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Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry
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Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The Seeking Alpha article - A 2015 Nuclear Renaissance - Should Fuel Solid Gains for Uranium Stocks - has more to do with the geopolitical trend and the rise of future uranium spot prices than anything else. The Putin move to facilitate a nuclear reactor for Egypt is interesting. What it does is put an end to economic globalization as we know it.

Exxon Mobil XOM lost a billion dollars in Russian oil and natural gas investments. Now, before investing or trading with other countries, multinational corporations will consider whether or not prospective country assets are protected. The ... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  87 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Bloomberg News reports that China approved the construction of new nuclear reactors for the first time since the Fukushima tsunami disaster in 2011 as the biggest polluter seeks to drive protective masks out of fashion.

The Bloomberg chart of the day compares the total electricity output of China with amounts generated from thermal coal, hydroelectric power and atomic reactors. The world largest energy consumer derived 77 per cent of its electricity from coal and gas-fired utilities last year, compared with 17 per cent provided by hydropower and 2.4 per cent by nuclear, according to... More →
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Find Out More »  |  Open Resource  |  2015/03/19  |  96 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

John T. Greilick reports that like it or not, coal has a dwindling place in the Michigan energy future. Federal regulations assure that. Renewable forms of energy, nuclear power and natural gas will take its place, along with ramped up efforts to eliminate energy waste.

The Governor adequately combined the state need to shift dependence off coal, largely because of tightening federal mandates with a market-driven approach to increasing efficiency and use of renewables. We want to respect the marketplace in terms of making sure it makes good economic sense, Snyder said.

Th... More →
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Find Out More »  |  Open Resource  |  2015/03/19  |  71 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The U.S. Nuclear Regulatory Commission - NRC has approved Westinghouse testing approach for its small modular reactor design. Approval is a significant step toward design certification and will reduce the time ultimately needed to license the Westinghouse SMR, the company said yesterday. In a letter dated 27 February, the NRC told Westinghouse that it has granted a Safety Evaluation Report for the licensing topical report that the company submitted in April 2012 for agency review and approval. The report identified what would occur in the unlikely event of accident due to a small break in wate... More →
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Find Out More »  |  Open Resource  |  2015/03/19  |  76 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

This report was submitted by Dug Wells and others on the current research on low-energy nuclear propulsion aircraft principles at the NASA Langley Research Center. It serves as the final written documentation for the Aeronautic Research Mission Directorate - ARMD - Seedling Funds Low-Energy Nuclear Reaction - LENR - Aircraft Phase I project.

The findings presented include propulsion system concepts, synergistic missions, and aircraft concepts. LENR is a form of nuclear energy that potentially has over 4,000 times the energy density of chemical energy sources. It is not expected to ... More →
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Find Out More »  |  Open Resource  |  2015/03/16  |  81 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The Carbon Capture Report is one of the primary sources of daily news and public perception reports of carbon capture and sequestration, climate change, and the energy sector around the world, 365 days a year. Based on more than a decade of research on global information discourse, the Carbon Capture Report has become an important resource for governments, companies, environmental groups, law firms, venture capitalists, researchers, and even private citizens, with subscribers in more than 120 countries.

The CCR is a service of the University of Illinois devoted to being the preemi... More →
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Find Out More »  |  Open Resource  |  2015/03/16  |  76 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

David R. Baker reports that the California last remaining nuclear plant, Diablo Canyon, can withstand a major earthquake striking on multiple nearby faults at once, according to a report Pacific Gas and Electric Co. filed with federal regulators Thursday. The report says Diablo Canyon, near San Luis Obispo and nearly surrounded by faults, could withstand the strongest quake likely to hit in 10,000 years. Perched on an 85-foot seaside cliff, the plant also could survive tsunamis generated by offshore quakes or landslides, according to PG and E. At least one critic called the report self-serving... More →
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Find Out More »  |  Open Resource  |  2015/03/13  |  77 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Coco Liu reports that the first two new nuclear reactors since the meltdowns at Fukushima received approval in China. Experts say the approval of new nuclear reactors is critical for China to achieve its target of installing 58 gigawatts of nuclear power China yesterday approved the construction of two new nuclear reactors, giving a long awaited go-ahead to Chinese nuclear developers.

The country halted its rapid nuclear power expansion in 2011, when Japan's Fukushima Daiichi nuclear power complex experienced meltdowns after a deadly tsunami. While Chinese officials allowed several ... More →
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Find Out More »  |  Open Resource  |  2015/03/12  |  98 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Dr. Conca reports that one problem that has afflicted nuclear power over the decades is the lack of standard designs and standard regulations. With only a few exceptions, all nuclear power plants are different. The industry was supposed to evolve into a few best standard designs, but the reactors lasted so long and worked so well that the pressure to do so was never very great.

