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Nuclear Energy

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  • *Areva reprocessing sales shrink further post Fukushima. BEAUMONT- HAGUE, France, May 6- Areva's nuclear fuel reprocessing plant in La Hague needs to cut costs as its international customers disappear following the Fukushima disaster, and its sole remaining big customer, fellow state-owned French utility EDF, pressures it to cut prices. Areva said in January it...

  • Commodities tomorrow: Crude grinds higher   Tuesday, 5 May 2015 | 4:00 PM ET
    Commodities tomorrow: Crude grinds higher

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude crossed and closed over $60 today.

  • Commodities tomorrow: Gas up to $2.52   Monday, 4 May 2015 | 4:00 PM ET
    Commodities tomorrow: Gas up to $2.52

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed around $59. Meanwhile, gas prices continue to climb, hitting an average of $2.52/gallon.

  • May 1- The U.S. Nuclear Regulatory Commission said on Thursday it will issue a license soon to DTE Energy Co to build a new reactor at its Fermi nuclear power plant in Michigan. DTE proposed a 1,600- megawatt Economic Simplified Boiling Water Reactor built by General Electric Co and Hitachi Ltd. The license would be the first for an ESBWR reactor.

  • Talks between six major powers and Tehran are approaching the final stages after they hammered out a preliminary agreement on April 2, with Iran committing to reduce the number of centrifuges it operates and to other long-term nuclear limitations. Iran, which is has been under sanctions for years, has a long history of illicit nuclear procurement using front...

  • Commodities tomorrow: Crude closes in on $60   Thursday, 30 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude closes in on $60

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up again today. Traders say oil seems to be stabilizing around $60, and could hit $70 by the end of the year.

  • HELSINKI— Finnish utility Fennovoima said Thursday it has awarded the main contract for constructing a nuclear plant in Finland to the Russian company Titan-2. European sanctions against Moscow for backing Ukrainian rebels does not apply to Finland's cooperation with Rosatom, whose involvement in the 1,200- megawatt plant was approved in early 2013...

  • Talks between six major powers and Tehran are approaching the final stages after they hammered out a preliminary agreement on April 2, with Iran committing to reduce the number of centrifuges it operates and other long-term nuclear limitations. "The UK government informed the Panel on 20 April 2015 that it' is aware of an active Iranian nuclear procurement...

  • Commodities tomorrow: Oil hits high for year   Wednesday, 29 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Oil hits high for year

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude hit its highest level this year as inventories were a little less than expected. Cushing stocks were down as well.

  • Slovak government plans to buy major power producer Wednesday, 29 Apr 2015 | 6:01 AM ET

    Italian energy company Enel owns a 66 percent stake in Slovenske elektrarne and is trying to sell its share. After meeting Enel Chief Executive Francesco Starace on Wednesday, Robert Fico said Enel must remain responsible as a part of a possible deal for the completion of two nuclear units it is building at the Mochovce nuclear power plant.

  • Commodities tomorrow: Oil mostly flat on day   Tuesday, 28 Apr 2015 | 3:54 PM ET
    Commodities tomorrow: Oil mostly flat on day

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was slightly higher on the day. Traders are looking to tomorrow's inventory report, particularly the production numbers.

  • April 28- The following table lays out forecasts for the cost of electricity generation in Japan in 2030, broken down by fuel type, outlined on Monday by the Ministry of Economy, Trade and Industry. Japan is still trying to work out its basic electricity mix four years after the meltdowns at the Fukushima Daiichi nuclear plant threw the country's energy policy...

  • Commodities tomorrow: Gas likely to go higher   Monday, 27 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Gas likely to go higher

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude ended the day down a bit, but the losses weren't as big as traders expected.

  • PARIS, April 27- The next generation of nuclear reactors being developed in countries such as France, Russia, China and Japan may not be safer than those being built today, French nuclear safety watchdog IRSN said on Monday. In a study of six future reactor designs being worked on by the U.S.-led " Generation IV International Forum", the IRSN said only the...

  • Is solar power the new shale oil? Sunday, 26 Apr 2015 | 8:14 PM ET
    A worker cleans the panels in a solar power park run by the Costa Rican Electricity Institute (ICE) as the power company has managed to produce all of the electricity for the nation from renewable energy sources for more than 80 days straight on March 26, 2015 in Guanacaste, Costa Rica.

    With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming the alternative in Japan.

  • Why Japan must rethink its nuclear plan   Sunday, 26 Apr 2015 | 6:45 PM ET
    Why Japan must rethink its nuclear plan

    James Brown, Assistant Professor at Temple University Japan, warns that the government's plan to restart nuclear plants is premature seeing as the public remains concerned about safety.

  • TOKYO, April 24- Japan's government has proposed making nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy to account for slightly more, media reported on Friday. It will, however, mark a shift away from nuclear power, which contributed to about 30 percent of Japan's electricity supply before the...

  • Commodities tomorrow: Crude highest since December   Thursday, 23 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Crude highest since December

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Yemen helps push crude higher, and production in the US declined slightly.

  • Commodities tomorrow: Oil at its sweet spot?   Wednesday, 22 Apr 2015 | 4:00 PM ET
    Commodities tomorrow: Oil at its sweet spot?

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. WTI down after a larger-than-expected build. Traders think oil prices are in their sweet spot, she says.

  • SEOUL, April 22- South Korea and the United States reached a deal on Wednesday to revise a 40- year-old civil nuclear pact that gives the Asian country limited freedom to produce fuel for power generation but continues to curb its ability to reprocess spent fuel. The deal paves the way for South Korea to enrich uranium to produce non-weapons grade nuclear fuel...