Related Topic: Economics

Study assesses economics of restarting Kayelekera mine

Study assesses economics of restarting Kayelekera mine

Resuming operation of the Kayelekera uranium mine in Malawi will cost an estimated USD50 million, a restart scoping study has concluded. Australian-based exploration company Lotus Resources Ltd bought the mine - currently in care and maintenance - from Paladin Energy earlier this year. Lotus says it now plans to advance to a restart feasibility study.

Uranium & Fuel 22 October 2020


New nuclear 'the most efficient way' to decarbonise grids, NNWI report finds

New nuclear 'the most efficient way' to decarbonise grids, NNWI report finds

A new report published today by New Nuclear Watch Institute concludes that new nuclear build is the most efficient way to achieve decarbonisation of the electricity grid, being able to reduce system carbon intensity by up to 34% per megawatt of installed capacity compared to intermittent renewables. It recommends that policymakers look beyond the levelised cost of electricity to assess the overall system impact of power generation technologies.

Energy & Environment 22 October 2020


Uranium market is coping with impact of the pandemic

Uranium market is coping with impact of the pandemic

Most respondents to UxC's annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said.

Uranium & Fuel 08 October 2020


Intermittency amid low demand creates negative prices, study shows

Intermittency amid low demand creates negative prices, study shows

Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity, according to a new study by European power market data analyst EnAppSys. European countries on average saw negative day-ahead prices almost 1% of the time (0.8% on average). These levels were typically three to four times higher than those seen between 2015 and 2018, and more than twice those in 2019.

Energy & Environment 01 October 2020


Policymakers must assess the actual costs of decarbonisation

Policymakers must assess the actual costs of decarbonisation

The falling costs of renewable energy, such as solar PV and wind, do not give governments an accurate picture of how to invest in low-carbon generation, Michel Berthélemy, a nuclear energy analyst at the OECD Nuclear Energy Agency, said last week during a webinar hosted by the Expert Group on Resource Management of the United Nations Economic Commission for Europe.

Nuclear Policies 28 September 2020


Rosatom explains the 'multiplier effect' of new nuclear

Rosatom explains the 'multiplier effect' of new nuclear

The development of a national nuclear industry facilitates a country's economic growth while at the same time keeping in harmony with low-carbon and sustainable development, Yaroslav Mozdakov, director for communications and international affairs at Rusatom Energy International, said last week during a webinar hosted by the Expert Group on Resource Management of the United Nations Economic Commission for Europe. REIN is a subsidiary of Russian state nuclear corporation Rosatom.

Corporate 28 September 2020


Report sees opportunities for nuclear supply chain

Report sees opportunities for nuclear supply chain

The 2020s are likely to be a time of uncertainty for global energy systems with the growing recognition that business-as-usual is unsustainable and represents a threat to humanity, but the global transition to low-carbon energy and the post-COVID recovery will be a time of opportunity for the nuclear energy sector and its supply chain, according to the 2020 edition of a World Nuclear Association report that analyses the economic value of the nuclear power industry. The report is the work of the Association's Supply Chain working group, which is chaired by Laurent-Olivier Coudeyre of EDF.

Nuclear Policies 23 September 2020


Nuclear industry leaders discuss game-changing issues

Nuclear industry leaders discuss game-changing issues

Leaders of World Nuclear Association working groups participated in a webinar yesterday to highlight some of the issues of key importance to the global nuclear industry. These include: harmonisation in reactor licensing; energy market design; safety regulation; and, new applications of nuclear energy. The Industry Gamechangers webinar was a pre-event to the Association's Strategic eForum to be held next week.

Nuclear Policies 03 September 2020


Exelon announces early shutdown of four Illinois reactors

Exelon announces early shutdown of four Illinois reactors

US utility Exelon Generation announced today both the two-unit Byron and Dresden nuclear power plants will be retired in 2021 as "the result of market rules that favour polluting power plants over carbon-free nuclear energy". It warned that further plants are at risk of premature closure due to these unfavourable market rules.

Corporate 27 August 2020


Energoatom is 'doomed to succeed', says vice president

Energoatom is 'doomed to succeed', says vice president

Ukraine's nuclear power plant operator will thrive in a free market and be able to export surplus electricity if the government removes impediments to its success, Herman Halushchenko, Energoatom's vice president of development, said in an interview with Energy Club last week. Asked where he sees the company in five years, he said: "There is good phrase for this - 'We are doomed to succeed'. We must give this unique company the opportunity to become truly successful."

Corporate 27 July 2020