It starts when state-sponsored nuclear-power companies underbid Western competitors. Russia and China are using nuclear power projects to build spheres of energy dependence, and the United States is unprepared to respond. In April, Turkey broke ground on its first nuclear power plant, which the government says will help meet the country’s rapidly growing demand for electricity and increase …
The uranium mining giant is off to a great start to the year for a couple of reasons. What happened Cameco Corporation (NYSE:CCJ) shares have displayed remarkable resilience so far this year after ending 2017 on a somber note. The uranium mining stock climbed a solid 27.4% during the first half of 2018, according to data from S&P Global …
Japan confirms role of renewables and nuclear as the 5th Strategic Energy Plan is approved by the Japanese Cabinet. On July 3, the Cabinet of the Japanese government approved the country’s 5th Strategic Energy Plan after receiving the final draft the Ministry of Economy, Trade and Industry (METI). The plan is significant as it sets forth …
The goal is to economize by using less gas and coal. Uzbekistan has said it has reached an agreement with Russia to jointly build a nuclear power plant, a development it says will help it economize on gas and coal. Opponents of the scheme, however, say the power station could pose a danger to the …
Slow demand growth and stockpiles will hinder sector growth, although the uranium price will still rise in the medium term. UK broker Liberum has sounded a note of caution about the future supply-demand balance in the uranium market. In a detailed 11-page research note Liberum set out its case that although demand for uranium from …
Japan will launch a public-private initiative to develop next-generation nuclear reactors that are safer and less expensive, hoping to spur a renewal of aging plants and keep atomic power as a viable energy source. The Ministry of Economy, Trade and Industry is in talks to create a forum within fiscal 2018 that will include power companies and reactor …
The punitive tariffs imposed by Washington and Beijing last Friday have sparked widespread fears that a trade war will severely damage the global economy and could have a predominantly negative effect on several aspects of the US market itself. Both countries have imposed a 25% tax on $34bn worth of goods produced by the other, …
A consortium of countries spearheaded by the United States has just formed an international pact to explore new ways to promote the responsible growth of nuclear energy. According to Deputy Secretary of Energy Dan Brouillette, the initiative seeks to “highlight the value of nuclear energy as a clean, reliable energy source.” This new alliance was …
Construction work for Bangladesh’s second nuclear power plant will start soon with the Bangladesh Atomic Energy Regulatory Authority (BAERA) granting licence to the Bangladesh Atomic Energy Commission, said ASE Group of Companies, a part of Rosatom State Atomic Energy Corp (Rosatom). India will also participate in the Bangladesh nuclear power project in construction and installation work and supply …
Emirates Nuclear Energy Corporation (ENEC) said on Tuesday it has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear Energy Plant in the Al Dhafra region of Abu Dhabi. ENEC said it has successfully completed the concrete pouring, installation of the turbine generator, and the internal components of …