The fate of the world’s largest atomic plant may be decided by a local election this weekend in a rural Japanese prefecture better known for its skiing and sake. The top two candidates running in the June 10 Niigata gubernatorial race are opposed to the speedy restart of Tokyo Electric Power Co. Holding Inc.’s Kashiwazaki-Kariwa nuclear …
President of Westinghouse Electric Jose Emeterio Gutierrez speaks with the Kyiv Post at the Hilton Kyiv hotel during his recent two-day trip to Ukraine. Photo by Konstantin Chernichkin The global leader in nuclear fuel production, U.S.-based Westinghouse Electric, is so hungry for expanding its business in Ukraine that its president José Emeterio Gutiérrez visits the country …
Brazil’s major electric utility will partner with French counterpart EDF on a three-year study of nuclear power capabilities in the South American nation. Centrais Elétricas Brasileiras, known as Eletrobras, signed a memorandum of understanding with EDF to collaborate with the Brazilian utility’s Electronuclear unit. They will work together on resumption of activities at the Angra 3 unit while …
The Atomic Energy Council (AEC) has given the nod to the country’s second nuclear power plant in New Taipei’s Wanli District to restart its No. 2 reactor, state-run utility Taiwan Power Co. (Taipower) said on Tuesday. Taipower received official written approval from the AEC earlier Tuesday to restart the reactor, the power company said, adding …
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 …
Japanese utility Kansai Electric Power Company is to cut its electricity prices for customers by more than 5% on average following the restart of units 3 and 4 of its Ohi nuclear power plant and the subsequent reduction in fuel costs. The company made a similar price cut last August after units 3 and 4 …
Dr. Yousry Abu Shady As Egypt is standing on the verge of starting the construction of its first nuclear power plant at El Dabaa, it is becoming obvious that the country and the Matrouh province, where the plant will be located are in more a much more profound and far-reaching transformation than just the energy …
The United Arab Emirates has postponed plans to start up its first nuclear reactor until at least the end of 2019. Nawah Energy Company, the operator of the Barakah Nuclear Energy Plant, said it “has completed a comprehensive operational readiness review” for the updated start-up schedule. “The results of Nawah’s review forecast that the loading …
Cameco Corp. (TSX:CCO)(NYSE:CCJ) has struggled over the years, but it looks as though the stock is finally gaining some steam. Over the past three years, its share price has dropped more than 26%, but year-to-date the stock has risen more than 18%. Low uranium prices have made life difficult for Cameco and forced the company …
Summary Global uranium supply is decreasing, and the long-term demand is increasing. Cameco is testing the depth of the spot market with significant purchases to fulfill long-term delivery commitments. Cameco is one of the few companies that remain consistently cash flow positive in the industry. Energy Fuels’ spare capacity makes them an interesting investment in …
