Uranium prices since January 1, 2024. (Data source: TradingEconomics.com)
Uranium prices were about $79.60 per pound as of the close of business on September 3, which put prices near their lowest level since November 2023, according to the website Trading Economics. Since the beginning of 2024, uranium prices have decreased $11.40/lb, or 12.53 percent, based on trading on a contract for difference (CFD) that tracks the benchmark market.
The Memorial Belltower at NC State in Raleigh. (Photo: NC State)
North Carolina State University is hosting the inaugural Future Leaders in Nuclear: Undergraduate Symposium in early October at its campus in Raleigh. The event for rising juniors and seniors in nuclear engineering or related science and engineering fields will give attendees the opportunity to present their research.
High school students Madison Henley of Detroit, Mich. (left) and Simon Fadare of Atlanta, Ga., work on a project to imagine and build a future nuclear energy device. (Photo: Brenda Ahearn/Michigan Engineering)
The first Harper Academy 4 Future Nuclear Engineers was held recently at the University of Michigan. The four-week program provided eight rising high school seniors with classes in nuclear engineering fundamentals, mathematics, technical skills, design, community engagement, and college preparation. While taking the course, the students stayed at Bursley Hall on the university’s Ann Arbor campus.
Photo: The Schwarzenegger Climate Initiative
Actor and politician Arnold Schwarzenegger recently criticized Germany for shutting down its remaining nuclear power plants last year. Speaking in June in his native Austria at the 2024 Austrian World Summit, a climate conference held in Vienna, Schwarzenegger noted the contradiction of the German government’s stated goal of cutting carbon emissions while simultaneously eliminating the clean-energy source of nuclear power.
Rafael Mariano Grossi, director general of the International Atomic Energy Agency. (Photo: IAEA)
The peaceful uses of nuclear science and technology today hold more promise to heal the world since Austrian Swedish physicist Lise Meitner and her colleagues discovered nuclear fission in 1938, said Rafael Mariano Grossi, director general of the International Atomic Energy Agency, in a new essay titled “Nuclear Must Be Part of The Solution” published by the magazine Foreign Affairs.
Jenifer Shafer during her TEDx talk on nuclear energy. (Screen capture: YouTube)
Jenifer Shafer, the associate director for technology at the Advanced Research Projects Agency–Energy (ARPA-E), recently delivered a TEDx talk in which she explained the basic concepts of nuclear waste recycling, including related nonproliferation issues. As Shafer wrote in a post on LinkedIn, “In my talk, I explored the misconceptions surrounding nuclear waste and discuss[ed] the possible emerging opportunities regarding nuclear fuel recycling. It’s crucial that we understand the real potential of nuclear energy, and leveraging our ‘nuclear treasure,’ in shaping a sustainable future.”
Average electricity price and the impact of the European electricity crisis. (a) and (b) The colormap shows the average day-ahead spot market price for each bidding zone before and during the European electricity crisis. (c) The colormap shows the ratio of the average price during and before the crisis. In some bidding zones, the prices increase up to a factor of almost six. (Image: AIP)
A statistical analysis of the factors behind the 2021–22 energy crisis in Europe is the subject of the article “Patterns and correlations in European electricity prices,” published in the journal Chaos: An Interdisciplinary Journal of Nonlinear Science. The study—conducted by researchers at the Institute for Energy and Climate Research at Forschungszentrum Jülich and the University of Cologne, both in Germany, and the Norwegian University of Life Sciences—describes reasons for the surge in energy prices that go beyond the commonly cited cause of Russia’s invasion of Ukraine.
Nuclear power plants in operation or under construction as of May 2024. (Source: IAEA)
The recent article “How Innovative Is China in Nuclear Power?” published by the Information Technology and Innovation Foundation (ITIF) describes how China has become the world’s leading proponent of nuclear energy. The reason, the article maintains, is because its nuclear industry has been “supported by a whole-of-government strategy that provides extensive financing and systemic coordination.”
Image: Kyle Palmer and Michael Livingston/PPPL Communications Department
A screenshot from a DOE video showing the eight Ukrainian students from the department’s internship program at Argonne National Laboratory, along with one of their tour guides (second from left). (Image: DOE)
Eight graduate students from Ukrainian universities have completed a two-year Department of Energy internship program that included a visit to Argonne National Laboratory.
Framatome’s spray liner rehabilitates buried piping and underground components. (Photo: Framatome)
Framatome was recently awarded a multimillion-dollar contract to perform mitigation of buried condenser feed pipes at a three-unit nuclear power plant in the United States.
The France-based nuclear company plans to install spray-in-place structural pipe liner to mitigate more than one mile of large diameter underground piping connected to plant condenser boxes. The project will be performed during nine outages over eight years, with the first application planned for fall 2025.