EXCLUSIVE TO SIGHTLINE U3O8: In January 2017, while announcing planned production cuts, the Chairman of the Management Board of Kazatomprom (Kazakhstan’s national uranium arm) explained that the glut of uranium supply would be the reality of the market for the near term. He then went on to state, “It will be better for our shareholders and …
MINING operations at Swakop Uranium’s Husab mine in Erongo were stopped on Tuesday after workers aired concerns over their safety in light of claims that unchecked explosives and detonators were discovered on the site. Sources on the mine told The Namibian that about 500 workers in the mining department stopped working yesterday already and will not return …
The share of nuclear power generation in the global energy mix is set to decline through 2040 if there is no policy support to promote investment, according to the International Energy Agency (IEA). “Nuclear energy plays a major role in both energy security and sustainability in today’s energy mix,” Dr Fatih Birol, the IEA’s Executive …
Want to whip climate change? It’s time to embrace the nuclear option, which is, in fact, nuclear power. So argues Alberta’s most enthusiastic advocate for nuclear power, engineer Sean Wagner, who runs the Alberta Nuclear Nucleus blog to educate folks on the benefits of nuclear energy. Alberta uses 10 to 11 gigawatts of electrical power …
Uranium production in Namibia is forecast to rise by 50 percent year-on-year in 2019, more than double the rate of expansion from last year’s 20 percent level, a research firm said. Fitch Solutions Macro Research in the Africa Monitor report for southern Africa released Wednesday, said depressed uranium prices due to overcapacity led to a …
BP might not be the first source you go to for environmental news, but its annual energy review is highly regarded by climate watchers. And its 2018 message was stark: despite the angst over global warming, coal was responsible for 38% of the world’s power in 2017—precisely the same level as when the first global …
The possibility of Britain exiting the European Union without a deal is coming into sharper focus for power, natural gas and carbon allowance traders as futures for next month start to expire. A no-deal Brexit could rattle traders because of the complicated links that hold the EU energy market together. For example, natural gas produced …
South Korea’s Kepco Engineering & Construction Company has signed an agreement with Czech engineering firm UJV Rez to strengthen their cooperation in nuclear power plant projects. Kepco E&C said it had already carried out many activities with UJV Rez, including hosting a nuclear technology exchange workshop. It said it hoped to establish more concrete cooperation with the Czech …
Nuclear power plants produced 61% of Ontario’s electricity in 2018 and remain a “substantial form of generation” while supporting system reliability, according to newly released data from the Canadian province’s Independent Electricity System Operator (IESO). Total electricity demand for the year was 137.4 TWh, which was in line with 2015 and 2016 figures but slightly …
Construction of China’s first nuclear power plant this year is scheduled to start in Zhangzhou, Fujian province, with work on unit 1 starting on June 30, according to a statement released on the website of the city’s ecological environment bureau. As each unit has an average construction period of 60 months and there will be …
