France postpones target for cutting nuclear share of power production

PARIS (Reuters) – The French government has postponed a long-held target to reduce the share of nuclear energy in the country’s power production after grid operator RTE warned it risked supply shortages after 2020 and could miss a goal to curb carbon emissions. Environment Minister Nicolas Hulot said on Tuesday it was not realistic to …

Uranium’s Time is Now!

Fundamentals Signal a Looming Spike in the Price of Uranium Exclusive to Sightline|U3O8 – Analysts and miners alike are predicting a smooth and steady comeback in uranium prices over the next 12-36 months… a prudent and conservative outlook.  The reality, however, is that uranium prices have never moved quietly or slowly. After sitting at a price …

Uranium Prices – KasAtomProm Takes Control

EXCLUSIVE TO SIGHTLINE U3O8 – Since 2007, Kazakhstan has raced to become the world’s largest producer of uranium. With the second highest amount of known recoverable uranium resources and one of the lowest production costs in the industry, Kazakhstan has positioned itself perfectly to dominate the uranium market. So, what have they done with those …

China calls for stronger cooperation with US in next-generation nuclear power technology

BEIJING — Chinese Premier Li Keqiang has called for closer China-US cooperation in developing the next-generation nuclear power technology, as he met with Bill Gates, co-founder of Microsoft and chairman of TerraPower here Friday. Speaking highly of the China-US partnership in this field, Li said companies of the two countries have set up a joint …

Russia’s Rosatom to offer new reactor technologies in next 10 years

ABU DHABI, October 30. /TASS/. Russia’s civilian nuclear power corporation Rosatom expects to enter the market with new technologies in the next 10-12 years to offer fast neutron reactors for closed nuclear fuel cycle projects, Rosatom Head Alexei Likhachyov said at an IAEA ministerial conference on Monday. “Closing the nuclear cycle will allow peaceful atom …

China close to completing first offshore nuclear reactor

SHANGHAI – China’s first offshore nuclear reactor is set to be completed soon, engineers involved in the project said, bolstering Beijing’s maritime ambitions and stoking concerns about the potential use of atomic power in disputed island territories. Beijing hopes offshore reactors will not only help win new markets, but also support state ambitions to become a …

Russia Signs Agreement With Nigeria for Nuclear Power Plant

Russia has signed agreements with Nigeria to build and operate a nuclear power plant in the oil-rich West African nation that has a deficit of reliable power and faces security challenges by Islamist militants in the far northeast. Feasibility studies for the plant and a research center construction will include site screening, capacity, financing, and …

Argentina to start building two new nuclear reactors in 2018

ABU DHABI, Oct 31 (Reuters) – Argentina plans to start building two new nuclear reactors next year, a government official said on Tuesday. The South American country already generates about 5 percent of its electricity with three heavy water nuclear reactors, two German-built and one Canadian, with combined capacity of 1,600 megawatts (MW). A new …