US turbine manufacturer General Electric has applied to participate in the construction of the Belene Nuclear Power Plant, Bulgarian Energy Minister Temenuzhka Petkova said. By August 19, which is the deadline for receiving offers, she expects an offer from Russia’s Rosatom, as well, BNR reported. One cannot speak of a Russian project because the site and the …
To continually support the safety and efficiency of the world’s power supply, international leaders in nuclear safety and regulation convened at Penn State on July 1 to establish and guide an upcoming research project to be conducted in the Department of Mechanical Engineering (ME). Fan-Bill Cheung, the George L. Guillet Professor of Mechanical Engineering and …
Government pumping £18m into construction of reactors designed by Rolls-Royce which are expected to create thousands of jobs. A series of mini-nuclear reactors could be built across the North in a major power scheme. Plants could generate energy in Yorkshire, Cumbria, Lancashire and Cheshire under a project spearheaded by Rolls-Royce for “small modular reactors”. The …
A steep decline in nuclear energy capacity will threaten climate goals and power supply security unless advanced economies find a way to extend the lifespan of their reactors, the International Energy Agency said. Nuclear is currently the world’s second-largest source of low-carbon electricity, behind hydropower, and accounting for 10 percent of global electricity generation. But …
America’s oldest and biggest research lab in Oak Ridge has reshaped science around the world and remains a key asset for East Tennessee’s workforce, businesses and economy. This Sunday and next, the Times Free Press looks at some of the work of the Oak Ridge National Laboratory and its impact in our region. In 2015, …
To deal with rapidly rising costs and other difficulties, four major companies are considering jointly constructing and operating nuclear power plants, sources said. Tokyo Electric Power Co. Holdings Inc., Chubu Electric Power Co., Hitachi Ltd. and Toshiba Corp. are aiming to reach a basic agreement in late August toward the joint plan, according to the …
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 …