The first of two core makeup tanks has been successfully hoisted into place at unit 3 of the Sanmen nuclear power plant in China’s Zhejiang province. The tanks are an important part of the CAP1000 reactor’s passive safety system. Each CAP1000 unit contains two water replenishment tanks, A and B. They are mainly used to …
The agreement between North American power producer Capital Power Corporation and Ontario Power Generation (OPG) will see the two companies work together to examine the feasibility of developing grid-scale small modular reactors (SMRs) in the province, including possible ownership and operating structures. The feasibility assessment will be completed within two years. At the same time, …
The Biden administration has finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. The funding is a financial pillar in the plan to keep the Diablo Canyon Power Plant producing electricity …
This aerial photograph taken on on October 4, 2023, shows the Rooppur Nuclear Power Plant in Rooppur. Bangladesh on October 5 accepted the first uranium delivery for its Russia-backed nuclear plant, a project aimed at bolstering its overstretched energy grid but complicated by sanctions on Moscow. Uranium prices surged on Monday as fresh supply worries …
Finnish power grid operator Fingrid acted in breach of market regulation when transferring certain obligations for the power system’s reliability to TVO, owner of the new OL3 nuclear reactor, Finland’s energy authority said on Friday. The OL3 reactor, Europe’s biggest with a capacity to meet around 14% of Finland’s energy demand, began regular output in 2023 after …
Kazatomprom, the world’s biggest uranium miner, warned that it’s likely to fall short of its production targets over the next two years, adding another risk to supply as demand for the nuclear fuel rebounds. The London-listed company, which is controlled by Kazakhstan’s government via its sovereign wealth fund, said on Friday that shortages of sulfuric …
The government is exploring plans to build a new large-scale nuclear plant, despite concerns about delays to existing projects. Ministers say the project would be the biggest expansion of the sector in 70 years, reducing reliance on overseas supply. The new plant would quadruple energy supplies by 2050, they say. But concerns have been raised, …
The deadly earthquake that rocked Japan on New Year’s Day shook a nuclear power plant beyond established safety levels, according to a report by Japan’s Nuclear Regulatory Authority. The authority said that the buildings at the Shika nuclear power plant on the Noto Peninsula were made to sustain shaking measured at 918 Galileo units, but the Jan. …
The price of the nuclear fuel has hit its highest level since 2007. The market is only getting tighter. Uranium has been a hot commodity, and its rally could have a long half-life. Spot prices for triuranium octoxide, the form of the commodity that is widely traded, hit $92.50 a pound on Monday, more than …
Shares in uranium miners jumped globally after the US said it’s soliciting bids to boost domestic production of nuclear fuel in an effort to bolster national energy security. The Energy Department is requesting proposals from US companies to produce a type of fuel known as high-assay low-enriched uranium, or HALEU, it said Tuesday. It …
