Thursday, December 26, 2024
Iranian-parliament-oilandgas360

Iranian parliament orders increase in uranium enrichment – This is one to watch

WNN Oil & Gas 360 Publishers Note: The US Presidential Election is already having a world wide impact. This will be a story to watch to see if the policy will be changed to Iran and peace in the Middle East compromised.  The Iranian parliament yesterday approved a bill requiring the Atomic Energy Organisation of Iran (AEOI) to produce at

Putin decrees development of Arctic with more nuclear icebreakers – This will help Russia cash flow from fossil fuels.

WNN Oil & Gas Publishers Note: These large investments will help Russia maintain the cashflow from fossil fuels which make a substantial portion of their GDP.  Russian President Vladimir Putin has signed an executive order, On the Strategy for Developing the Russian Arctic Zone and Ensuring National Security until 2035, which foresees the construction of at least five new nuclear-powered icebreakers of the Project 22220

Feds fund small nuclear reactor ahead of national strategy to adopt more of them -oilandgas360

Feds fund small nuclear reactor ahead of national strategy to adopt more of them

An Ontario nuclear power company is getting $20 million from Ottawa to try to get its new small modular reactor in line with Canada’s safety regulations. The grant to Terrestrial Energy in Oakville, Ont., is the first investment Canada has made in small modular reactors, or SMRs. It comes just weeks before Natural Resources Minister Seamus O’Regan expects to produce

russias state atomic energy corporation rosatom launches lithium battery storage business unit - oilandgas360

Russia’s State Atomic Energy Corporation Rosatom launches lithium battery storage business unit

Energy Storage news Nuclear technology company Rosatom, Russia’s biggest electricity provider and the country’s supplier of nuclear fuel for power plants, has opened an energy storage business unit based around lithium-ion batteries. The state corporation – State Atomic Energy Corporation Rosatom to give it its full name – said last week that it has “completed incorporation” of the energy storage business

U.S. Department of Energy Announces $26.9 million for Advanced Nuclear Technology

DOE WASHINGTON, D.C. – – The U.S. Department of Energy (DOE) today announced funding for three domestic projects that will accelerate advanced nuclear technology development. These projects, valued at $26.9 million including industry cost-share contributions, will allow industry-led teams to advance the state of domestic commercial nuclear capability. Two awards will advance flexible operation of light-water reactors with integrated hydrogen production systems.

UAE nuclear energy plant Unit 1 -oilandgas360

UAE nuclear energy plant Unit 1 reaches 50% power capacity

Trade Arabia The reactor of Unit 1 of the Barakah Nuclear Energy Plant in the UAE has achieved 50% of its electricity production capacity, said Nawah Energy Company, the joint venture nuclear operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (Kepco). The milestone was announced on the sidelines of the 64th Annual

ANEEL: thorium-based reactor fuel could support a new wave of nuclear power- oil and gas 360

ANEEL: thorium-based reactor fuel could support a new wave of nuclear power

Forbes For decades, nuclear engineers have dreamt up new formulas, shapes and sizes for the radioactive fuel that powers the reactors of the world’s nuclear power plants (our greatest source of zer0-carbon electric power). Today most of what’s used for reactor fuel is enriched uranium. In the future, fuel compositions could shift toward the very promising element thorium. A potential

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

Fossil fuels account for the largest share of U.S. energy production and consumption

EIA Fossil fuels, or energy sources formed in the Earth’s crust from decayed organic material, including petroleum, natural gas, and coal, continue to account for the largest share of energy production and consumption in the United States. In 2019, 80% of domestic energy production was from fossil fuels, and 80% of domestic energy consumption originated from fossil fuels. The U.S.