An agreement has been signed, for construction of 6 EPR type nuclear reactors at Maharashtra’s Jaitapur, between French state-run power utility EDF and American conglomerate General Electric (GE), the companies said in a joint announcement on 26 June. The EPR is a third generation pressurised water reactor (PWR) design whose earlier vrsions are in use …
Prices of uranium in the last decade or so have shown the greatest volatility in history. In the photo, uranium oxide concentrate, or yellowcake, comes out of a filtered press. (Photo: Orano) Mining uranium is just like mining any other base metal, many industry executives say: exploration, licensing, excavation and then shutting down the mine …
Japan saw the biggest year-on-year increase in nuclear energy consumption last year with 64.9 percent, according to BP’s Statistical Review of World Energy 2018 report. The Far East country consumed 29.1 terawatt hours (TWh) of nuclear energy in 2017, accounting for about 1.1 percent of the world’s total nuclear energy consumption, the report said. The …
FORATOM, the voice of the European nuclear energy industry, called on the European Commission and other EU institutions to recognise and reward the long-term operation (LTO) of nuclear reactors given its role in meeting Europe’s long-term climate goals during a workshop held yesterday in Brussels. “Nuclear LTO pays off for a number of reasons. It …
China will build a new university dedicated to nuclear power research, amid a severe shortage of qualified people. China National Nuclear Corporation (CNNC), the country’s leading nuclear power developer and nuclear power plant operator, has signed a contract with the government of Tianjin Municipality to invest in a nuclear technology university in Tianjin, local reported …
Turkey’s president said June 18 that the country will build a third nuclear power plant. During a live question-and-answer social media broadcast with Turkish youths, President Recep Tayyip Erdoğan said Turkey would build its own nuclear power plant after the Akkuyu nuclear power plant, to be built by Russia. “Akkuyu will meet 10 percent of our energy needs,” he said, …
Nuclear Power is currently a much needed source of global base load power. After the Fukushima disaster in 2011 the industry has had a severe slowdown; however signs of life are emerging as the world moves to a safer nuclear solution. The uranium metal price is accordingly showing some early signs of recovery. The chart …
Hitachi continues to search for ways to share the burdens of building a British nuclear power plant and now is sounding out the Development Bank of Japan and several Japanese power companies about taking stakes in the project, a high hurdle as many are still struggling with the heavy financial fallout from the 2011 meltdown at Fukushima. …
A reactor at the trouble-hit Genkai nuclear power station in Saga Prefecture was restarted Saturday for the first time in more than 6½ years despite lingering safety concerns. The No. 4 unit at the Genkai plant is Kyushu Electric Power Co.’s fourth, and the nation’s ninth, to go back online since stricter safety rules were …
South Korea’s nuclear safety agency on Monday approved the restart of a nuclear power plant that was shut down five months ago. The Nuclear Safety and Security Commission made the decision after completing planned maintenance of the Shin-Kori No. 3 reactor near the southern port city of Busan, said Lee Enu-hong, an official of the …
