A top Trump administration official called on Bill Gates to work with the Energy Department on building an advanced nuclear reactor in America after the billionaire shelved plans to do so in China. Driving the news: Gates said late last year that his nuclear-energy company, TerraPower, won’t be building a pilot project in China due to restrictions the Energy …
All the main equipment has now been installed at the first of two demonstration Hualong One units under construction at the Fuqing site in China’s Fujian province. Installation of the steam generators has begun at the second unit. Installation of the third and final main reactor coolant pump at Fuqing unit 5 was completed on …
Analysis by the Nuclear Energy Agency (NEA) has found that regardless of the role nuclear energy will play in meeting future electricity demand and global climate objectives, global supplies of Uranium are projected to meet world demand for the foreseeable future. The NEA reported its findings in the study, Uranium 2018: Resources, Production and Demand. The …
2018 has been a challenging year for those of us who speculate in the junior resource space. But, despite one of the toughest years I’ve ever seen, there’s a lot to look forward to in 2019. Earlier this year when everything was rosy, the overall indices and all cryptocurrencies were going straight up (where’d all …
Saudi Arabia’s population has grown from 4 million in 1960 to over 31 million in 2016. It is the main electricity consumer and producer in the Gulf region, with 345 trillion watts of gross production in 2016, of which 41 percent was produced from oil and 59 percent from gas. The electricity consumption in the …
The new Philippe Coste uranium conversion plant at Orano’s Tricastin site in southern France has now been commissioned following the completion of a test programme. Orano said that during the testing programme the plant’s process equipment was progressively started up so that the complete manufacturing line could be tried out. The major equipment of the …
The company behind a £12bn new nuclear power plant in Wales has said it is making every effort to ensure the project goes ahead. Hitachi said it had “not given up” on its plans for Wylfa Newydd, Anglesey. It follows speculation the company was considering scrapping the Horizon project due to potential increases in construction costs. Executive …
On december 3rd McIntyre Partnerships, a hedge fund in New York that normally buys equity and debt securities, told investors it was buying a commodity: uranium. This “slight anomaly” was justified by the metal’s impressive recovery, said its founder, Chris McIntyre. Uranium’s spot price has jumped by 41% since April, to near a two-year high …
Given the security of Hungary’s energy supply as well as economic and climate protection considerations, Hungary has “no alternative” to building a nuclear plant, the minister without portfolio in charge of the upgrade of the Paks nuclear power plant told an international energy conference in Budapest on Tuesday. Climate policy goals cannot be fulfilled without …
It’s been an early start to winter this year across much of the Central and Eastern United States. And plunging temperatures have highlighted a surprising fact: Not only are natural-gas prices soaring, but fuel stockpiles have dipped to unusually low levels. It’s a somewhat unexpected turn of events — since the United States has been the …
