The Future Looks Bright for Nuclear Power—Dare We Use the ‘R’ Word Again?

Credit to Author: Aaron Larson| Date: Mon, 03 Apr 2023 04:15:00 +0000

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The term “nuclear renaissance” was very popular in the early 2000s. Nuclear power plant operators had substantially improved existing plant performance, and many new plants were being considered around the

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El Salvador Sets Sights on Joining the ‘Nuclear Power Club’

Credit to Author: Aaron Larson| Date: Mon, 20 Mar 2023 16:37:40 +0000

El Salvador is taking steps to add nuclear power to the country’s energy mix, as the nation of about 6.5 million people looks to diversify its electric power generation fleet. In support of that effort, the government of El Salvador and the Thorium Energy Alliance, a Harvard, Illinois–based non-profit advocacy group that endorses thorium-fueled reactors, […]

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Enel and Newcleo Agree to Partner on New Gen-IV Small Modular Reactors

Credit to Author: Aaron Larson| Date: Tue, 14 Mar 2023 20:58:39 +0000

The Enel Group and clean nuclear technology company newcleo signed an agreement under which they will work together on Generation IV nuclear technology projects. Under the deal, Enel will collaborate with newcleo by providing “specialized expertise” through the sharing of “a number of the company’s qualified personnel.” newcleo, for its part, will secure an option […]

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Is a Nuclear Reactor Headed to the Heart of Your City?

Credit to Author: Aaron Larson| Date: Thu, 02 Mar 2023 17:33:33 +0000

It’s not uncommon for nuclear power plants to be sited relatively close to large metropolitan areas (within 50 miles, for example), after all, that is where the biggest loads are, but reactors are rarely placed near the center of large cities. This is mainly due to the risks associated with a meltdown, or even a […]

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Poland Moves Forward With Country’s First Nuclear Power Plant

Credit to Author: Darrell Proctor| Date: Wed, 22 Feb 2023 15:32:21 +0000

Westinghouse and Poland’s Polskie Elektrownie Jadrowe (PEJ) have finalized a contract for pre-design work on what would be that country’s first nuclear power plant (NPP). The agreement announced Feb. 22 moves forward a project that began late last year when Westinghouse was selected by the Polish government to build a nuclear plant using AP1000 reactor […]

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Iran Building New Nuclear Plant; Indonesia Seeks Investors for its First

Credit to Author: Darrell Proctor| Date: Mon, 05 Dec 2022 23:15:19 +0000

Two countries seeking to expand development of their nuclear power programs have announced new projects. Iranian officials on Dec. 3 said construction of what would be that country’s second nuclear power plant has begun. Meanwhile, Indonesia’s government on Dec. 4 said it is looking for investors to support development of what would be the country’s […]

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Nuclear Power Is Finally Poised to Ramp Up Again in Japan

Credit to Author: Aaron Larson| Date: Thu, 01 Dec 2022 05:15:00 +0000

The Japanese have been hesitant to re-embrace nuclear power following the triple reactor meltdowns at the Fukushima Daiichi plant in 2011, but there are indications that nuclear power could ramp up again in

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War and Nuclear Power: Stakes Are High for People, Environment, and Industry

Credit to Author: Aaron Larson| Date: Thu, 01 Dec 2022 05:13:00 +0000

John Stevens Cabot Abbott, the 19th century American historian perhaps best known for writing History of Napoleon Bonaparte and History of the Civil War in America , is attributed with the quote, “War is the

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How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?

Credit to Author: Aaron Larson| Date: Wed, 23 Nov 2022 18:52:31 +0000

uranium-bull-market-chart-with-events-labels-Sprott

Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]

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Russia Says Construction of Egypt’s First Nuclear Plant Ahead of Schedule

Credit to Author: Darrell Proctor| Date: Sun, 20 Nov 2022 16:33:04 +0000

Officials from Russia and Egypt marked another milestone in construction of the latter’s first nuclear power plant, with a ceremony Nov. 19 to announce pouring of the “first concrete” for Unit 2 of the El-Dabaa Nuclear Power Plant (NPP). Saturday’s event came three weeks after a construction permit was issued for that unit by the Egyptian […]

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