Skip to main content

From the NEI Clip File

Here are some of the news clips we're reading at NEI today. The United States' newly strengthened relationship with India is making waves in the global community. The Boston Globe reports that the United States has pledged to assist the nuclear power in meeting its energy needs:
The Bush administration yesterday reversed a longstanding policy and pledged to provide India with civilian nuclear energy technology, a clear sign of the emerging alliance between the two nations after decades of acrimony over India's Cold War legacy as a leader of the Nonaligned Movement.

India got what it has wanted most in recent years from the United States: promises of nuclear reactors and nuclear fuel to meet its ballooning energy needs. In return, India pledged to ''assume the same responsibilities and practices" as other countries with advanced nuclear technology, including separating its civilian and weapons facilities and programs.
A recent analysis by Planet Ark reports that Uranium prices are soaring, and that investors are taking notice.
Prices of uranium, the fuel used in most of the world's nuclear power plants, have tripled in the last five years to record levels due to years of under-investment in the supply chain, traders and analysts said.

Soaring oil prices and international attempts to reduce greenhouse gas emissions have thrown the spotlight back onto nuclear energy after many years of disfavour.

European manufacturers are looking at nuclear energy to secure long-term power prices, with Alcan considering building a plant to feed its aluminium smelting capacity in France and construction of a reactor in Finland is already under way to supply the paper and pulp industry.

China plans to build 30 new reactors by 2020 and the United States, Britain, South Korea, Russia, Ukraine, India and Chile also looking at reactor programs.

Spot uranium is trading at $29.50/lb according to the Ux Consulting (UxC) website, a leading publisher of uranium prices and price forecasts, against $8-10/lb three or four years ago.
Come back tomorrow for more news from the NEI Clip File.

Technorati tags: , , , , ,

Comments

Popular posts from this blog

Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?

A Design Team Pictures the Future of Nuclear Energy

For more than 100 years, the shape and location of human settlements has been defined in large part by energy and water. Cities grew up near natural resources like hydropower, and near water for agricultural, industrial and household use.

So what would the world look like with a new generation of small nuclear reactors that could provide abundant, clean energy for electricity, water pumping and desalination and industrial processes?

Hard to say with precision, but Third Way, the non-partisan think tank, asked the design team at the Washington, D.C. office of Gensler & Associates, an architecture and interior design firm that specializes in sustainable projects like a complex that houses the NFL’s Dallas Cowboys. The talented designers saw a blooming desert and a cozy arctic village, an old urban mill re-purposed as an energy producer, a data center that integrates solar panels on its sprawling flat roofs, a naval base and a humming transit hub.

In the converted mill, high temperat…

Seeing the Light on Nuclear Energy

If you think that there is plenty of electricity, that the air is clean enough and that nuclear power is a just one among many options for meeting human needs, then you are probably over-focused on the United States or Western Europe. Even then, you’d be wrong.

That’s the idea at the heart of a new book, “Seeing the Light: The Case for Nuclear Power in the 21st Century,” by Scott L. Montgomery, a geoscientist and energy expert, and Thomas Graham Jr., a retired ambassador and arms control expert.


Billions of people live in energy poverty, they write, and even those who don’t, those who live in places where there is always an electric outlet or a light switch handy, we need to unmake the last 200 years of energy history, and move to non-carbon sources. Energy is integral to our lives but the authors cite a World Health Organization estimate that more than 6.5 million people die each year from air pollution.  In addition, they say, the global climate is heading for ruinous instability. E…