France aims to reduce the share of electricity produced by nuclear reactors to 50 percent from 75 percent now by 2035, Environment Minister Francois de Rugy said on Sunday. The French government has long outlined plans to shrink the country’s reliance on nuclear energy to 50 percent, though the deadline for that goal had remained …
Kazakhstan will start exporting uranium to Ukraine. Today the country is exporting raw materials to China, the United States, France, India and Canada. A national nuclear company has won a tender for export of uranium oxide concentrate. GENNADIY KOBAL, DIRECTOR, INTERNATIONAL EXPERT COMPANY: – The tender was announced for a total purchase of 1,200 tonnes. …
As the energy generation space faces ongoing change, the world is also seeing growth in uranium demand. Few, if any, other energy sources are as misunderstood as nuclear energy. Following the end of the second world war, nuclear was seen by many in the public and in the energy sector as the energy of the …
Along the pine-lined shores of Finland’s bucolic western coast, a clean energy vision of the Nordic country’s future is quietly taking shape. On the tiny island of Olkiluoto, workers are applying the finishing touches to a new Evolutionary Pressurised Reactor (EPR) set to supply 10% of Finland’s electricity needs. Like all nuclear power reactors, the massive …
Canada’s new reactor research center will use advanced inspection technologies and micro materials testing to improve maintenance and ageing management programs, industry experts told Nuclear Energy Insider. Last month, Canadian Nuclear Laboratories (CNL) launched a new Centre for Reactor Sustainability (CRS) to support the long-term operation of nuclear power plants. The new facility will help …
A memorandum of cooperation has been signed between Japan and the USA to “promote the global leadership role” of the two countries in civil nuclear energy. The memorandum was signed on 13 November by Japan’s Ministry of Economy, Trade and Industry (METI) and Ministry of Education, Culture, Sports, Science and Technology and the USA’s Department …
The construction of a new power unit at the Tianwan Nuclear Power Plant (NPP) in China will begin in 2021, according to Russia’s state nuclear corporation Rosatom. It’s the biggest joint NPP project between the two nations. Together with the Chinese partners, we have already built four power units at this site and thus have …
Kazatomprom sold 15 percent of its stock in a dual-listing offering in London and Astana which valued the company at $3 billion, the bottom of its pricing range, the Kazakh state-owned uranium miner said on Tuesday. The sale of a stake in the world’s largest uranium producer is a first initial public offering of a …
China‘s total nuclear capacity is expected to reach 120-150 gigawatts (GW) in total by 2030, a senior industry official said on Thursday, more than triple the current rate but still lower than previous forecasts after a slowdown in new approvals. The prediction was made by Yu Jianfeng, chairman of the government-run China National Nuclear Corporation (CNNC), during …
As interest from financial investors and ongoing producer purchases continue to push up the uranium spot price, utilities are now in a hurry to top up supplies before year end. As producer purchases of uranium continue to underpin spot prices, with Cameco now having specifically disclosed its purchase intentions through 2018-19 (See: Producer Power from …
