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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

Zheng Jinran (China Daily) reports that China has set major targets to improve its nuclear energy security and capacity to control radiation sources in the 13th Five-Year Plan (2016-20). It is the first time this has been included in the national development roadmap, as the nation becomes a leading global nuclear player.

The country has 30 nuclear reactors in operation and another 26 under construction. The total number of reactors has exceeded that in Japan, which has 54, said Tang Bo, head of the nuclear energy security supervision under the Ministry of Environmental Protection.More →
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Find Out More »  |  Open Resource  |  2016/04/25  |  170 Report Broken   Tell A Friend

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

Dr. Conca reports that if anyone thinks nuclear power is on the wane globally, they have notbeen paying attention to China. More than 100 nuclear power reactors will start up in China over the next decade. The strategy is outlined in the draft of their new Five-Year Plan that covers 2016 to 2020. It is their 13th such plan, and the country has kept pretty close to most of their previous goals.

According to the document, the government will invest over US$100 billion to construct about seven new reactors annually between now and 2030. By 2050, nuclear power should exceed 350 GW in th... More →
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Find Out More »  |  Open Resource  |  2015/10/22  |  210 Report Broken   Tell A Friend

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

The Chinese government is set to resume approvals for the construction of coastal nuclear power plants, having suspended approvals and licensing for all new reactor projects in 2011. The National Development and Reform Commission - NDRC - announced plans on 4 December for the development of unspecified number of nuclear power plant projects along China eastern coast. NDRC secretary general Li Pumin said that construction of the plants would be carried out under strict safety protocols.

Just days after the Fukushima accident in Japan in March 2011, the China State Council decided to ... More →
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Find Out More »  |  Open Resource  |  2014/12/13  |  121 Report Broken   Tell A Friend

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

China will prioritize the development of a floating nuclear power platform in the coming five years, in an effort to provide stable power to offshore projects and promote deep-water natural-gas development.

The news was announced by Wang Yiren, (State Administration of Science, Technology and Industry for National Defense). Wang told Science and Technology Daily that Chinese authorities have already carried out research on relevant core technologies as well as the standardization of maritime nuclear power plants, adding that the development of the facility is a crucial part of the c... More →
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Find Out More »  |  Open Resource  |  2017/02/23  |  97 Report Broken   Tell A Friend

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

China will start the construction its first floating nuclear power plant that could sail to specific distressed sites and anchor offshore to produce power by the end of this year, officials said. The reactor, designed to power offshore oil and gas drilling, island development and remote areas, is scheduled to be put into operation in 2019, said China National Nuclear Corporation (CNNC) board chairman Sun Qin.

The CNNC holds all the intellectual property rights of the floating nuclear reactor, state-run Xinhua news agency quoted Sun, a deputy to the National Peoples Congress as sayi... More →
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Find Out More »  |  Open Resource  |  2016/03/03  |  166 Report Broken   Tell A Friend

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

China is set to become Asian nuclear powerhouse and predicted to surpass South Korea and Russia in generating energy capacity by 2020. The country has been increasing its nuclear output in recent years which, according to new analysis, it plans to leverage so it can take an ownership role throughout the entire supply chain.

Data from the EIA (Energy Information Administration) shows nuclear output currently makes up slightly more than 2% of China total power generation. However, the Chinese government has revealed it wants to reach a goal of at least 15% of energy consumption from n... More →
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Find Out More »  |  Open Resource  |  2015/07/22  |  311 Report Broken   Tell A Friend

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

Damian Carrington reports that China will take a one-third stake in a French-led project to build a new 24 billion pound nuclear power plant in the UK at Hinkley Point in Somerset, expected to be the largest and most expensive ever built.

The deal was signed between state-owned companies from China and France just hours before the Chinese president, Xi Jinping , arrived in London for a state visit, and is due to be announced on Wednesday. It will lead to a final investment decision - the point of no return - by the end of 2015, according to the Financial Times.

The compan... More →
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Find Out More »  |  Open Resource  |  2015/10/21  |  183 Report Broken   Tell A Friend

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

Stephen Stapczynski reports that state-owned China General Nuclear Power Corp. made an agreement to build two reactors in Romania, continuing China push to export nuclear technology abroad. The memorandum of understanding, signed with Romanian state-owned Societatea Nationala Nuclearelectrica SA, covers construction and operation of two Chinese-developed reactors at the Cernavoda nuclear power plant, according to a statement on the Chinese company website. The project total investment will be about 7.2 billion euros ($7.7 billion) and the two companies will establish a venture, the statement s... More →
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Find Out More »  |  Open Resource  |  2015/11/10  |  253 Report Broken   Tell A Friend

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

The following article has been republished with kind permission from China Dialogue. It was written by Wei Wei and Wang Erde. Please note that the original title was - Nuclear, Not Fracking, is The Answer to China Future Energy Needs.

Gal Luft works as an advisor to the US Energy Security Council, an NGO based in the US. This is an edited version of an interview first published by 21st Century Business Herald.

