Regulators must learn from each other, says head of ASN

Nuclear regulation requires “humbleness and openness”, Olivier Gupta, Director-General of France’s nuclear safety regulator, told OECD Nuclear Energy Agency Director General William Magwood in a WebChat yesterday. Gupta has been Director-General of the Autorité de Sûreté Nucléaire (ASN) since 2016 and has been chair of Western European Nuclear Regulators Association (WENRA) since 2019.   “We …

After The Initial Equities Rally, What’s Next?

Summary “We still think we are a long way from the exit” says Brian Laks from Old West Investment Management, a firm which launched a fund focused on the uranium opportunity. We catch up almost a year later after our first interview and a strong rally in uranium equities, as institutional investors have been entering …

When shutting down the world isn’t enough to fight climate change: Why nuclear? Why now?

This is the third in a series of blogs from the Global Public Affairs webinar Nuclear Power: Part of Canada’s Energy Transition. If you want to learn more from some of Canada’s top nuclear experts, don’t miss the previous blog in this series: What are SMRs? And what is their role in decarbonization and electrification? …

Uranium companies announce strategic purchase plans

Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase …

Kepco starts injecting fuel rods into UAE’s second nuclear reactor

South Korea’s state-run utility Korea Electric Power Corp. (Kepco) said Monday it has started a process to insert fuel rods into the second reactor in the Barakah nuclear plant of the United Arab Emirates (UAE). Kepco and the Emirates Nuclear Energy Corp. (ENEC) said they kicked off the process starting last week. South Korea completed …