Nuclear costs must fall to be competitive, says NEA’s Magwood

If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …

Had They Bet On Nuclear, Not Renewables, Germany & California Would Already Have 100% Clean Power

Had California and Germany invested $680 billion into new nuclear power plants instead of renewables like solar and wind farms, the two would already be generating 100 percent or more of their electricity from clean (low-emissions) energy sources, according to a new analysis by Environmental Progress. The analysis comes the day before California plays host to …

New IAEA Energy Projections See Possible Shrinking Role for Nuclear Power

Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power …

Uranium Weekly Update from our friends at Cormark

Sector News – WNA Highlights, Denison Takes on Larger Stake of Wheeler River The World Nuclear Association (WNA) symposium took place in London last week. Some of the highlights from Cormark’s time on the ground include: We believe Kazatomprom is fully on board with the Cameco-led production curtailments to generate a longer-term rebound in the uranium markets, particularly …

Innovation is key to industry’s resilience, says Westinghouse

Westinghouse Electric Company is starting the next phase in its long history with one key message: The nuclear industry, which has always provided safe, clean and reliable energy, needs innovation now more than ever before. Speaking at the World Nuclear Association Symposium 2018 in London, Westinghouse President and CEO José Gutiérrez described the company’s strategy following its …

Murkowski, Booker, and Colleagues Introduce the Nuclear Energy Leadership Act

U.S. Sens. Lisa Murkowski, R-Alaska, Cory Booker, D-N.J., James Risch, R-Idaho, Shelley Moore Capito, R-W.Va., Mike Crapo, R-Idaho, Richard Durbin, D-Ill., Joe Manchin, D-W.Va., Sheldon Whitehouse, D-R.I., and Chris Coons, D-Del., today introduced bipartisan legislation to boost nuclear energy innovation and ensure advanced reactors can provide clean, safe, affordable, and reliable power to meet national …