The same construction milestone – installation of the reactor pressure vessel (RPV) – has been reached at unit 4 of the Vogtle nuclear power plant in the US state of Georgia and at unit 5 of the Hongyanhe plant in China’s Liaoning province. The RPV was lifted into its permanent location in Vogtle 4’s nuclear …
Keeping the Pickering nuclear plant open and operating until 2024 makes economic sense, says a new report sponsored by Ontario Power Generation. The study, released Tuesday by the Ontario Chamber of Commerce and the Canadian Centre for Economic Analysis, says the move would add a total $12.3 billion to Ontario’s GDP and support 7,600 jobs …
EXCLUSIVE TO SIGHTLINE U3O8 – When engaging with various members of sightlineu3o8.com, we are often asked about the models we use to predict long-term and spot U3O8 prices. With uranium prices at all time lows and suppliers implementing production cuts to incentivize prices back up, regular readers are anxious to integrate our forecasts into their …
Georgia Power announced today the placement of the nuclear reactor vessel inside Unit 4 containment at the Vogtle nuclear expansion project near Waynesboro, Georgia. Standing 35 feet tall, the reactor vessel functions as a heat source from the nuclear fission process to produce steam that will generate electricity for homes and businesses throughout Georgia. The …
BRUSSELS (Sputnik) – The government of Belgium has endorsed an energy strategy, confirming its plan to shut down all nuclear power plants (NPP) in the country by 2025. According to a document published by the Cabinet, Belgium aims to “withdraw from nuclear energy by 2025.” Brussels also plans to ensure a sufficient and stable power grid, and invest in new energy …
Xi Jinping, at a May 2014 Asia-Pacific Economic Cooperation (APEC) summit, described a secular decline in the rate of China’s GDP growth as a “new normal” condition. Since then, the term “new normal” has become shorthand in China for the challenges that the economy will face in coming years, perhaps for decades. Leaders in Beijing …
The official start of the construction of first Turkish nuclear power plant Akkuyu will be the first week of April, according to the country’s Prime Minister Binali Yıldırım. The ceremony will be attended by Turkish President Recep Tayyip Erdogan and Russian leader Vladimir Putin. The plans foresee the construction of a four PWR reactors with …
Krzysztof Tchórzewski, Poland’s Minister of Energy, has said that he wants a decision on the construction of a nuclear power plant to be taken as quickly as possible. His statement comes as the Polish energy industry is beginning to feel the pressure of the country’s race against time to reduce its CO2 emissions. “We need …
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 …
