With the spot price of uranium at a low $40 per pound, those in the industry are eyeing current supply/demand trends for an indication of whether we’re at a bottom and when prices might rebound.
World Nuclear News reports Russia and India making new agreements on nuclear power.
The two nuclear cooperation agreements were signed in India by Rosatom chief Sergei Kiryenko and Kumar Banerjee, secretary of India’s Department of Atomic Energy, in the presence of the two countries’ prime ministers. Other cooperation agreements, on a Russian satellite navigation system and on [...]
UPI reports U.S. energy secretary in Washington says US should take its position as a global leader in nuclear energy again.
U.S. Energy Secretary Steven Chu announced that Pittsburgh’s Westinghouse Electric Co. and San Diego’s General Atomics were selected for a $40 million effort to design and plan work for the next generation of U.S. nuclear power plants.
For [...]
Nuclear Engineering reports its discussion on nuclear power in the new millennium.
Talk of a nuclear renaissance has become increasingly common in popular discussion, but opponents of the industry argue that this is mainly hype lacking in real substance. So what has changed since the year 2000?It can be argued that all the fireworks going off at [...]
The Australian reports James Hansen, a high-profile climate scientist suggests the urgency of undertaking the next generation nuclear power.
“We should undertake urgent focused research and development programs in next generation nuclear power,” said atmospheric physicist James Hansen, head of NASA’s Goddard Institute for Space Studies and adjunct professor at Columbia University’s Earth Institute in New [...]
In last week’s Throne Speech, the Harper government laid out plans to liberalize foreign investment in the Canadian uranium industry in an effort to fire up mining activity.
AP reports French President says all developing countries should embrace nuclear energy.
“We need nuclear energy” to meet global goals for fighting and slowing climate change, Sarkozy said in opening an international conference in Paris on the future of nuclear power.
He wants France, which is reliant on atomic reactors for a large majority of its electricity, to [...]
Uranium seems to be the only thing going for the impoverished and politically unstable Niger, ranked last of 182 countries on the UN’s 2009 Human Development Index. This latest coup is the fourth since 1974 in the mostly Islamic West African country.
Yellowcake accounts for 72 per cent of national exports from Niger, the world’s sixth-biggest [...]
Early this week, US President Barack Obama is expected to announce a loan guarantee for two new reactors that will be built by Southern Company in Burke, Georgia.
Southern Co will be the first nuclear energy firm to take advantage of The Energy Policy Act of 2005, which allows the Department of Energy to issue loan [...]
Japanese private utilities firms have some stiff competition especially when it comes to state-backed utilities companies looking to secure uranium and nuclear contracts, especially Korean companies.
“Uranium in particular stands to benefit from the nuclear renaissance, in our view, which appears to be kicking into high gear,” says Bart Jaworski, analyst at Raymond James.
Japan, which obtains [...]
Monday, March 15, 2010
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