Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2018 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the impact of a weak uranium market and the deliberate actions we have taken driven by the goal of increasing long-term shareholder value,” …
Do you know that one uranium fuel pellet – about the size of your fingernail – produces the same amount of energy as 17 Mcf of natural gas, 149 bo, or 0.81 metric tons of coal? – Anonymous Nuclear Power Generation According to International Atomic Energy Agency (IAEA), there are a total of 451 nuclear …
Russia is interested in cooperating with South Africa in peaceful use of nuclear energy, including construction of a nuclear power plant (NPP) in this country, presidential aide Yuri Ushakov said on Tuesday. “Russia is interested in cooperation in the sphere of peaceful use of nuclear energy, including construction of a NPP in South Africa, continued …
The South Korean government plans to nurture some 800 experts in the nuclear sector by 2021, with the focus on enhancing the safety of nuclear plants and decommissioning efforts, the ICT ministry said Monday. According to the plan finalized by the Ministry of Science and ICT, the government will first inject 1.6 billion won (US$1.41 …
Ukraine purchased nuclear fuel for a total of $213.511 million in January-May 2018, which was 21.7 percent more than for the same period in 2017 ($175.490 million). Over the period under review, Ukraine bought Russian nuclear fuel worth $138.645 million for Ukrainian nuclear power plants, while nuclear fuel shipments from Sweden totaled $74.867 million, the …
U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …
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 …
