Nuclear Energy
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TOKYO, April 5- The operator of Japan's Fukushima Daiichi nuclear power plant said on Friday it lost the ability to cool radioactive fuel rods in one of the plant's crippled reactors for about three hours earlier in the day.
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TOKYO, April 5- The operator of Japan's Fukushima Daiichi nuclear power plant said on Friday it lost the ability to cool radioactive fuel rods in one of the plant's crippled reactors for about three hours earlier in the day.
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CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Moves by the Bank of Japan sent the dollar higher and oil lower, but nat gas inventory draw downs pushed natural gas higher.
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WASHINGTON-- North Korea has already begun construction at a shuttered plutonium reactor that it is vowing to restart and it could be back in operation sooner than expected, a U.S. research institute said Wednesday.
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U.S. oil prices posted the biggest one-day slide of the year in the midst of a broad commodities sell off. Natural gas prices also declined ahead of data on U.S. storage levels, due out tomorrow. CNBC's Sharon Epperson on what traders will be watching in the coming session.
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Joseph Cheng, Chair Professor at City University of Hong Kong says Kim Jong-Un's regime probably thinks the best way to strengthen North Korea's security is to complete the nuclear weapons program, noting it would provide a valuable bargaining chip for diplomatic recognition.
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Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets says North Korea restarting the uranium enrichment plant could lead to collaboration with Iran.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The national average price of regular gasoline was $3.63/gallon Monday, according to AAA. That's 13 cents lower than the average price on March 1 and 30 cents cheaper than April 1, 2012.
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*Order book down 2 bln euros to 18 bln euros. Japan's 50 reactors used just over 10 percent of the world's enriched uranium before the 2011 Fukushima disaster, but with all but two reactors offline, there is now overcapacity in the nuclear fuel industry.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Natural gas has more than doubled since April of last year and is at a 19-month high, she reports. Tomorrow's report could show a draw down of 83-87bcf, which would likely drive prices higher.
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*Coming up: EIA natgas storage data, Baker Hughes rig data Thursday.
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FRANKFURT/ AMSTERDAM, March 27- Dutch nuclear reactor Borssele has been given permission to operate up to 2033, though the approval can still be contested, Dutch and German stakeholders said on Wednesday. Started in 1973, the 500 megawatt plant is one of the oldest reactors in Europe.
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NEW YORK, March 27- U.S. natural gas futures edged higher on Wednesday for a second straight day, with chilly weather forecasts for the next week or more driving the new front-month May contract to its highest mark in more than 18 months.
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CARLTON, Wis.-- Layoffs from the shutdown of Dominion Resources Inc.' s Kewaunee Power Station in eastern Wisconsin are scheduled to start at the end of May. The Wisconsin Department of Workforce Development says it received notice that a series of layoffs at the nuclear plant will begin May 31.
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LONDON, March 27- EDF Energy took offline its 640 megawatt Torness 2 nuclear reactor in Scotland following an unplanned outage, the operator said on Tuesday.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
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French firm EDF and Japan's Hitachi both have plans to build in Britain, which needs to replace ageing coal-fired and nuclear sites. It comes in response to a 2011 report from the House of Lords on the UK's nuclear research and development capabilities and recommendations from the Nuclear Research and Development Advisory Board.