Ten projects have been selected to receive a total of up to USD24 million in funding under a new programme from the US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) initiative. The projects selected include a transportable gas-cooled reactor, and technology to support load-following, improve safety and reduce costs in advanced reactors. ARPA-E’s …
While the U.S. commercial nuclear power sector continues to suffer major contraction, the outlook in Canada is much brighter. Since October 2012, U.S. nuclear operators have announced they are closing more than 20 reactors at 16 plants. By contrast, Canadians are spending more than $25 billion to refurbish 10 nuclear reactors. Ontario Power Generation, owned by …
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 …
Sheffield Forgemasters has completed a contract to enable the world’s oldest nuclear power plant to restart A UK manufacturer of components for civil nuclear power has completed manufacturing, research and consultancy work to allow the world’s oldest working nuclear reactor to restart. Sheffield Forgemasters International Ltd (SFIL) was contracted by plant operator, AXPO, to investigate …
Six years after freezing the construction of a second nuclear power plant, Bulgarian Prime Minister Boyko Borissov announced on Saturday (12 May) he intends to restart the project. Chinese investors have already expressed interest. Bulgaria, which joined the European Union in 2007, has closed four 440 megawatt Soviet-era reactors at the Kozloduy nuclear plant for …
With no price on carbon, here’s how states are keeping nuclear power plants open. Nuclear power currently provides about 20 percent of US electricity — and 50 percent of its carbon-free electricity. Insofar as the US economy has decarbonized (carbon emissions have been falling, fitfully, for more than a decade), nuclear power gave it a …
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 …
Hitachi Ltd’s Horizon Nuclear Power unit has received an assurance from the British government that it will guarantee loans for the construction of two reactors in Wales, the Mainichi newspaper reported on Wednesday. British Prime Minister Theresa May met Hitachi Chairman Hiroaki Nakanishi last week in London and asked him to go ahead the project, …
Saudi Arabia Energy Minister Khalid al-Falih speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain Saudi Arabian Energy Minister Khalid al-Falih said on Friday he was “optimistic” about South Korea being shortlisted to build nuclear power plants for the Middle Eastern kingdom. Falih told reporters …
