Conflicts and resurgent demand combine to radioactive effect When russia invaded Ukraine, panic gripped Europe’s nuclear experts—the civilian variety, that is. Ukraine, where 15 reactors relied on Russia for their uranium, rushed to sign an unusually long 12-year deal with Canada. European utilities, also reliant on Russia, drew the maximum they could under other contracts. Most …
Many of the new nuclear reactors under development are designed to run on uranium at enrichments as high as 15%-19.75%, known as high-assay low-enriched uranium (HALEU), rather than traditional Light Water Reactor (LWR) technology, which typically uses uranium enriched to 3%-5%. The only commercial source of HALEU, however, is Russia. The invasion of Ukraine, and Russia’s …
Nuclear will be essential for the world to accelerate its transition away from fossil fuels, US Special Presidential Envoy for Climate John Kerry said at a New York summit this week. He also praised the recently launched Net Zero Nuclear Initiative – which has now welcomed GE Hitachi Nuclear Energy (GEH) as its first corporate …
The Canadian Minister of Energy and Natural Resources Jonathan Wilkinson has announced CAD3 billion (USD2.2 billion) of export financing to Nuclearelectrica to support the building of two CANDU-6 reactors at the Cernavoda nuclear power plant in Romania. The agreement was announced by Wilkinson alongside Sebastian Burduja, Romania’s Energy Minister, in Ottowa. He said it would …
The loading of fuel has been completed at unit 2 of the Shin Hanul nuclear power plant, Korea Hydro & Nuclear Power (KHNP) announced. The unit – the second of two APR1400 reactors at the site – is expected to enter commercial operation in about six months’ time following the completion of test runs. Shin …
Uranium prices are likely to extend a blistering rally and end the year more than 50% higher as mounting worries over climate change accelerate a global shift to cleaner sources of energy including nuclear power, analysts said. Uranium spot prices are expected to climb to $75-$80 a pound by end-December, in a fitting finish to …
A US district court has dismissed a lawsuit filed by Westinghouse Electric Company seeking to prevent Korea Hydro & Nuclear Power (KHNP) and its parent company Korea Electric Power Corporation (KEPCO) from exporting the APR1400 reactor design without its permission. Westinghouse filed the case on 21 October last year with the District Court for the …
Installation of the dome part of the outer containment of Unit 2 reactor building has started at the construction site of Rooppur NPP in the People’s Republic of Bangladesh (General Designer and General Contractor is Rosatom Engineering Division). Installation of the lower tier of the outer containment dome has been completed. The installation of the …
Unit 2 of the Takahama nuclear power plant in Japan’s Fukui Prefecture has been restarted after being taken offline more than 12 years ago, Kansai Electric Power Company announced. The 780 MWe (net) pressurised water reactor becomes the 12th Japanese reactor to resume operation. Takahama 1 entered a regular inspection outage in January 2011, two …
Poland’s first nuclear power plant (NPP) will start operating in 2033, as planned, the Polish government’s commissioner for strategic energy infrastructure said in Washington on Wednesday. Anna Łukaszewska-Trzeciakowska went to the U.S. to hold talks with representatives of Westinghouse and Bechtel, Poland’s partners in the NPP construction, about accelerating work on the investment. After the …
