Financial challenges facing nuclear energy need to be tackled by disrupting the status quo to help drive down costs, delegates heard at the recent World Nuclear Association 2018 Symposium in London. Excluding nuclear energy drives up the cost of electricity in future low-carbon scenario projections, Idaho National Laboratory’s David Petti, executive director of the recently released MIT …
Last week, the House passed a bipartisan bill that originated in the Senate called the Nuclear Energy Innovation Capabilities Act (S. 97), which will allow the private sector to partner with US National Laboratories to vet advanced nuclear technologies. The bill also directs the Department of Energy (DOE) to lay the ground work for establishing …
International Atomic Energy Agency and the Russian Federation have signed Sept. 17 an implementing agreement on the transportation of low enriched uranium (LEU) and equipment necessary for the functioning of the IAEA’s LEU Bank in Kazakhstan, RIA Novosti reported. The agreement has been signed by Oleg Kozin, Deputy General Director for Logistics of Techsnabexport JSC, …
Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …
It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …
Nuclear power generation provides about 11 percent of the world’s electricity from approximately 450 nuclear reactors. The United States is far and away the world’s largest producer of nuclear power, accounting for more than 30 percent of worldwide nuclear generation of electricity. The United States has 99 nuclear reactors, which produced 805 billion kilowatt hours (kWh) in …
A spent nuclear fuel reprocessing plant in Rokkasho, Aomori Prefecture, looks set to gain approval for full operation as the country’s regulator completed most of its safety review Friday. The Nuclear Regulation Authority checked remaining safety measures against the risks of earthquakes and volcanic eruptions, and its members made no objection. Operator Japan Nuclear Fuel …
EDF will have to close its older nuclear power stations at a faster pace if France sees more development of new third-generation reactors, according to energy minister Francois de Rugy. “If we want to build new EPRs [European pressurised reactors], it would mean that we would have to close old plants even more quickly,” he …
India has not been able to secure membership of the Nuclear Suppliers Group because of China’s veto, a senior Trump Administration official said on Thursday, asserting that the US will continue to advocate for New Delhi’s membership in the elite grouping as it meets all the criteria. India has been seeking entry into the 48-member …
Russia’s state-run nuclear corporation Rosatom plans to commission the third and fourth power units of Xudabao nuclear power plant (NPP) in China in 2027-2028, Chief Executive Officer Aleksei Likhachev said at the Eastern Economic Forum. “The plan is to shift to the generation stage already in 2027-2028,” he said, adding that the Russian company is …
