A handful of nuclear power projects around the world completed notable achievements recently: Rostov 4 entered commercial operation, Tianwan 4 achieved first criticality, the Akademik Lomonosov floating nuclear power plant completed fuel loading, Leningrad II-1 received its commissioning permit, and the dome was installed on Karachi 3. Rostov 4 Rostov Unit 4 was placed into commercial …
Unit 4 of the Rostov nuclear power plant in Russia has entered commercial operation three months ahead of schedule, state nuclear corporation Rosatom has announced. Preparations for the physical start-up of Rostov 4 began on 6 December 2017, with the loading of nuclear fuel into the reactor. Within five days, all 163 fuel assemblies were …
Pakistan Atomic Energy Commission achieved a milestone here on Saturday by successfully completing Dome Placement of Karachi Nuclear Power Plant Unit-III (K-3). Chairman Pakistan Atomic Energy Commission Muhammad Naeem (HI, SI) in his statement on the occasion said, “The Dome Placement of K-3 Nuclear Power Plant will mark as the completion of civil works of …
Electricity generating costs would rise by 15% and carbon emissions from the power sector would more than triple by 2030 if the UK were to abandon nuclear energy in favour of a mix of wind and gas, according to the New Nuclear Watch Institute (NNWI). In the foreword to its new report, NNWI chairman Tim …
Cameco (TSX: CCO; NYSE: CCJ) announced today that the Tax Court of Canada has ruled unequivocally in favour of the company in its dispute of the reassessments issued by Canada Revenue Agency (CRA) for the 2003, 2005 and 2006 tax years. The Tax Court ruled that Cameco’s marketing and trading structure involving foreign subsidiaries and …
The Energy Department is considering a fast-tracked timeline for the repayment of billions of dollars of federal loans to a troubled nuclear expansion in Georgia as speculation mounts that its developers could pull out of the project today. Senior DOE officials told reporters on an 8 p.m. conference call yesterday that the agency can require …
As Europe and the wider world begins to wake up to the need to cut emissions, Dr Kirill Komarov argues that tackling climate change will see the use of nuclear energy grow in the coming years, not as a competitor to renewables but as a competitor to coal. Dr Kirill Komarov is first deputy CEO …
Last week, the House passed a bipartisan bill that originated in the Senate called the Nuclear Energy Innovation Capabilities Act (S. 97), which will allow the private sector to partner with US National Laboratories to vet advanced nuclear technologies. The bill also directs the Department of Energy (DOE) to lay the ground work for establishing …
Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …
It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …