A petition filed by two US uranium-producing companies that asks the Trump administration to require that 25% of US reactor operator uranium requirements be met with domestically sourced material will prompt many US nuclear fleet fuel buyers to re-examine their near- and long-term uranium sourcing strategies, an industry consultant said in a January 29 interview. …
Before you bet on Cameco stock for 2018, read this. Cameco Corporation (NYSE:CCJ) is well versed in challenges. The going, after all, has been anything but smooth for the world’s largest uranium producer, after the Fukushima Daiichi nuclear disaster of 2011 that overturned the uranium industry’s exponential growth prospects overnight. From a shareholder point of …
PARIS (Reuters) – French utility EDF wants to keep most of its nuclear reactors running until at least 2029, a plan that could delay the government’s goal of reducing the share of atomic power in the country’s energy generation. Philippe Sasseigne, EDF’s head of nuclear generation, said on Tuesday the state-controlled company wanted to keep …
China’s state asset regulator has been driving consolidation of businesses it supervises to help the economy grow at a slower but more sustainable pace Beijing has given the green light to the merger between two nuclear giants as it continues to pursue further consolidation of state-owned industrial juggernauts to enhance operating efficiency. China National Nuclear …
France’s nuclear giant has a plan to survive the wave of renewable energy that’s sweeping aside old-fashioned utilities across Europe. First it needs to disprove the conventional wisdom about how reactors work. Electricite de France SA says its fleet of nuclear reactors aren’t just able to provide a steady stream of power, they’re flexible enough to …
TORONTO, ONTARIO–(Marketwired – Jan. 31, 2018) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to announce an 88% increase in the Indicated Mineral Resources estimated for the Wheeler River project. Denison is also pleased to announce it has increased its interest in the Wheeler River project during 2017 from 60% to …
The nuclear power industry is struggling in the U.S. Several reactors are at risk of early closure due to difficulty competing in the wholesale power markets. New units being built in South Carolina have been abandoned, while the only other nuclear construction project in the U.S.—the Plant Vogtle expansion in Georgia—is behind schedule and over …
BRUSSELS–(BUSINESS WIRE)–Westinghouse Electric Company today announced that it has signed a nuclear fuel contract extension with Ukraine’s State Enterprise National Nuclear Energy Generation Company (SE NNEGC) Energoatom. The contract includes nuclear fuel deliveries to seven of Ukraine’s 15 nuclear power reactors between 2021 and 2025, expanding and extending the existing contract for six reactors that was …
* ASN says French nuclear safety now better than year ago * But Flamanville documentation few months behind schedule (Adds ASN comments) By Geert De Clercq PARIS, Jan 29 (Reuters) – The start-up calendar is “tight” regarding French state-controlled utility EDF’s nuclear reactor which is under construction in Flamanville, northern France, said the head of …
A pressure vessel powered by China’s self-developed Hualong One technology is expected to finish its installation on the No. 5 unit reactor by 6:00 p.m. BJT on Sunday. The reactor pressure vessel (RPV), a core part of a nuclear power unit, weighs over 300 tons and endures high levels of radiation and pressure, and soaring …
