Electricite de France SA, which dominates the nation’s power production, said some of its reactors may contain substandard components. The utility’s shares tumbled. EDF didn’t say if any of the country’s 58 reactors will have to be halted, but electricity prices surged in anticipation of shutdowns. The announcement is another blow to the nuclear industry …
The U.N. nuclear watchdog told Iran on Monday there is no time to waste in answering its questions, which diplomats say include how traces of uranium were found at a site that was not declared to the agency. It also said Iran was starting to follow through on its pledge last week to further breach …
Hours after the United Nations nuclear watchdog revealed yet another nuke deal breach by Iran, the Islamic Republic’s top regional adversary spoke Monday about its own nuclear ambitions, with Saudi Arabia’s new energy minister stating the kingdom’s desire to enrich uranium. Prince Abdulaziz bin Salman told an energy conference in Abu Dhabi that the kingdom wants to pursue the full cycle of the …
President Abdel Fattah al-Sisi on Sunday has reviewed the latest developments of the Dabaa nuclear plant set to be constructed in Egypt’s Matrouh on the Mediterranean coast. Egypt’s first nuclear plant, which is planned to be constructed by Moscow-based Rosatom State Atomic Energy Corporation is planned to be similar to Russia’s Leningrad Nuclear Power Plant …
The Akademik Lomonosov power barge on Sept. 6 passed the Sannikov Strait south of the New Siberian Islands and made it into the East Siberian Sea. The floating installation now has only about three days left of its extensive voyage across the Northern Sea Route. According to the Northern Sea Route administration, the installation and its …
Unit 2 of the Taishan nuclear power plant in China’s Guangdong province has entered commercial operation, becoming the second EPR reactor to do so. The milestone was achieved on 7 September, following statutory functional testing of continuous operation at full power for 168 hours, which started on 30 August, EDF said. This step marks the …
Russia’s Rosatom has won a licence to start building the second of four planned nuclear reactors in Akkuyu, Turkey, and is preparing to install the first steel equipment on unit one this autumn, the company’s deputy CEO Kirill Komarov said on Friday. The $20 billion project to build four Russian-design nuclear reactors in Akkuyu on …
Nuclear must be part of a fossil-free future, but the industry first needs to address the cost of constructing new reactors, Magnus Hall, CEO of Swedish utility Vattenfall AB, told delegates attending World Nuclear Association Symposium 2019 in London. Hall – who is also chairman of Eurelectric, the association of European electricity generators – said …
The United Nations, the International Energy Agency (IEA) and the World Energy Council (WEC) are drawing global attention to the inherent qualities of nuclear power as a clean and reliable source of electricity. Now into its seventh decade, nuclear energy is seen by these and other prominent organisations as an existing and proven solution to …
Canadian miner Cameco (CCO.TO) said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which …