An International Atomic Energy Agency (IAEA) team of experts has concluded a twelve-day mission to the Kingdom of Saudi Arabia to review its development of infrastructure for a nuclear power programme. The Integrated Nuclear Infrastructure Review (INIR), which ended on 24 July, was carried out at the invitation of the Government of Saudi Arabia. Saudi …
The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …
As a young adult fishing on Guntersville Lake in Northeast Alabama, U.S. Rep. Mo Brooks, R-Ala., recalls the thousands of workers employed building the Bellefonte Nuclear Power Plant and its giant twin cooling towers that tower over the lakefront skyline. Most of those workers left when construction was halted three decades ago when the Tennessee …
South Korea’s Korea Electric Power Corp (KEPCO) (015760.KS) has lost its preferred bidder status to buy Toshiba’s (6502.T) NuGen nuclear project in Britain as Toshiba looks at other alternatives, the Japanese company said on Tuesday. The project in Moorside, northwest England, was expected to provide around 7 percent of Britain’s electricity when built, but has …
EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration. A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …
Nuclear power will be essential for meeting the UK’s greenhouse gas targets, concluded a new report by Imperial energy experts. The energy sector is one of the biggest culprits for greenhouse gas emissions in the UK due to its historical reliance on burning fossil fuels. Many experts believe that combining new, lower-cost renewable technologies with …
In the face of rockbottom uranium prices, Cameco is indefinitely shutting down its Key Lake mill and McArthur River mines. Denis O’Hara, 61, has worked for Saskatchewan-based Cameco Corp. in its Key Lake uranium mill for eight years and had hoped to retire there. Instead, he learned on Wednesday evening that he and about 500 …
The Digest of UK Energy Statistics (DUKEs), published today by the Department for Business, Energy and Industrial Strategy (BEIS), shows low-carbon sources of electricity accounted for a record 50.1% of power generated in the UK in 2017, which is up from 45.6% the previous year. This figure consists of 21.0% from nuclear, 14.8% wind (onshore …
Approval of Chinese nuclear technology in the UK would act as a springboard to the rest of the world. China wants to become a global leader in nuclear power and the UK is crucial to realising its ambitions. While other countries have scaled back on atomic energy in the wake of the Fukushima disaster, state-backed Chinese …
South Korea will have enough capacity to deal with the peak summer energy demands with increased operations of nuclear reactors and new thermal power plants set to come online next month, the industry minister said Wednesday. Paik Un-gyu, minister of trade, industry and energy, refuted claims that the government is turning to nuclear power to …