And then we stopped building them.

But now the new generation nuclear industry wants to standardize all new reactors, the regulations and the safety systems. They want to have a relatively few cook... More →
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Find Out More »  |  Open Resource  |  2015/03/12  |  90 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Jasper Johnson reports that Minneapolis lawmakers have proposed bills that would lift the moratorium on constructing nuclear plants in Minnesota, which has existed since 1994. Lifting the ban could help Minnesota transition to using safer and more sustainable nuclear energy.

Nuclear energy has come a long way since its inception. Gone are the days when nuclear power was a risky venture into the unknown. Modern reactors are reliable and have numerous fail-safe mechanisms that prevent any meltdowns. The Fukushima nuclear incident represented a perfect storm of dangerous circumstances ... More →
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Find Out More »  |  Open Resource  |  2015/03/12  |  81 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Terrence McEacherna reports that as a significant Canadian producer of uranium, it might seem odd that Saskatchewan has not subscribed to nuclear power as an energy source. But Dr. Duane Bratt would like to see that change with as many as five nuclear reactors operational in the province in the near future.

Dr. Bratt, Chair and Professor in the Department of Policy Studies at Mount Royal University, presented his ideas Friday at the University of Regina. Rather than build one large nuclear reactor, Bratt proposes that Saskatchewan could benefit from five, 50-megawatt small modular r... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  100 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Kim Martini, Ph.D. recounts that on March 11th, 2011 the Tahoku earthquake and resulting tsunami wreaked havoc on Japan. It also resulted in the largest nuclear disaster since Chernobyl when the tsunami damaged the Fukushima Daiichi Nuclear Power Plant. Radioactive particles were released into the atmosphere and ocean, contaminating groundwater, soil and seawater which effectively closed local Japanese fisheries.

Rather unfortunately, it has also led to some wild speculation on the internet on the widespread dangers of Fukushima radiation. Posts with titles like Holy Fukushima, Rad... More →
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Find Out More »  |  Open Resource  |  2015/02/17  |  86 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Saudi Arabia intends to become a leader in renewable energy by building 16 nuclear reactors with a combined capacity of 22 GW, which is about half of their current electricity output. The project is estimated to cost of more than 100 billion dollars.

Abdul Ghani bin Melaibari, coordinator of scientific collaboration at King Abdullah City for Atomic and Renewable Energy, confirmed the plan, adding that the first two reactors would be ready within 10 years. However, he pointed out the cost building nuclear reactors in the Kingdom would be comparatively high because of its extreme hot ... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  199 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Mohammad Tayseer reports that Jordan will sign an agreement with Russia Rosatom before the end of this month to build the first nuclear reactor in the Middle East at a cost of 10 billion dollars, said Khalid Toukan, Chairman of the Jordan Atomic Energy Commission.
Under the agreement, Rosatom will commit to provide nuclear fuel for the first 10 years for the reactor to operate starting in 2022, Toukan said at a press conference in Amman. Jordan can also return nuclear fuel waste to Russia. The project needs final government approval.

Rosatom will finance 49.9 per cent of the p... More →
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Find Out More »  |  Open Resource  |  2015/03/20  |  80 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The Seeking Alpha article - A 2015 Nuclear Renaissance - Should Fuel Solid Gains for Uranium Stocks - has more to do with the geopolitical trend and the rise of future uranium spot prices. The Putin move to facilitate a nuclear reactor for Egypt is interesting. What it does is put an end to economic globalization as we know it.

Exxon Mobil XOM lost a billion dollars in Russian oil and natural gas investments. Now, before investing or trading with other countries, multinational corporations will consider whether or not prospective country assets are protected. The Middle Eastern nucl... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  96 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The uranium sector was hit hard in the aftermath of the 2008 Financial Crisis, then came another crisis in 2011, when a massive earthquake damaged nuclear facilities in Japan. Nuclear power generates electricity, and oil is primarily used as a fuel for vehicles. Because of this, uranium and oil don't truly compete for the same markets. For that reason, investors should not be selling uranium stocks just because oil is cheap. The energy sector crash has also led to tax-loss selling at the end of 2014. That means beaten down stocks in this sector could be poised to rebound in January and beyond.... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  194 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

South Korea and Saudi Arabia will sign an agreement on nuclear cooperation during a two-day visit by President Park Geun-Hye that began today, a diplomat said. Official Saudi media confirmed that Park had arrived in Riyadh.

We will have some framework agreement on technical cooperation, research and development and the exchange of personnel in the nuclear field, said Jungho Lee, head of the political section at Seoul's embassy.

