How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?

Credit to Author: Aaron Larson| Date: Wed, 23 Nov 2022 18:52:31 +0000

uranium-bull-market-chart-with-events-labels-Sprott

Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]

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China Approves Commissioning of Thorium-Powered Reactor

Credit to Author: Sonal Patel| Date: Tue, 01 Nov 2022 04:13:00 +0000

China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at

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Nuclear Fuel Facility Unveiled for Natrium Fast Reactor Demonstration

Credit to Author: Sonal Patel| Date: Thu, 27 Oct 2022 17:11:52 +0000

A fuel fabrication facility that will create reliable fuel for TerraPower and GE Hitachi Nuclear Energy’s (GEH’s) 345-MWe Natrium pool-type sodium fast reactor (SFR) demonstration in Wyoming and future Natrium nuclear plants is taking shape at Global Nuclear Fuel–Americas’ (GNF-A’s) nuclear fuel fabrication plant in Wilmington, North Carolina. GNF-A, a 2007-established GE-led joint venture with […]

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U.S. Spent Nuclear Fuel Reprocessing May Be Making a Comeback—Here’s Why

Credit to Author: Sonal Patel| Date: Thu, 27 Oct 2022 14:47:24 +0000

The Department of Energy (DOE) has ramped up efforts to explore recycling spent nuclear fuel (SNF), or used nuclear fuel (UNF), from the nation’s fleet of light water reactors (LWRs), doling out $38 million in federal awards to a dozen projects on Oct. 21. Teams will receive funding under the DOE’s March 2022–launched “Converting UNF […]

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Pilot Advanced Nuclear Fuel Manufacturing Facility Opens

Credit to Author: Sonal Patel| Date: Thu, 25 Aug 2022 18:13:11 +0000

Ultra Safe Nuclear Corp. has opened a pilot fuel manufacturing facility that will produce TRi-structural ISOtropic (TRISO) coated fuel particles and the company’s proprietary fuel for use in its high-temperature gas reactor (HTGR). The Pilot Fuel Manufacturing (PFM) facility, located at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee, is one of the […]

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Spent Nuclear Fuel: A Valuable Resource—Not a Waste

Credit to Author: Aaron Larson| Date: Mon, 01 Aug 2022 04:17:34 +0000

Did you know that more than 90% of the potential energy that exists in fuel rods when they’re loaded into commercial nuclear reactors still remains in the fuel after five years of operation? Well, that’s

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[UPDATED] Researchers Say SMRs Will Produce More Waste Than Large Nuclear Reactors, NuScale Disputes Claim

Credit to Author: Aaron Larson| Date: Fri, 10 Jun 2022 11:54:36 +0000

Findings from research led by a team that included a former U.S. Nuclear Regulatory Commission (NRC) chairperson and experts from Stanford University suggests small modular reactors (SMRs) will generate more radioactive waste than conventional gigawatt-scale nuclear units. The results were released in a research article published in the Proceedings of the National Academy of Sciences […]

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Researchers Say SMRs Will Produce More Waste Than Large Nuclear Reactors, NuScale Disputes Claim

Credit to Author: Aaron Larson| Date: Thu, 02 Jun 2022 18:06:36 +0000

Findings from research led by a team that included a former U.S. Nuclear Regulatory Commission (NRC) chairperson and experts from Stanford University suggests small modular reactors (SMRs) will generate more radioactive waste than conventional gigawatt-scale nuclear units. The results were released in a research article published in the Proceedings of the National Academy of Sciences […]

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There’s Value in Old Power Generation Components

Credit to Author: Darrell Proctor| Date: Mon, 02 May 2022 04:18:00 +0000

Equipment from both renewable and thermal energy power plants is finding new life in the recycling market. The market for recycled power equipment components is getting a boost due to ongoing global supply

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Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium

Credit to Author: Sonal Patel| Date: Thu, 10 Mar 2022 16:14:04 +0000

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports. Potential implications over the longer term, however, require urgent action, officials from the Nuclear Energy Institute (NEI) said. NEI CEO and President Maria Korsnick told reporters at the ongoing CERAWeek by […]

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