There’s an atomic price chasm between Beijing and Washington, giving China a green advantage and leaving the US trailing in its efforts to clean up the power grid. When it comes to the speed and cost of nuclear power, the gap between the US and China is turning into a chasm. Take a single Monday. …
Russia’s Rosatom is already building Turkey’s first nuclear plants in the southern province of Mersin Turkey is in talks with Russia and South Korea for the construction of a nuclear plant in the northern province of Sinop, Energy Minister Alparslan Bayraktar said on Monday. Russia’s Rosatom is already building Turkey’s first nuclear plants in the …
Uranium from Niger helps power Europe, but all eyes are on the West African country after the military overthrew its elected president. It takes a long time to dig a mine, especially in the middle of the Sahara Desert. Just ask Bob Tait. The Toronto-based Global Atomic Corp. where he serves as vice president of …
Saudi Arabia is considering a Chinese bid to build it a nuclear power plant, the Wall Street Journal reported on Friday, a decision that could derail U.S. plans in the kingdom. State-owned China National Nuclear Corp (CNNC) has bid to build a nuclear plant in Saudi Arabia’s Eastern Province, near the border with Qatar and …
Lawmakers in Raleigh are considering a bill that could make it easier to permit new nuclear plants and extend deadlines for Duke Energy to clean up coal ash dumps at its North Carolina plants. Senate Bill 678 was introduced by Sen. Paul Newton, a Cabarrus County Republican and former Duke Energy executive. It would replace the term …
The approval will help in extending the life of the Monticello nuclear power plant by ten more years. cel Energy has secured clearance from the Minnesota Public Utilities Commission (PUC) in the US to extend the operation of its 671MW Monticello nuclear power plant through to 2040. With the approval, the company can expand the storage of spent …
Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding with small modular reactor (SMR) project development company Kärnfull Next, which is investigating the possibility of constructing and operating SMRs on the Studsvik industrial site near Nyköping on Sweden’s east coast. Kärnfull Next said the feasibility study began in May, and preliminary results …
KHNP is likely to pay technical advisory fees to Westinghouse to settle dispute over reactor exports to Poland Poland started an approval process to build a nuclear power plant consisting of South Korean reactors, foreign media reported, despite the ongoing dispute over the Asian country’s export of atomic furnaces between US Westinghouse Electric Corp. and …
The U.S. Justice Department is urging regulators to take a closer look at Vistra Corp.’s planned $6.8 billion acquisition of a rival power producer because it may be anticompetitive. The warning applies to Vistra’s proposed takeover of Energy Harbor Corp. announced in March, a deal that would more than double its nuclear capacity, increase its natural gas …
Weekly spot uranium prices have climbed by more than 20% year to date and trade close to the levels seen shortly before Japan’s March 11, 2011 Fukushima nuclear disaster. Uranium stocks, ETFs may be ‘still at a very early stage’ in their recovery Interest in nuclear power is climbing and prices for uranium have reached their highest …
