Russia’s Floating Nuclear Power Plant Heads for the Bering Strait

Russia’s got a floating nuclear plant on a barge, and it’s heading for the Bering Strait — just a short hop from Alaska. The “Akademik Lomonosov,” according to a statement from Russian nuclear energy company Rosatom, docked in the Russian port of Murmansk on Saturday (May 19). There it will receive its supply of nuclear fuel. Tugboats will …

A Hated Commodity With Huge Upside

There’s one commodity that’s down three quarters from its 2011 level, and even more from its 2007 peak. But it appears to have found a base, moving sideways for the last year. With supply being slashed and steadily growing demand, it has the potential to rocket in future. The commodity in question is uranium. A …

The Future of Nuclear Power in China

China is on course to lead the world in the deployment of nuclear power technology by 2030. Should it succeed, China will assume global leadership in nuclear technology development, industrial capacity, and nuclear energy governance.   SUMMARY China is on course to lead the world in the deployment of nuclear power technology by 2030. Should …

US firms should be involved in Saudi nuclear plans

A senior executive at engineering giant Bechtel told CNBC on Thursday that U.S. businesses should be involved in Saudi Arabia’s civilian nuclear energy ambitions. The presence of American firms would likely be welcomed by the Saudis and should also be welcomed by the U.S. government, according to Stuart Jones, regional president for Europe and Middle …