The French government could be wrong to assume that power demand will stagnate or decline because electric cars could boost consumption, according to the boss of the country’s largest utility. The cautious view would be to plan for a “slight” increase in power demand, Electricite de France SA Chief Executive Officer Jean-Bernard Levy said at a …
General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company said. GE will supply four turbine units for the country’s planned 4,800 megawatt El Dabaa nuclear facility, it said Tuesday in a statement. The company will deliver one turbine each year from 2023 …
A large increase in the use of nuclear power would help keep global warming to below 1.5 degrees, according to a United Nations report published today. The Intergovernmental Panel on Climate Change (IPCC) special report – Global Warming of 1.5 degrees – was commissioned by governments at the Paris climate talks in 2015 and will …
Low cost uranium mining giant Cameco Corp (TSX:CCO)(NYSE:CCJ) is battling to survive the prolonged dip in the oversupplied uranium market, but there is new hope among contrarian investors on the stock as recent supplier collaborative efforts are beginning to yield some fruit. Two important factors favour the prospect of a sustained recovery on Cameco stock, …
A handful of nuclear power projects around the world completed notable achievements recently: Rostov 4 entered commercial operation, Tianwan 4 achieved first criticality, the Akademik Lomonosov floating nuclear power plant completed fuel loading, Leningrad II-1 received its commissioning permit, and the dome was installed on Karachi 3. Rostov 4 Rostov Unit 4 was placed into commercial …
EXCLUSIVE TO SIGHTLINE U3O8: The development of a deposit does not necessarily lead to a commercially viable project and opening a new uranium mine is not a simple or fast process. It takes a lot of time and effort. In fact, it can take a decade or longer to go from discovery to extraction. As …
Forty five years ago, it looked like nuclear energy would power America’s future. In a 1973 report, the U.S. Atomic Energy Commission predicted that 1000 reactors would power homes and businesses across the U.S. by the start of the 21st century. Instead, new plant construction stalled because of environmental concerns and fears about public safety. …
Of all the places expecting a risk of blackouts this winter, Belgium may be the most unexpected. Bureaucrats from the European Commission in Brussels have crisscrossed the continent for decades promoting the idea that power cuts will be a thing of the past as a border-free market emerges in energy. Governments across the region have spent billions …
President Donald Trump signed into a law new legislation that will speed up the development of advanced reactors in the United States. The Nuclear Energy Innovation Capabilities Act (NEICA) eliminates some of the financial and technological barriers standing in the way of nuclear innovation. It also represents a strong commitment by the government to support the commercial …
Unit 4 of the Tianwan nuclear power plant in China’s Jiangsu province moved closer to commissioning by achieving a sustained chain reaction for the first time. The Russian-supplied VVER-1000 is scheduled to begin generating electricity by the end of this year. Tianwan Phase I – units 1 and 2 – was constructed under a 1992 …
