Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

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Alternative Energy / Nuclear Power

  • This Key Uranium Player Is About to Shock The Market

    Things appeared to be stabilizing in the global uranium market the last several months. With prices for the metal settling into a comfortable groove between $36 and $44 per pound.But that peace could soon be shattered, according to reports from major nuclear player Japan yesterday.The Japan Times reported that the country's key nuclear operator Tokyo Electric Power Co. (Tepco) is preparing to sell part of its uranium stockpiles. With documents obtained from the utility suggesting that more than 750 tonnes of uranium could be sold over the coming months.Related: Does Nuclear Power Deserve Such A Bad Image?Tepco is considering the move…

  • Saudis Snub Obama Over Iran Deal

    The U.S. is seeking a rapprochement with Iran over its nuclear program, potentially ending several decades of hostility. But while the U.S. is extending an open hand to Iran, other countries in the Middle East are casting a wary eye towards the negotiations. In fact, it is starting to appear that Gulf Arab states could be a major impediment to a final agreement over Iran’s nuclear program. Led by Saudi Arabia, many of the oil-producing members of the Gulf Cooperation Council (GCC) are skeptical of, if not downright hostile towards Iran. With little trust between Iran and its Arab neighbors,…

  • Does Nuclear Power Deserve Such A Bad Image?

    Nuclear power plants seem to draw a special level of animosity even beyond that of conventional power sources that emit greenhouse gases. Perhaps because of the raw capabilities of the plants, nuclear power has been a hot button issue for decades. Today, as many of the U.S. and European nuclear power plants reach the thirty-year mark, there is a growing discussion about their overall safety. Unfortunately, much of that debate is misguided.The real issue for the viability of new nuclear power plants is whether or not it is cost effective. But given the relatively modest operational and decommissioning costs -…

  • Does Russia Really Own 20% Of The US’ Uranium Reserves?

    Yes, well, sort of – and they have for some time now. It’s relatively old news, but a recent Times report and an upcoming book from the Hoover Institute’s Peter Schweizer have refocused attention on a 2008 blockbuster uranium deal involving Russia, the United States, and a Canadian company Uranium One. Pushing connections and presidential candidacies aside – the Clintons’ complicity is still very much speculation at this point – lets return to the deal and take a look at the US nuclear industry and, globally, the rise of Rosatom.The saga begins in 2009 when, after roughly a year of…

  • Germany’s Nuclear Cutback Is Darkening European Skies

    Germany’s influence in Europe is unquestionable, but it appears that some of its neighbors may be adversely affected by recent German decisions; and Greece is not the neighbor in question here. France has been reporting heavy levels of air pollution which authorities in the country are blaming on diesel cars there. But the real culprit may in fact be the renewed German penchant for coal power.Up until a few years ago, Germany, along with France, was at the forefront of nuclear power use. But after the Fukushima disaster in Japan in 2011, the Germans were quick to begin phasing out…

  • Future Of Nuclear Industry Takes Yet Another Hit

    Despite the rough patch that the nuclear industry has experienced in recent years, its future remains bright, the industry insists. That is because the next generation of nuclear reactors will provide significant safety and economic benefits over current reactors.But what if the new designs are actually not all that much better than the current fleet?That is the provocative conclusion that France’s nuclear watchdog came to in a new report. Published on April 27, the IRSN said that the so-called “generation IV” reactors of the future may not be able to offer major upgrades in safety (most of the reactors running…

  • Health Risks From Fukushima Disaster Greatly Exaggerated

    The Fukushima disaster of 2011 was a defining moment for nuclear power. The mega-thrust earthquake and tsunami that damaged the Fukushima Daiichi nuclear power complex pummeled the price of uranium, turned uranium bulls into bears, and caused a major rethink of the safety of nuclear power for the first time since the Chernobyl incident 25 years earlier.Four years on, the site is a cleanup project of massive proportions, with an astounding 12,000 people a day working on the decontamination efforts, according to Japan's Environment Ministry.Decommissioning the plant is expected to cost tens of billions of dollars and last up to…

  • Russia To Power Arctic Drilling With Floating Nuclear Reactors

    It would sit in the icy waters of the Arctic, and provide a constant supply of electricity to a massive rig drilling for oil. They could be mass produced, potentially cutting the cost of drilling projects. The twist? The electricity on these floating power plants would come from a nuclear reactor.Russia is looking to deploy a floating nuclear reactor that could help power ports, industries, and also offshore oil and gas drilling in the Arctic. In what sounds like a horrible nightmare for environmentalists, floating nuclear reactors could help produce more oil in the Arctic.Russia’s reactor, called the Akademik Lomonosov,…

  • What Japan’s Nuclear Restart Could Mean For LNG Prices

    It has been a bumpy road, but Japan is closer than ever to seeing a return to nuclear power. Four years after Fukushima, Japan still has all of its nuclear reactors shut down. Prime Minister Shinzo Abe has pushed hard to allow some of the fifty-odd shuttered reactors to come back online, but has faced firm resistance from a nuclear-skeptical public. And a little over a week ago it appeared that Abe’s goal of bringing back some nuclear power would be put on ice. On April 14 a court blocked Kansai Electric Power’s plant to restart two reactors in Fukui…

  • Natgas Boom Undermining U.S. Nuclear Future

    America's nuclear power industry should be luxuriating in its extraordinary safety record and the fact that it is a carbon-free way to make electricity. But all is not well in atom land. In fact, things are dismal. Only five nuclear plants are under construction, and they are having birth pains as schedules slip and costs rise. One plant, Vermont Yankee, has been taken out of service and others are on a watch list. This is happening not because of safety or end-of-life, but because cheap natural gas is undermining the economics of nuclear. The market has spoken and it has…