Stalled by the Fukushima effect and a three-year moratorium, China now favours development of the home-grown Hualong One for the domestic market China’s home-grown nuclear technology is gaining favour in the battle for the nation’s next generation of reactors, according to a state-owned developer, as it sought to recover from delays and cost blowouts from …
U.S. Energy Secretary Rick Perry has approved six secret authorisations by companies to sell nuclear power technology and assistance to Saudi Arabia, according to a copy of a document seen by Reuters on Wednesday. The Trump administration has quietly pursued a wider deal on sharing U.S. nuclear power technology with Saudi Arabia, which aims to build …
No matter whether you love it or hate it, it looks like nuclear energy is here to stay. Nuclear is quite cheap, it’s clean, it can help meet global energy needs, and it is supported by many governments around the globe. This is mostly because nuclear power emits no carbon. Due to climate change and …
The Trump administration is to be commended for its “energy dominance” policy with respect to oil and natural gas production, but on domestic uranium mining, used for nuclear power generation and national defense purposes, it is the United States that is being dominated. Fortunately, the administration is considering new corrective measures to address this vulnerability …
Moltex Energy and ARC Nuclear each claim thousands of new jobs possible in New Brunswick. NB Power and the New Brunswick government are looking at the potential for a second reactor at Point Lepreau as part of a bid to create a manufacturing industry in the province for mini reactors. If the plan is successful, …
Uranium, a nuclear metal, has seen a downside as well as an upside time to time, on account of changing trend in energy production methods and supply and demand dynamics in the last three years. The prices started its downturn in 2015 with Uranium Futures (UXX) dropped significantly from the level of $40.15 (Day’s high …
The Department of the Interior’s Bureau of Land Management approved the expansion of the Lost Creek uranium in-situ recovery project, an existing uranium mine operated by Lost Creek ISR in Sweetwater County. The record of decision, signed by Interior’s Assistant Secretary for Lands and Minerals Joseph Balash, will strengthen energy security, expand infrastructure and bolster …
Although Korea has exported nuclear power plants to the United Arab Emirates (UAE), it can exclusively supply nuclear fuel to the plants only for three fuel cycles, which add up to less than five years. After that, Korea has to compete with other countries such as the United States to supply nuclear fuel to the …
Back in July, I wrote an article for MoneyWeek magazine about uranium. “The most hated metal in the world is due a comeback” ran the title. Today we revisit uranium and consider some of its prospects from here. The winter seems cruel for nuclear fuel Since that article uranium has had something of a comeback, …
“For decades, the FSB agents, the Russian lobby at the highest levels have slowed down the process of diversification. Moreover, the regime of Yanukovych practically buried that process by stopping it. Only after demonstration of political will over the past five years, thanks to cooperation with the Westinghouse company, Ukraine has become the first country …
