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Canada’s Cameco has announced that acquisition of?Westinghouse Electric Company in a strategic partnership with Brookfield Asset Management alongside Brookfield Renewable Partners and institutional partners has been completed. Cameco now owns a 49% interest and Brookfield a 51% in Westinghouse.

Source: NEI Magazine
Date: Wednesday, 15 November 2023
Original article: neimagazine.com/news/newscameco-and-brookfield-complete-acquisition-of-westinghouse-11297387

The agreement by Canada, France, Japan, the UK and USA to leverage their civil nuclear power sectors to ensure a stable supply of nuclear fuel for existing and future reactors came as G7 climate, energy and environment ministers concluded a two-day meeting with a promise to accelerate the phase-out of fossil fuels.

Source: World Nuclear News
Date: Tuesday, 18 April 2023
Original article: world-nuclear-news.org/Articles/Five-G7-countries-in-nuclear-fuel-agreement

Policymakers and businesses alike need to take a calm, rational and pragmatic approach to ensure security of energy supply, according to panellists at World Nuclear Fuel Cycle 2022.

Source: World Nuclear News
Date: Friday, 29 April 2022
Original article: world-nuclear-news.org/Articles/Calm-approach-the-right-strategy-for-energy-securi

Romania is committed to the safe and sustainable management of radioactive waste, a team of experts from the International Atomic Energy Agency (IAEA) has concluded. It noted opportunities for improving implementation including preparations for further disposal facilities for radioactive waste from nuclear fuel cycle activities.

Source: World Nuclear News
Date: Thursday, 07 April 2022
Original article: world-nuclear-news.org/Articles/IAEA-sees-Romanian-commitment-to-safe-radwaste-man

The European Union wants to encourage investment in "sustainable" activities to help it get to net-zero by 2050.

Source: World Nuclear News
Date: Friday, 11 February 2022
Original article: world-nuclear-news.org/Articles/A-guide-to-the-EUs-green-taxonomy-and-nuclears-pla

Brussels-based industry group responds to leaked draft of European commission proposals Nuclear power has been “clearly recognised” as a technology which contributes to climate mitigation objectives and it should be treated in the European Union’s planned taxonomy rules on an equal footing with renewable energy sources, the Brussels-based nuclear industry association Foratom has said.

According to a leaked draft of the bloc’s taxonomy proposals, nuclear will be treated differently to renewables, as a transitional activity, Foratom said. Furthermore, “sunset clauses”, so-called because they have time limits, have been introduced for existing plants and new build projects. Foratom said in a statement on Tuesday: “We do not believe this is the right approach.”

The sunset clauses say that to be taxonomy compliant, nuclear new build projects must receive a construction permit by 2045. For lifetime extensions, the extension must be authorised by the member state by 2040.

Renewables do not have to meet any similar clauses, nor do they have to meet other rules applied to “transitional” nuclear. Those rules include that nuclear does not hamper the development and deployment of low-carbon alternatives and does not lead to a “lock-in” of carbon-intensive assets. Lock-in occurs when carbon intensive systems perpetuate, delay or prevent the transition to low-carbon alternatives.

Source: Nucnet
Date: Wednesday, 12 January 2022
Original article: nucnet.org/news/foratom-calls-for-nuclear-to-be-put-on-equal-footing-with-renewables-1-2-2022

The European Commission (EC) has drawn up a draft plan to label some natural gas and nuclear energy projects as "green" investments provided they satisfy certain conditions. This follows a year of discussion, debate a lobbying from countries in favour of and against the move. The draft was made public by Euractiv.

Source: NEI Magazine
Date: Wednesday, 05 January 2022
Original article: neimagazine.com/news/newseu-draft-taxonomy-includes-nuclear-and-gas-9360630

Orano group on 1 October confirmed the acquisition by Orano Nuclear Packages and Services (Orano NPS) of Daher group’s German nuclear activities – Daher Nuclear Technologies Gmbh (DNT) – and its United States subsidiary TLI.

Source: NEI Magazine
Date: Tuesday, 05 October 2021
Original article: neimagazine.com/news/newsorano-acquires-dahers-nuclear-activities-9128927

Jacques Peythieu, Chief Executive Officer of Orano Conversion & Enrichment, discusses the company's recovery from the impacts of the pandemic and industrial action, 2020 results, production ramp up at its Philippe Coste plant in France, and possible transformation of the conversion market due to the recently announced restart of Honeywell's conversion plant at Metropolis in the USA. He also assesses the prospects of enrichment market and the expected requirements for HALEU (high-assay low-enriched uranium), as well as potential hurdles to supply capabilities or to transportation of this material. A multinational nuclear fuel cycle company headquartered in Hauts-de-Seine, France, Orano has an order book worth EUR26 billion (USD31 billion).

Source: World Nuclear News
Date: Wednesday, 01 September 2021
Original article: world-nuclear-news.org/Articles/Q-A-Orano-Conversion-Enrichment-CEO-Jacques-Peythi

Iran’s Foreign Ministry Spokesman Saeed Khatibzadeh said on 18 August that Iran’s nuclear programme and activities were fully in line with the nuclear Non-Proliferation Treaty (NPT) and its Safeguards commitments. Khatibzadeh noted in a statement that the International Atomic Energy Agency (IAEA) has been supervising Iran’s nuclear activities and that Tehran had notified the IAEA of its measures in advance.

Source: NEI Magazine
Date: Friday, 20 August 2021
Original article: neimagazine.com/news/newsiran-says-nuclear-developments-do-not-violate-npt-or-safeguards-commitments-9012352

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