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Russia to build nuclear reactors for China & Egypt

Russia's state atomic energy corporation Rosatom will commission the third and fourth unit of China's Xudabao nuclear power plant (NPP) by 2027-2028 and start construction of the first unit of Egypt's Dabaa NPP in the summer of 2020, according to Aleksei Likhachev, CEO of Rosatom, on Wednesday.

read more... 13/09/2018

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UK to help modify Iran’s Arak heavy-water nuke reactor

The U.K. will help Iran modify its Arak nuclear reactor after the U.S. withdrew from a 2015 nuclear deal between Tehran and world powers earlier this year, Iranian officials announced Wednesday.

read more... 23/08/2018

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US government to investigate uranium imports

At the request of two domestic uranium producers, the US Department of Commerce (DOC) has launched an investigation into whether "the present quantity and circumstances" of uranium imports threatens national security. However, the US nuclear energy industry has warned that a suggested quota on imports would have a significant financial impact on the country's reactor operators.

read more... 20/07/2018

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Investment in new nuclear declines to five-year low

Global energy investment fell for the third consecutive year in 2017, according to the International Energy Agency (IEA). Investment in nuclear power declined by nearly 45% last year to USD17 billion. Although spending on new reactors reached the lowest level in five years, investment on upgrades of existing units increased.

read more... 19/07/2018

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Daily (03.07.2018): French day-ahead electricity price jumped by 30.7% on Monday as nuclear reactors were off for maintenance

Oil crude prices surged on Monday, as increased supply from Saudi Arabia and Russia and U.S. sanctions against Iran weighed down on demand. Brent crude slumped by 2.7% to $77.3 a barrel, while WTI crude slipped by 0.3% to $73.94 a barrel.

read more... 03/07/2018

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