He allows that energy security is two things - 1. energy availability and 2. energy affordability. You can have all the energy in the world, but if it is highly pri... More →
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Find Out More »  |  Open Resource  |  2014/11/14  |  132 Report Broken   Tell A Friend

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

Ambrose Evans-Pritchard reports that the nuclear race is on. China is upping the ante dramatically on thorium nuclear energy. Scientists in Shanghai have been told to accelerate plans to build the first fully-functioning thorium reactor within ten years, instead of 25 years as originally planned. He suggests that this is definitely a race. China faces fierce competition from overseas and to get there first will not be an easy task, says Professor Li Zhong, a leader of the program. He said researchers are working under warlike pressure to deliver.

They may do the world a big favor. T... More →
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Find Out More »  |  Open Resource  |  2015/01/17  |  203 Report Broken   Tell A Friend

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

Stephen Stapczynski reports that project financing offered by state-backed nuclear power companies from China and Russia gives them an advantage over U.S. rivals in the competition for global technology deals, U.S. Energy Secretary Ernest Moniz said in Tokyo.

Chinese and Russians can finance international projects in ways that are different than what American companies can do, Moniz said. He expects that they are certainly going to get a substantial market share (for a while at least).

State-owned companies including China General Nuclear Power Corp. and the Russian Rosat... More →
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Find Out More »  |  Open Resource  |  2016/05/05  |  193 Report Broken   Tell A Friend

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

Lyu Chang reports that a top nuclear research institute has discovered the existence of natural metallic uranium in China, disproving a previous belief it could exist only as a compound naturally, thus requiring extraction treatment.

A team from Beijing Research Institute of Uranium Geology at China National Nuclear Corporation has found ores containing metallic uranium in northern Guangdong province, which could help provide a secure supply to Chinas ever-growing nuclear industry.

Li Ziying, its president and senior geologist, said the team used a ground-breaking techniq... More →
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Find Out More »  |  Open Resource  |  2015/10/16  |  182 Report Broken   Tell A Friend

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

He Yini reports that one of the top two State-owned nuclear firms plans to raise as much as $13.4 billion yuan ($2.16 billion) in what is expected to be the largest domestic initial public offering in five years in China.

China National Nuclear Power Corp is set to sell up to 3.89 billion new shares, or a quarter of its total, in the offering, according to its IPO prospectus filed with the Shanghai Stock Exchange on Monday. The offering is expected to launch on June 2.
Media reports citing Dealogic data say the float is poised to be the largest in the domestic market since Chin... More →
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Find Out More »  |  Open Resource  |  2015/05/28  |  144 Report Broken   Tell A Friend

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

Aibing Guo reports that the stock value of Chinese nuclear power generators rose in Hong Kong and Shanghai after the State Council approved the construction of four additional reactors on Wednesday.

China has approved construction of eight reactors this year, including recent approval. China plans to build as many as eight nuclear power plants each year from 2016 to 2020 and invest 500 billion yuan ($77 billion) on next-generation nuclear reactors during the five years, according to a statement from state-owned Power Construction Corp. of China Ltd. earlier this month, citing a draf... More →
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Find Out More »  |  Open Resource  |  2015/12/18  |  141 Report Broken   Tell A Friend

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

Mori Kessler reports that as cities seek viable alternatives to coal-fueled power generation, one alternative being explored and invested in by Washington City, Utah is nuclear power. During a meeting Wednesday night, the City Council approved an agreement with the Carbon Free Power Project that will provide funds toward identifying potential sites for a nuclear power plant.

The Carbon Free Power Project is focused around the future use of small modular nuclear reactors being developed by Oregon-based NuScale Power. The compact reactors are anticipated to generate around 50 megawatt... More →
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Find Out More »  |  Open Resource  |  2015/07/24  |  179 Report Broken   Tell A Friend

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

Michael Shellenberger opines that utilities that own nuclear power plants are in serious financial trouble. While it is tempting to blame low natural gas prices and misplaced post-Fukushima jitters, nuclear troubles are rooted in regulatory capture, a capture that finds its genesis in the origins of the U.S. environmental movement. This capture is now threatening to bring this climate-friendly energy source to the brink.

Consider that in the U.S., utilities have either closed or announced premature closures of seven plants in 3 years. At least 8 more are at risk of early closure in ... More →
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Find Out More »  |  Open Resource  |  2016/05/04  |  170 Report Broken   Tell A Friend

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

A core element of the Clean Power Plan allows the states to take credit for future carbon-free electricity generated by nuclear power in meeting the significant carbon dioxide emission reduction targets being set in the Plan. Such credits will apply from nuclear power plants currently under construction or that will be proposed and commence construction in the future.

