Gear Up for a Violent Uranium Price Spike, Says Cantor Fitzgerald's Rob Chang

December 24, 2015 by Jim Patrick

The price of uranium is still in the doldrums, but that will change soon—and violently, says Rob Chang of Cantor Fitzgerald Canada. In this interview with The Energy Report,he explains that electric utilities will begin to run short of fuel even before 2020, when 33 additional reactors are expected to come on line.[read more]

Marin Katusa's Transformative Vision of a Post-Fission/Denison Merger Uranium World

November 12, 2015 by Jim Patrick

Energy Mergers and Risks

Investors have spoken, and they said they don't want a merger of Fission Uranium and Denison Mines. In this interview, Marin Katusa, founder of Katusa Research, shares his insight on why Fission investors rejected the deal and where he is finding value in the uranium and oil sector today.[read more]

A Few Insights on the State of Nuclear

August 15, 2012 by Gail Tverberg

The issue of nuclear electricity is a complex one. In this post, I offer a few insights into the nuclear electric situation based on recent reports and statistical data. According to BP’s Statistical Review of World Energy, the highest year of nuclear electric production was 2006. Now, however, two trends have emerged.[read more]

Which is better for nuclear- Uranium or Thorium?

April 30, 2012 by Charles Barton

My last post focused on the uranium as a renewable resource.This seemingly radical view, is supported by well known facts. The question then is, with the renewable nature of uranium, why should we need thorium?Although uranium is virtually infintly renewable in sea water, the amount of uranium that can be recovered from seawater may not...[read more]

GE-Hitachi Proposes to Burn U.K. Plutonium Stockpile

December 22, 2011 by Dan Yurman

GE Hitachi Nuclear Energy has proposed to the U.K. government to build an advanced nuclear reactor that would consume the country’s stockpile of surplus plutonium.The technology is called PRISM, which stands for Power Reactor Innovative Small Module. If accepted, it would be very different than the other proposals to process...[read more]

Gen 3 Nuclear Power Plants' Minimal Fuel Use

October 26, 2011 by Barry Brook

In one of the entries on my series of posts on the Integral Fast Reactor, I pointed out that a next-generation nuclear-power-plus-full-fuel-recycling plant would require only 1 tonne of natural uranium fuel (or thorium, or nuclear waste, or depleted uranium) per year, for a 1,000 MWe plant. However, I recently got asked this related...[read more]

NRC Issues License for Areva’s Eagle Rock Enrichment Facility

October 13, 2011 by Dan Yurman

The project is set to begin work before the snow flies on the Arco desert The U.S. Nuclear Regulatory Commission issued the license for Areva’s $2.4 billion uranium enrichment plant on October 12. The action by the federal agency will allow the firm to ink the final term sheet of its $2 billion federal loan guarantee with the U.S....[read more]

Review: "Uranium: War, Energy, and the Rock that Shaped the World"

September 29, 2011 by Steve Skutnik

Uranium: War, Energy, and the Rock that Shaped the World, by Tom ZoellnerI recently have had a bit of down time in the transition to my new career (having finished my Ph.D. and waiting to begin my new job at Oak Ridge National Laboratory in October), so while perusing the library this weekend, Zoellner's popular history of Uranium...[read more]

What Are The Problems With LFTR Technology?

August 29, 2011 by Charles Barton

What are the problems with MSR/LFTR technology? This turns out to be a hard question to answer. Since there are a large number of LFTR design options, however, it is difficult to identify a set of problems that shared all of the options. Rather we should talk about elective choices, and the problems that a MSR/LFTR designer would face...[read more]

Studies Show Thorium Can Be Used In Many Different Reactor Types

August 3, 2011 by Steve Skutnik

The sustainability of the nuclear fuel cycle will be an eventual threat to the expansion of nuclear power, even if Uranium is cheap at the moment. As mentors of mine have argued, if we can't move to a more advanced fuel cycle, nuclear power will likely have "no future". The fungibility of fuels used in commercial power plants is...[read more]

Nuclear Industry Must Be Transparent on Uranium Mining, Carbon Output Before New Plants

July 19, 2011 by David Thorpe

The nuclear industry has to clean up its supply chain, be as ethical, accountable and transparent as possible, and come clean on its true carbon impact, if it is to earn our trust.The UK is considering supporting the building of a new generation of nuclear plants, and the Treasury's Carbon Price Support mechanism could result in nuclear...[read more]

Nuclear Industry Subsidies Part IV: Conclusions

July 6, 2011 by Charles Barton

This is Part IV of my review of Doug Koplow's "Nuclear Power: Still not viable without subsidies." In Part I, I examined the definition of subsidies and looked at several limiting cases, including subsidies to an energy related project, the Cape Wind Project. Par II focused on Government policy toward the domestic Uranium mining...[read more]

Nuclear Industry Subsidies Part II: The Mining Sector

June 28, 2011 by Charles Barton

Nuclear Industry Subsidies Part II: The Mining Sector Doug Kaplow, in a Union of Concerned Scientists report titled, Nuclear Power: Still not viable without subsidies," has offered us an attempt to assess subsidies offered by the Government to the Nuclear Industry. Koplow charges that one form of government subsidy has to do with...[read more]

McConnell Asks DOE to Keep Using 60 Year Old Enrichment Plant To Save Jobs

May 24, 2011 by Rod Adams

  On May 18, 2011, Senator Mitch McConnell exercised the privilege of being the senate minority leader to visit the Senate Appropriations Committee Subcommittee on Energy and Water while the committee was holding a hearing on the fiscal year 2012 budget for the Department of Energy. He asked Secretary Chu a number of pointed...[read more]

Leading Uranium Producer, Cameco Reports 36% Profit Dip in First Quarter

May 9, 2011 by Nathanael Baker

Cameco (NYSE: CCJ), one of the world's largest uranium producers, announced its earnings dropped 36% in the first quarter of 2011. The Saskatchewan-based company saw its profits drop from $143 million in the Q1 2010 to $91 million in Q1 2011.  Additionally, the company's revenue dropped 6% from $485 million to $454 million...[read more]