Lee told AFP he expects several other agreements, mostly economic, to be signed between the kingdom and South Korea, Asia is the fourth-largest ... More →
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Find Out More »  |  Open Resource  |  2015/03/04  |  73 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Wolrd Nuclear News reports that TVEL, Russian nuclear fuel manufacturer, has signed another contract with the Indian Department of Atomic Energy for the supply of enriched uranium fuel pellets produced by TVEL subsidiary Elemash. The size and value of the order were not disclosed.

A series of shipments is planned for this year to the Nuclear Fuel Centre in Hyderabad, a fuel assembly production site for the Tarapur nuclear power plant, which is operated according to International Atomic Energy Agency safeguards, TVEL said today.
Russia has been supplying nuclear fuel components ... More →
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Find Out More »  |  Open Resource  |  2015/03/04  |  82 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

James Kanter and Stanley Reed report that the European Union authorities vowed on Wednesday to accelerate efforts to knit together their diverse energy systems amid deepening tensions with Russia, a major supplier of the regional natural gas.

The European Commission said its proposal for an energy union represented an important step toward unifying member economies and could help wean some countries from dependence on Russia, which supplies about a quarter of the area natural gas.

About half of those Russian gas supplies are piped through Ukraine, where Russia is involved... More →
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Find Out More »  |  Open Resource  |  2015/02/26  |  99 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Dr. Conca reports that the Michael Mann cyber-thriller Blackhat, is about the hacking of a nuclear power plant with dire consequences. Please keep in mind that it has nothing to do with reality, and nothing to do with a real nuclear power plant. The first time the film showed the nuclear power plant control room, it really portended how bad this movie was going to be. It had wall-to-wall windows overlooking a vast open pool of steaming water. Nuclear control rooms have NO windows. And they are nowhere near a fuel pool. This control room looked more like a high-tech Press Box. But the open pool... More →
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Find Out More »  |  Open Resource  |  2015/02/20  |  108 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Richard Harris reports that California is regarded as the leading state when it comes to addressing climate change. But in 2012, according to analysts at Rhodium Group, the California carbon emissions actually increased more than 10 per cent, bucking the national trend of decreases. That is in large part because California shut down one of its few remaining nuclear power plants.

That rise in carbon emissions underscores the huge impact nuclear power can have in efforts to combat climate change. Armond Cohen, executive director of the Clean Air Task Force, cites the shutdown of the S... More →
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Find Out More »  |  Open Resource  |  2015/02/19  |  105 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The aims of this report are twofold. Firstly, to highlight that new nuclear build is fully justified on the strength of the current economic criteria, and secondly, to identify the key risks associated with a nuclear power project and how these may be managed to support a business case for nuclear investment. It is written to promote a better understanding of these complex topics by the educated layperson, which may encourage subsequent wider discussion.

From the national viewpoint, many countries recognize the substantial role which nuclear power has played in satisfying various p... More →
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Find Out More »  |  Open Resource  |  2015/02/18  |  89 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Nuclear power is cost competitive with other forms of electricity generation, except where there is direct access to low-cost fossil fuels. Fuel costs for nuclear plants are a minor proportion of total generating costs, though capital costs are greater than those for coal-fired plants and much greater than those for gas-fired plants. Providing incentives for long-term, high-capital investment in deregulated markets driven by short-term price signals presents a challenge in securing a diversified and reliable electricity supply system.

In assessing the economics of nuclear power, dec... More →
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Find Out More »  |  Open Resource  |  2015/02/18  |  69 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

There is a growing possibility that Japan will rely on nuclear energy for more than 20 per cent of its total power output in 2030, compared with about 30 per cent before the Fukushima nuclear disaster started in March 2011, sources said. Following the triple reactor core meltdown at Tokyo Electric Power Co. Fukushima No. 1 nuclear plant, the government initially looked to reduce the dependence on nuclear energy as much as possible, issuing incentives that led to a glut in solar energy and costly natural gas imports.

However, to decrease the energy costs, the Ministry of Economy, Tra... More →
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Find Out More »  |  Open Resource  |  2015/04/03  |  75 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Safety concrete has been poured for Barakah Unit 1 following receipt of Construction License from UAE Regulator.The UAE officially commenced the construction of their first nuclear energy plant yesterday. This significant milestone for the UAE peaceful civil nuclear energy program follows the receipt of the Construction License from the Federal Authority of Nuclear Regulation and a No Objection Certificate from Abu Dhabi environmental regulator, the Environment Agency. The safety concrete was poured at Barakah in front of a gathering including ENEC senior management and site team, and ENEC Pri... More →
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Find Out More »  |  Open Resource  |  2015/03/08  |  91 Report Broken   Tell A Friend
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