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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 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  |  91 Report Broken   Tell A Friend

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

The Michigan State Senate is urging the federal government to open up the Nevada Yucca Mountain nuclear waste depository. Senator Phil Pavlov of St. Clair Township says Michigan residents have been paying this on their utility bills for years. We have the Canadian government contemplating building a nuclear waste repository very close to Lake Huron, Pavlov said. It is time that they take that responsibility. Let us fix this problem, let us get the federal government to resolve this matter and get this funded.

Michigan is home to three nuclear power plants. The Nevada Yucca Mountain ... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  97 Report Broken   Tell A Friend

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

Matthew Bandyk reports that a new executive order issued by President Barack Obama to cut greenhouse gas emissions from federal government agencies could finally benefit what has become a pet project of the administration - small modular reactors, aka SMRs. The in-development technology is the only form of nuclear energy to qualify as clean energy under the order....oddly enough.

The order, announced March 19, requires federal agencies to ensure that increasing amounts of the electric and thermal energy they consume come from low-carbon dioxide-emitting alternative energy sources. A... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  243 Report Broken   Tell A Friend

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

Kristen Moran reports that while plans to ban uranium mining in Queensland again have miners in the state up in arms, other Australian states are reportedly ready to reap the benefits. For instance, Mines Minister, Bill Marmion, sees the situation as an opportunity for WA to capitalize on investment in the sector. Marmion told Australian Mining Thursday that this is working to maximize uranium opportunities in WA, as opposed to the Queensland Labor short-sighted approach - based on input from misguided and ill-advised influences within Labor Party and from the greenies.

Since WA had... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  128 Report Broken   Tell A Friend

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

Almost 40 countries are considering introducing nuclear power. The majority of these are located in Southeast Asia, the Middle East and Africa. Though the group is large, caution should be exercised in assessing which might actually build a first nuclear plant and over what time frame.

There are many stages to introducing nuclear power. An adequate regulatory framework, overseen by an entity that is both competent and independent, is imperative. Also critical are a country underlying economic, political and social conditions. To build a large-scale reactor, adequate financial resour... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  81 Report Broken   Tell A Friend

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

Barry W. Brook and Corey J. A. Bradshaw of the University of Adelaide report that leading conservation scientists from around the world have called for a substantial role for nuclear power in future energy-generating scenarios in order to mitigate climate change and protect biodiversity.

In an open letter to environmentalists with more than 60 signatories, the scientists ask the environmental community to weigh up the pros and cons of different energy sources using objective evidence and pragmatic trade-offs, rather than simply relying on idealistic perceptions of what is green. Org... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  81 Report Broken   Tell A Friend

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

Oscar Archer reports that the entrenched Australian anti-nuclear narrative has crumbled. A federal senator proposes a bold plan for a next-generation nuclear industry in South Australia. Australia does not generate power with nuclear reactors but its single research reactor, operated by ANSTO, is a world-class multi-purpose facility which this year is set to triple its production of medical isotopes. As Senator Edwards pointed out that Australia is already a nuclear nation. The Federal Government runs the reactor in suburban Sydney, 40 km from downtown.

The proposal would be to esta... More →
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Find Out More »  |  Open Resource  |  2015/03/23  |  105 Report Broken   Tell A Friend

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

Sean Edwards reports that the environmental, scientific, economic, philosophical and moral arguments stack up, suggesting it is time for South Australia to embrace nuclear power. Nowadays anti-nuclear activists are among the greatest obstacles to the environmental healing of planet Earth.

Try as the greenies - aka adversaries - might, they can not meaningfully oppose nuclear power on environmental grounds. That is because nuclear reactors produce no emissions that contribute to global warming, acid rain or smog. In fact, the life-cycle emissions of nuclear energy rank alongside thos... More →
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Find Out More »  |  Open Resource  |  2015/03/20  |  110 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  |  96 Report Broken   Tell A Friend

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

NEI reports that large majorities of Americans support nuclear energy and believe it will be important for the future, a new national public opinion survey shows. Public support for nuclear energy is particularly strong in the Midwest and in the South, where five reactors are being built.

Sixty-eight per cent of those surveyed said they favor the use of nuclear energy as one of the ways to provide electricity in the United States. A similar survey conducted last year found 63 per cent favorable. In the Midwest, 76 per cent of respondents favor the use of nuclear energy, as do 71 per... More →
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Find Out More »  |  Open Resource  |  2015/03/20  |  81 Report Broken   Tell A Friend

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

Matthew Bandyk reports that about two years ago, the small modular nuclear reactor was looking to be on track to be the next generation of nuclear technology, as suggested by U.S. Secretary of Energy Ernest Moniz.

In 2013, Generation mPower, a venture between Babcock and Wilcox Co. and Bechtel Corp., had recently been awarded a quarter of a billion dollars in U.S. Department of Energy funding to help get its small modular reactor built by the early 2020s. Politicians were exploring what the fuss was about - the Legislature in Indiana, for example, passed a resolution citing renewed ... More →
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Find Out More »  |  Open Resource  |  2015/03/20  |  74 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  |  226 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  |  93 Report Broken   Tell A Friend

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

Anders Lorenzen reports that when Francois Hollande was elected President of France in 2012, he pledged that he would reduce the nuclear energy contribution to the country electricity mix from 75 per cent to 50 per cent by 2025. However, this pledge may no longer be a reality. Energy Minister, Ms. Segolene Royal, said last month that it was no longer a high priority to do so. She said that she was not in favor of quitting nuclear power and added that France needs to continue investing in it, particularly in fourth-generation reactors which will consume less nuclear fuel and recycle nuclear was... More →
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Find Out More »  |  Open Resource  |  2015/03/24  |  87 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  |  101 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  |  89 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  |  95 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  |  127 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  |  113 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  |  102 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  |  122 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  |  112 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  |  229 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 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  |  106 Report Broken   Tell A Friend

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

Julie Harrington, Ph.D., reports in a NEI funded study that the FPL nuclear operations play an important role in the health of Florida economy. The economic benefits these operations generate directly through wages and the purchase of goods and other services are considerable. These benefits are felt strongly by municipalities and businesses locally, throughout the region and the state.

This report details that in 2013 alone, FPL nuclear operations generated a total of 1.2 billion dollars of economic output in the counties around the Turkey Point and St. Lucie power plants, 1.4 bil... More →
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Find Out More »  |  Open Resource  |  2015/04/20  |  119 Report Broken   Tell A Friend
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