The nuclear power industry, the core end user for uranium, is already in a strong growth phase. According to the World Nuclear Association, there are 67 new nuclear reactors under construction globally today, represent... More →
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Find Out More »  |  Open Resource  |  2015/08/04  |  203 Report Broken   Tell A Friend

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

Chris Tomlinson, of the Houston Chronicle, reports that sitting in a file cabinet at the South Texas Project nuclear plant is a permit application for building an additional reactor. The partnership that owns the plant - NRG Energy, CPS of San Antonio and Austin Energy - suspended attempts to build a third reactor after the Fukushima incident and a forecast that predicted continued low power prices in Texas. But that proposal could find new life in helping to fight climate change.

The Clean Power Plan, which aims to reduce carbon dioxide emissions from electricity generation, encour... More →
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Find Out More »  |  Open Resource  |  2016/01/04  |  264 Report Broken   Tell A Friend

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

Dr. Conca reports that Dr. James Hansen, a leading climate scientist in the world, sent a letter to Governor Jerry Brown of California, about how nuclear energy was essential to fighting global warming. The letter was prompted by a recent announcement by P,G and E to close its well-running, low-carbon, low-cost nuclear reactors at Diablo Canyon because of political pressure from the state of California and especially Liberal Lt. Governor Mansion.

New York addressed this issue just last week when it passed a true Clean Energy Standard that supports both renewables and nuclear.
More →
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Find Out More »  |  Open Resource  |  2016/08/15  |  123 Report Broken   Tell A Friend

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

Umair Irfan, for Scientific American, reports that a group of environmental activists, a legendary scientist and a camera crew embarked on a quixotic rescue effort. Their goal ... saving Illinois nukes. We should not be taking them off the table, in my opinion, said Dr. James Hansen, a former scientist at NASA famous for raising the alarm about climate change before Congress in 1988. It is our biggest source of carbon-free energy at this time.

Hansen and the bandwagon headed for Clinton, 160 miles southwest of Chicago, to meet employees at the Clinton Power Station, a sky blue and g... More →
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Find Out More »  |  Open Resource  |  2016/06/02  |  169 Report Broken   Tell A Friend

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

Dr. Conca suggests that when we talk about climate change, we point out that 97 per cent of climate scientists agree that we are in a warming period and that we need to act. When we converse about biological evolution, we acknowledge that 100 per cent of geologists understand that biological evolution has been acting on Earth for the last 4 billion years, with some tinkering perhaps. When we discuss medical science, we understand that 99 per cent of physicians agree that everyone needs to be vaccinated. When we discuss war, we listen to generals, diplomats and others on the subject.

More →
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Find Out More »  |  Open Resource  |  2015/05/15  |  165 Report Broken   Tell A Friend

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

Ron Kirk, ex-member of President Obama Cabinet alongside Hillary Clinton, opines that the international community has come together and finally approved a deal to demonstrate a global commitment to reduce carbon emissions and to keep global warming from rising above the 2 degrees Celsius mark from pre-industrial levels.

Clinton has called for an addition of 500 million solar panels by 2020 with enough renewable energy to power every home in America by 2027. Clinton vision is both ambitious and forward-thinking, but unachievable at this historical juncture. A viable alternative is ex... More →
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Find Out More »  |  Open Resource  |  2015/12/15  |  196 Report Broken   Tell A Friend

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

Dr. Conca reports that a widespread claim ... that dozens of nuclear plants merit subsidies to protect the climate of the Earth, has been borne out by reality. One of the U.S. most prominent and technically capable utilities, Pacific Gas & Electric Company, recently announced its decision to close its well-running, low-carbon, low-cost nuclear reactors at Diablo Canyon, because of political pressure from the state of California and especially from its Lt. Governor. At the same time, tax subsidies for renewables, plus low natural gas prices, are making reactors uneconomic in the short term.... More →
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Find Out More »  |  Open Resource  |  2016/07/15  |  128 Report Broken   Tell A Friend

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

Revis W. James reports that California is on the verge of making a very risky bet, one that threatens CA prosperity and environment, and its contribution to global climate progress. Several groups joined with PG and E in an agreement to close Diablo Canyon in fewer than 10 years. The deal does not have much to do with global warming. Instead, it has everything to do with picking an energy mix that has a risky lack of diversity, and is going to be very complex, expensive, and unlikely to help our climate goals.

Others should pay attention, because elimination of more than a quarter o... More →
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Find Out More »  |  Open Resource  |  2016/07/01  |  174 Report Broken   Tell A Friend

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

Dr. Conca reports that the people of Vermont have chosen to close the Vermont Yankee Nuclear Power Plant for no good reason and have reversed the state progress on reducing carbon. Their actions have punished rate-payers in their neighboring States of Massachusetts and New Hampshire with up to 50 per cent rate increases. But he is sure they did not mean that to happen. A report from the National Grid says that its customers in western Massachusetts can expect a 37 per cent rate hike on November first, due in large part to the early retirement of the Vermont Yankee nuclear plant. Next door in N... More →
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Find Out More »  |  Open Resource  |  2014/09/29  |  131 Report Broken   Tell A Friend
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