FirstEnergy Solutions (FES) has notified regional transmission organisation PJM Interconnection that it will deactivate the Beaver Valley, Davis-Besse and Perry nuclear power plants during the next three years. The company, which is aiming to leave the competitive market, is seeking legislative policy solutions to keep the plants operating. Beaver Valley, a single-unit pressurised water reactor, …
The nation’s nuclear energy industry is facing a crisis that the Trump administration must immediately address as a core part of its “energy dominance” agenda, a Washington think tank said Thursday. The decline of the nuclear power industry is “an important policy problem” that is not receiving the attention it deserves, the Atlantic Council said …
The Department of Energy’s Savannah River Site has begun dissolving uranium fuel cores from Oak Ridge National Laboratory’s High Flux Isotope Reactor for the first time since 1988. The spent fuel will help deliver electricity to residents in the Tennessee Valley. The High Flux Isotope Reactor is fueled by highly enriched uranium, which the Savannah …
It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government’s fiscal year (until Sept. 30, 2018). …
Shikoku Electric Power Co. decided Tuesday to scrap the aging reactor 2 at its Ikata plant in Ehime Prefecture because the required safety investments would make it too expensive to keep in service. The reactor will be the ninth that nuclear plant operators across Japan have decided to scrap following the 2011 nuclear crisis, excluding …
Sitting atop the world’s second-largest oil reserves, Saudi Arabia has little to worry about when it comes to generating energy. But the Gulf nation is now angling to make one of the biggest investments in nuclear energy the world has seen. Saudi Arabia plans to spend more than $80 billion to build 16 nuclear reactors over the next …
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) celebrated the conclusion of the Fiscal Year 2018 (FY 2018) appropriations process. The Omnibus bill, signed by President Trump, includes $34.5 billion in funding for the DOE. “As a former appropriator, I am keenly aware of the work that goes in to the budget process, and …
Sheikh Mohammed bin Zayed and Moon Jae-in, President of Korea, today attended a celebration to mark the completion of the UAE’s first nuclear reactor with a visit to the Barakah power plant. The plant is the first in the Arab world, and is part of the UAE’s effort to curb its reliance on fossil fuels and …
The nuclear power plant at Cernavoda, Eastern Romania, closed one of its two reactors and reduced the output of the second one due to malfunctions on Sunday, March 25. Nuclearelectrica, the state company that operates the power plant, announced on Sunday morning that it had to close Unit 1 of the Cernavoda power plant due …
The operator of the first-of-a-kind EPR reactor nearing start-up in Finland has shown a commitment to safety, an expert team from the International Atomic Energy Agency (IAEA) has concluded. The team also identified areas for further enhancements as Teollisuuden Voima Oyj (TVO) prepares to put Olkiluoto unit 3 online later this year. A Pre-Operational Safety …