Kansai Electric to scrap two reactors in latest blow for Japan’s nuclear sector

TOKYO (Reuters) – Kansai Electric Power Co said on Friday it will decommission two 38-year-old reactors at its Ohi nuclear plant as Japan’s electricity industry struggles to cope with new safety standards imposed after the 2011 Fukushima disaster. The widely expected announcement brings to 14 the number of reactors being scrapped since the meltdowns at …

Russia to Develop Nuclear Power Plant Project in Sudan 

MOSCOW (Sputnik) – Russia and Sudan have signed an agreement to construct a nuclear power plant in the North African country, Russia’s Rosatom said Friday. The agreement was signed by Rosatom’s subsidiary Rusatom Overseas and the Sudanese Ministry of Water Resources, Irrigation and Electricity. As part of the feasibility study of the NPP construction project, the site will be selected and …

Georgia PSC votes to continue construction at Plant Vogtle

Georgia’s Public Service Commission has voted unanimously to allow continued construction of two nuclear reactors at Georgia Power’s embattled Plant Vogtle, which is billions of dollars over budget and years behind schedule. Commission chair Stan Wise said the decision came down to the importance of fuel diversity and the long term benefits the projecct would …

Supply cuts a ‘step change’ for uranium price 

The announcement made by uranium giant Cameco in November  that it’s suspending operations at its flagship McArthur River mine in northern Saskatchewan and surprisingly deep three-year cuts by Kazakhstan’s state-owned Kazatomprom  provide a “step change” for uranium prices says a new report on the sector from Cantor Fitzgerald equity research. On Monday, the world largest producer …

Nuclear, renewables to help French CO2 reduction goals, Macron says

PARIS (Reuters) – French President Emmanuel Macron said on Sunday he would not follow Germany’s example by phasing out nuclear energy in France because his priority was to cut carbon emissions and shut down polluting coal-fired production. “I don’t idolize nuclear energy at all. But I think you have to pick your battle. My priority …

The fate of America’s only nuclear plant under construction will be decided Thursday

The Georgia Public Service Commission on Thursday is set to decide the fate of Plant Vogtle, the only nuclear reactor under construction in the U.S., which is years behind schedule and billions of dollars over budget. At Thursday’s hearing, a commission made of five elected officials, all Republicans, will vote on whether to permit Georgia …

Japan’s MOX program faces tough questions as recycling costs balloon for spent atomic fuel

The cost of recycling spent nuclear fuel has surged since Japan began using it in 1999, raising questions about the viability of the reprocessing strategy, it has been learned. Japan is the only non-nuclear weapons state in the world that still engaged in a commercial spent-fuel reprocessing program. While it struggles to keep its nuclear …

Uncertain future for nuclear policy after Japan’s high court ruling

The landmark Hiroshima High Court ruling ordering a suspension of operations at the Ikata nuclear power plant will likely have far-reaching ramifications for Japan’s nuclear energy policy. It zeroed in on an aspect that has long been an issue with the anti-nuclear lobby, the Ehime Prefecture plant’s proximity to an active volcano and the prospect …