Framatome’s digital instrumentation and control (I&C) systems at the Doel nuclear power plant in Belgium passed the final site acceptance test (SAT). This important milestone marks the completion of the project to modernize the control and emergency systems at units 1 and 2. As part of the project, Framatome designed, manufactured, tested and installed its …
A joint venture has been formed between Ultra Safe Nuclear Corporation (USNC) and Ontario Power Generation (OPG) to build, own and operate the proposed Micro Modular Reactor (MMR) project at the Chalk River Laboratories site. The joint venture – the Global First Power Limited Partnership – is owned equally by OPG and USNC-Power, the Canadian …
Unit 4 of the Beloyarsk nuclear power plant in Russia will be completely switched to uranium-plutonium MOX fuel in 2022, marking an important step towards closing the nuclear fuel cycle, Russia’s Rosatom has announced. The 789 MWe BN-800 fast neutron reactor is currently fuelled by a ‘hybrid core’ – a mix of uranium and plutonium …
Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons. The new law facilitates investor access to financing and supports exploration and geological survey activities, state news agency SPA said, quoting the minister of mining …
The New York congressman conceded the Covid-19 pandemic has “disrupted” Democrats’ plans to consider climate change legislation this year. Rep. Paul Tonko (D-N.Y.), who is fine-tuning legislation in the House that aims to push the U.S. toward net-zero greenhouse gas emissions by 2050, said on Tuesday he did not favor banning nuclear power. “Clean energy …
At the construction site of Russia’s Kursk II nuclear power plant, the truss console has been installed under the reactor shaft of unit 2. This component, weighing 145 tons and with a diameter of more than 9 metres, is the second part of the core melt trap, Kursk NPP said. With this achievement, one of …
On May 25, the Astravets Nuclear Power Plant (NPP), in Belarus, finished receiving nuclear fuel for the initial load of its first reactor (Belta, May 25). These nuclear rods, delivered in batches since May 6, are now ready to be loaded into the reactor, after careful inspection. If all continues to proceed according to plan, …
After surging 34 percent in March and April, the U3O8 spot price slowed down in May, only adding 2 percent over the four week period. Rapid value growth during the first months of 2020 has moved the energy fuel 37 percent higher from its January price of US$24.63 per pound. The upward momentum has excited market participants as the …
The Department of Energy is pushing a plan to shore up the ailing nuclear industry. Energy Secretary Dan Brouillette, the top brass of DOE and what loosely might be described as the nuclear energy establishment took to a webinar May 29 to explain and endorse the plan. The industry was represented by Maria Korsnick, CEO …
Kazakhstan’s sovereign wealth fund, Samruk Kazyna, said on Wednesday it had sold a 6.27% stake in Kazatomprom, the world’s top state-owned uranium miner, for $206 million in a move that sought to take advantage of improved market sentiment. The fund, created in 2008, said it sold the shares at $13 per global depositary receipt, a discount of …