Texas uranium deposits could meet US nuclear energy demand for almost a year

The Southern High Plains region of Texas, New Mexico, and Oklahoma may hold more uranium than previously thought, a new study published Tuesday shows, but prices for the radioactive commodity would need to move much higher before any new mining takes place in the area. According to the latest report by the US Geological Survey (USGS) there …

French nuclear output keeps trailing 2016 as EDF again delays two reactors

French reactor output on Monday peaked just below 42 GW, still trailing the already reduced levels of last November, despite a number of reactor returns over the weekend with EDF once again delaying two planned reactor return, according to the French state-owned utility. Reactor returns lift nuclear output towards 42 GW Paluel-3, Chooz-2 delayed by …

Destination Kazakhstan

Construction of the IAEA’s long-awaited low-enriched uranium bank is finally complete, and the bank was officially opened during a ceremony in Kazakhstan. Future Power Technology visited the facility to find out about the fuel bank and why it is needed. On 29 August, the International Atomic Energy Agency (IAEA), the United Nations nuclear watchdog, officially …

Tepco starts installing device to remove fuel from reactor 3 cooling pool at Fukushima No. 1

FUKUSHIMA – Tepco on Sunday began installing equipment to be used for removing fuel from the storage pool for reactor 3 at the Fukushima No. 1 nuclear plant. The equipment, weighing 72 tons, was lifted by two large cranes. The storage pool, located in the reactor building on a floor 36 meters above ground level, holds …

Cameco Corp. takes another hit, but production cuts positive for uranium market

The patience of Cameco Corp. shareholders is being testing yet again, as the Saskatchewan-based uranium producer’s latest round of quarterly earnings fell short of expectations, the company cut its dividend, and now it has decided to temporarily suspend work at two operations. The news sent Cameo shares higher, as the production cut is expected to …

EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries

EIA’s International Energy Outlook 2017 (IEO2017) projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines …

Advanced Nuclear Finds a More Welcome Home in Canada

An early regulatory review may put Terrestrial Energy on track to commission the first fourth-generation reactor in North America. Canadian regulators announced that Terrestrial Energy has completed the initial phase of a design review for its molten-salt nuclear power plant, giving the Ontario-based company a small early lead in the race to commission the first …

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 …