Five groups are considering whether to partner with Brazil’s state-controlled Eletronuclear to resume construction of nuclear power plant Angra III, already partially built by the government, newspaper Valor Econômico reported on Tuesday, citing unidentified sources. The foreign companies’ interest in the venture grew after a government agency raised the price of the energy produced at …
The Netherlands will not be able to meet its clean air targets without reintroducing nuclear power, Klaas Dijkhoff, leader of the right-wing VVD in parliament, told current affairs show Nieuwsuur on Monday night. Nuclear energy offers the best way of meeting the targets set down in the Paris agreement, Dijkhoff said, adding that it is …
Saudi Crown Prince Mohammed bin Salman launched a project on Monday to build the kingdom’s first nuclear reactor. Described as a low-energy nuclear research reactor by the state-run Saudi Press Agency, the project is among seven other strategic developments which the prince launched during a visit to King Abdulaziz City for Science and Technology, a …
Orano, in partnership with the company ARIS, has been awarded two contracts with EDF which shall account for a significant volume of business. They are part of a call for tenders launched in 2018 in France for the renewal of nuclear electricity production support activities. The activities envisaged under the terms of the contracts concern …
French nuclear operator EDF has received clearance to restart three more reactors in the Creusot review, a spokeswoman for nuclear safety regulator ASN told S&P Global Platts Tuesday. This brings the number of reactors cleared to 49, leaving nine of the total 58 still awaiting clearance. The three reactors cleared since the last update on …
Exclusive to SightlineU3O8: This fall, we spent some time revisiting and updating the SL|U3O8Price Outlook. After reporting it for just over a year, we wanted to see just how well we had done and determine what learnings could be incorporated into the model going forward. Last April we shared the underlying logic and methodology behind …
Photo taken on March 21 shows the installation site of a hemispherical dome at the No. 6 unit of China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian Province. In May of 2017, a containment dome was installed on the No. 5 unit of the nuclear power plant, the first reactor featuring …
One of the two reactors aboard Russia’s first floating nuclear power plant, Akademik Lomonosov, has achieved a sustained chain reaction for the first time. The second reactor will be started up and tests carried out before the plant is towed to Pevek next year. “The physical launch of the reactor unit on the starboard side …
China’s state-owned power plant operators are introducing safer, more efficient nuclear reactors as the government looks to raise its nuclear power capacity by 50% by 2020 to reduce its reliance on coal. So-called generation III plus reactors have safety features that automatically shut down the unit if the power is cut off. At least three advanced …
The CEO of Korea Electric Power Corporation (Kepco) said it still hopes to be picked for a $20 billion nuclear power plant project in Saudi Arabia that is expected to be decided by the end of next year. Kim Jong-kap, Kepco’s president, said the biggest factor in winning the bid will be how much localization …
