India must achieve the target of 63 GW nuclear-installed capacity by 2032

  In 2015, India communicated its intended nationally determined contribution (INDC) for the period 2021-30 consisting of eight elements. Of these, two have a direct relationship with nuclear energy: to achieve about 40% cumulative electric power installed capacity from nonfossil fuel-based energy resources by 2030, and to reduce the emissions intensity of its GDP by …

Forecasts for uranium price all point up

  Uranium was the glaring exception amid a broad-based rally in metals and minerals in 2016. The price of U3O8 fell 41% in 2016 with the industry tracker UxC’s broker average price hitting 12-year lows below $18 per pound in November. After top supplier Kazakhstan announced in the second week of January that it’s cutting output by 5.2 million …

US Vogtle 2 to load chromia fuel from Areva NP

Advanced fuel assemblies featuring chromia-doped fuel pellets and chromium-coated fuel cladding are to be loaded into a US nuclear power reactor. The fuel, developed by Areva NP under the US Department of Energy’s (DOE) Enhanced Accident Tolerant Fuel (EATF) program, will be loaded into the Vogtle 2 plant in Georgia.Vogtle units 1 and 2 (Image: …

China’s nuclear power push: How Beijing plans to transform Shanghai into world’s top nuclear energy innovation hub

China is planning to transform Shanghai into world’s top nuclear energy innovation hub in the next five years. China is planning to transform Shanghai into world’s top nuclear energy innovation hub in the next five years. This is in accordance with the country’s ambitious plan to become the “global nuclear forerunner” in coming years, according …

Breakthrough in size, safety of a complete nuclear power module in a shipping container

There are new small modular reactors where the nuclear reactor could be approaching the size of a shipping container but then the balance of the nuclear plant (turbines and other systems) is far larger. Holos Generator is transportable (by heavy lift cargo plane or truck), sealed, self-controlled, highly-efficient, affordable, and load-following, thus providing a generator …

Uranium One applies to suspend Mkuju River project

Uranium One subsidiary Mantra Tanzania has applied to suspend the Mkuju River project in Tanzania due to depressed uranium prices, the company has confirmed. Uranium One, an international mining company of Russian state nuclear energy corporation Rosatom, said its subsidiary Mantra Tanzania had applied to suspend the project in December last year after “proper negotiations and consultations” …

Niigata Governor’s Plans May Upend TEPCO’s Nuclear Restarts

By Kentaro Hamada and Osamu Tsukimori TOKYO (Reuters) – The governor of Japan’s Niigata prefecture, home to the world’s largest atomic power plant, Kashiwazaki-Kariwa, will not take steps to restart the site until a nuclear advisory committee completes its work, delaying its operation at least three years. Governor Ryuichi Yoneyama told Reuters in an interview …

Li Ka-Shing deepens NexGen Energy ties with new financing | Financial Post

Canadian uranium explorer NexGen Energy entered into an agreement with Hong Kong-based CEF Holdings that will allow it to receive US$110 million It may be as good as it gets, especially for a company operating in a sector of the mining business wallowing through the not-so-delightful doldrums. The good news: NexGen Energy Ltd., a company …