Andrea Jennetta , Contributor Financial carry trade uranium deals still offer the cheapest supply source for nuclear utilities in 2019-2022. Paladin CEO Alexander Molyneux said last week that such contracts “remain the most competitive source of supply” for uranium fuel buyers, despite indications from the U.S. Federal Reserve that interest rates will rise four times this year for …
FUKUOKA (Kyodo) — The operator of the Genkai nuclear power plant in southwestern Japan aims to restart another reactor at the complex in late May, according to a plan recently submitted to the government. The rebooting of the No. 4 unit at the plant in Saga Prefecture after a six-year hiatus will complete Kyushu Electric …
FRANKFURT (Reuters) – German power companies see a potential gap between conventional electricity supply and demand by the early 2020s, urging policymakers to help investors plan better by rewarding conventional capacity and speeding power grid expansion. “Existing overcapacity will not just disappear completely within a few years. What’s more worrying is that we will run …
Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government. “We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the …
Nuclear power generation in France declined by 4.1 GW on Thursday as supply at multiple power stations along with two coal-fired units were slashed due to the start of a strike, grid operator RTE and plant operator EDF said. More than 4 GW of nuclear capacity unavailable Capacity at two Cordemais coal units at zero …
Finnish utility Teollisuuden Voima Oyj (TVO) said it plans to start loading fuel into the core of the Olkiluoto 3 (OL3) EPR in the autumn, once an operating licence has been granted. However, the company said it is awaiting confirmation from the Areva-Siemens consortium that start-up of the unit is still scheduled for May 2019. …
A governor who has been blocking the restart of the world’s biggest nuclear power plant in his prefecture has resigned, but it remains to be seen whether the move will create an opening for the nation’s pro-nuclear forces. Niigata Gov. Ryuichi Yoneyama, who campaigned on his opposition to restarting Tokyo Electric Power Co. Holding Inc.’s …
Regulator says adjustments, tests on reactor still to be done Plant’s handover to South Korea-backed operator almost ready A South Korean venture with the United Arab Emirates is edging closer to switching on the Arab world’s first commercial atomic-energy plant. Korea Electric Power Corp. has completed construction of the Barakah Unit 1 reactor, and Emirates Nuclear Energy Corp.’s …
Prague has always been big on upping the Czech Republic’s nuclear power capacity, but less so on how to finance it. As Brussels looks on with dread, Moscow may be about to ferment more discord on the EU’s eastern edges. Bucking trends in much of Europe, the Czech government has said recently it will announce within …
Escalating tensions between the U.S. and Russia could revive the uranium market just months after Cameco Corp shut down its largest uranium mine Just months after Saskatoon-based Cameco Corp. laid off hundreds of workers and shuttered the largest high-grade uranium mine in Canada, the market for the radioactive metal used in nuclear power generation is …