranium demand surprising to the upside as the world tries to reduce emissions, while limits to wind and solar power will have …
France could shut down its next two nuclear reactors in 2025-2026 if market conditions are right, earlier than expected as it presses ahead with plans to close 14 reactors by 2035, a government consultation document showed on Tuesday. Nuclear-dependent France aims to reduce the share of atomic power in its electricity generation to 50% by …
Turkey is reassessing its major partner for the country’s second nuclear plant in the Black Sea province of Sinop, Energy Minister Fatih Dönmez said on Jan. 19. In an interview with state-run Anadolu Agency, Dönmez said that the time schedule and pricing of the nuclear power plant in Sinop fell short of the ministry’s expectations …
Romania’s government will exit the deal with its Chinese partner China General Nuclear Power Corporation (CGN) on the construction of reactors 3 and 4 at the Cernavoda nuclear power plant, Prime Minister Ludovic Orban announced in an interview with Hotnews.ro. He invoked the European Union’s Green Deal rather than security issues or cost concerns circulated …
The European Commission yesterday unveiled its plan for at least EUR1 trillion (USD1.1 trillion) in sustainable investments over the next decade. The European Green Deal Investment Plan (EGDIP) is the investment pillar of the Green Deal, which aims to make the EU climate-neutral by 2050. In December last year, all member states agreed to green …
4 of 6 nuclear reactors would operate for an extra year if regulator approves plan. The timetable for decommissioning the half century-old Pickering nuclear generating station stands to shift if a new plan from Ontario Power Generation gets approved by Canada’s nuclear regulator. The plan would see four of Pickering’s six nuclear reactors operate for an …
The share of nuclear power plants in the power balance of Russia had increased up to 19.04% in 2019 (compared to 18.7% in 2018). The share of nuclear power plants in the Unified Energy System of Russia, excluding the output of the Bilibino NPP, which operates in an isolated environment, has reached the value of …
Iran’s top nuclear negotiator Abbas Araqchi and EEAS Secretary General Helga Schmid attend a meeting of the JCPOA Joint Commission in Vienna, Austria December 6, 2019. (Reuters) France, Britain and Germany confirmed on Tuesday that they had triggered the dispute mechanism in the Iran nuclear deal given its ongoing violations, but said they were …
