China has started construction on three new nuclear power plants in the provinces of Shandong, Fujian and Guangdong, the country’s energy regulator said on Thursday, marking the end of a moratorium on new projects. Li Fulong, head of the development and planning office of the National Energy Administration (NEA), told reporters at a briefing that …
The operator of the nuclear plant wrecked by a 2011 earthquake and tsunami said Wednesday that it will decommission four more reactors in northeastern Japan in addition to those already being scrapped. Tokyo Electric Power Company Holdings said a final decision on dismantling the four reactors at the Fukushima Dai-ni plant will be formally approved …
Director General of Rosatom Atomic Energy Corporation Alexey Likhachev and the Minister of Energy and Natural Resources Fatih Dönmez held a working meeting at the construction site of the Akkuyu nuclear power plant in the Turkish province of Mersin. The parties acknowledged the progress of the construction works, discussed localization of supplies and involvement of …
The South African Young Nuclear Professional Society (SAYNPS) urges the minister to follow through with plans to return the South African nuclear industry to its former glory. Following Minister Gwede Mantashe’s Mineral Resources and Energy Budget Vote Speech earlier this month, the organisation is very optimistic about the future of the nuclear industry in South …
New nuclear power and new technologies to cut emissions across the economy could be rolled out under a new financing model and government investment to decarbonise the UK’s energy sector. The government today (23 July 2019) set out proposals to explore the use of the Regulated Asset Base (RAB) approach to attract significant private investment for future …
Yu Jianfeng, chairman of China National Nuclear Corporation (CNNC), signed a Memorandum of Understanding with Mohamed Al Hammadi, CEO of Emirates Nuclear Energy Corporation (ENEC) at the Great Hall of the People in Beijing on July 22. On the same day, Yu also signed a cooperation agreement on building a center of finance and investment …
Last Tuesday, Cameco (TSX:CCO)(NYSE:CCJ) celebrated U.S. president Donald Trump’s decision to execute no new exchange confinements on uranium imports under Section 232 tariffs and quotas. Until 2009, Canada was the world’s largest producer of uranium when Kazakhstan’s production surpassed Canada’s 22% market share. Today, Canada exports 85% of the $2 billion of Canadian produced uranium. …
Saudi Arabia will be one of a handful of countries expected to receive state-of-the-art advanced nuclear reactors from China and Russia, according to a new report. The report, “Advancing Nuclear Innovation: Responding to Climate Change and Strengthening Global Security,” was commissioned by the Global Nexus Initiative. This is a project established by the Partnership for Global Security, a …
Tribeca Global Natural Resources Ltd. says President Donald Trump’s refusal to impose U.S. uranium production quotas has awoken institutional investors to uranium, thus removing the “handbrake” holding back investment in the sector for the past year. Defying a U.S. Commerce Department Section 232 investigation finding that uranium imports threaten national security, Trump refused the recommendation …
Enough communities in Utah and elsewhere have agreed to purchase nuclear power from a small modular reactor planned at the Idaho National Laboratory, triggering a next phase in its development. Participating members in the Carbon Free Power Project signed contracts that total more than 150 megawatts, which means there will be an increased focus on …
