In what is considered to be the world's first land-based small modular reactor of modern design, the plant features two high temperature gas-cooled demonstration reactors that drive a single 210 MWe turbine.Ĭhina National Nuclear Corporation (CNNC) reported that Fuqing unit 6, a 1,100 MWe Chinese-designed HPR1000 reactor, located in Fujian province, southeastern China, was connected to the national grid on 01 January 2022.ĬNNC and China Huaneng Group announced that first concrete was poured for the 1,100 MWe HPR1000 PWR at Changjiang unit 4 in Hainan province.Ĭhina General Nuclear Power Group (CGN) announced that construction of its 1,100 MWe HPR1000 PWR at San'ao unit 2 began in December 2021, in Zhejiang Province. Unit 1 of the Shidao-Bay power plant located in the eastern China province of Shandong, was successfully connected to the grid. Labeling nuclear as a "climate friendly investment" within the Taxonomy could drive an increase in new builds and life extensions for existing reactors across Europe.ĭuring the fourth quarter, nuclear industry demand-side highlights included: Specific to the nuclear industry in the latest draft, the requirements for nuclear energy's inclusion into the "green deal" includes the use of "best available technology", reinforced safety and security measures to protect against external hazards, as well as solid waste management and decommissioning provisions. It will then be sent to the European Parliament and the European Council, which will have up to six months to review the document. The Commission will analyze the contributions of these groups and formally adopt the complementary Delegated Act in January 2022.
In another notable development, the European Commission completed a draft of the EU green finance Taxonomy, and began formal consultation with the Platform on Sustainable Finance and the Member States Expert Group on Sustainable Finance, for all Delegated Acts under the Taxonomy Regulation that cover certain gas and nuclear activities. In a key outcome of COP26, nations were called upon to accelerate the development, deployment and dissemination of technologies, as well as the adoption of policies, that will drive a transition towards low-emission energy systems, including the rapid scaling-up of clean power generation and enhanced energy efficiency measures. The agreement recognizes the need to take actions through significant, rapid and sustained reductions in global greenhouse gas emissions, including reducing global carbon dioxide emissions by 45% by 2030 relative to 2010 levels, with a further push to net zero emissions around mid-century.
The 2021 United Nations Climate Change Conference (COP26), held in November 2021 in Glasgow, Scotland, UK, resulted in the adoption of an agreement referred to as the Glasgow Climate Pact.
#Kap stock uranium update
The information contained in this Operations and Trading Update may be subject to change.
This update provides a summary of recent developments in the uranium industry, as well as provisional information related to the Company's key fourth-quarter and 2021 operating and trading results, and 2022 non-financial guidance.
JSC National Atomic Company "Kazatomprom" ("Kazatomprom", "KAP" or "the Company") announces the following operations and trading update for the fourth quarter and year ended 31 December 2021.
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