Kepco’s losses pile up amid debate over anti-nuclear power policy

To blame or not to blame the performance of South Korea’s power generator on the anti-nuclear power policy? This question has emerged yet again following news of Korea Electric Power Corp.’s quarterly loss last week. State-owned Kepco said its operating loss reached 298.6 billion won ($248 million) in the second quarter, following its worst-ever first-quarter …

Belene project attracts five expressions of interest

Five companies have expressed interest in Bulgaria’s invitation for strategic investment in the construction of Belene nuclear power plant on the Danube River near the Romanian border. According to national newspaper 24 Chasa, China National Nuclear Corporation, Framatome, General Electric, Korea Hydro and Nuclear Power and Rosatom have all applied for the selection process. The …

V.PLU Provides Corporate Update

Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) today reports that its subsidiary, Macusani Yellowcake S.A.C. (“Macusani”) has completed the filing of appeals, known as ‘Recursos de Nulidad’, with the Mining Council of the Ministry of Energy and Mines (“MINEM”) in Peru requesting the recent administrative resolutions issued with respect …

Sharing our expertise with the U.S. Nuclear Regulatory Commission: Signing of a memorandum of cooperation to strengthen regulation of nuclear safety

On August 15, 2019, the Canadian Nuclear Safety Commission (CNSC) and the United States Nuclear Regulatory Commission (U.S. NRC), two of the world’s leading nuclear regulators, met to discuss increasing regulatory effectiveness through collaboration on the technical reviews of advanced reactor and small modular reactor (SMR) technologies. During the official signing ceremony in Ottawa, Ontario, …

Rosatom postpones fast reactor project, report says

Rosenergoatom is expected to receive about RUB280 billion (USD4 billion) less in state funding for the construction of new nuclear reactors in Russia owing to the postponement of its fast neutron reactor programme, Russian newspaper Kommersant reported last week, citing anonymous sources. Rosenergoatom is the nuclear power plant operator subsidiary of Russian state nuclear corporation …