格隆汇11月20日｜Oklo涨5.3%，纳米核能涨6.8%，纽斯卡尔电力涨8.7%。 ...

每经AI快讯，11月20日，美股核电股盘前普涨。Oklo涨5.3%，纳米核能涨6.8%，纽斯卡尔电力涨 8.7%。 ...

Core Viewpoint - Japan is expected to approve the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest in the country, with only one of its seven reactors set to resume operation [1] Group 1: Nuclear Power Plant Status - The Kashiwazaki-Kariwa nuclear power plant is located in Niigata Prefecture and has a total installed capacity of 8,212 megawatts, making it one of the largest nuclear power plants in the world by net electricity generation [1] - Since the Fukushima Daiichi nuclear disaster in 2011, all nuclear power plants in Japan were ordered to shut down, with 14 reactors having resumed operation mainly in western and southern Japan [1] Group 2: Regulatory and Safety Aspects - The No. 7 reactor of the Kashiwazaki-Kariwa plant was initially approved for restart by the Nuclear Regulation Authority in 2017 but faced delays due to safety concerns and was prohibited from restarting until the ban was lifted in December 2023 after passing inspections [1]

Core Viewpoint - Egypt has signed a nuclear fuel procurement and comprehensive cooperation agreement with Russia's State Atomic Energy Corporation for the Dabaa Nuclear Power Plant, marking a significant step in Egypt's first nuclear power project [1] Group 1: Agreement Details - The procurement agreement will supply nuclear fuel for the reactor of the first unit of the Dabaa Nuclear Power Plant [1] - The comprehensive cooperation agreement involves collaboration in various fields, including nuclear power and the production of medical radioactive isotopes [1] Group 2: Project Background - The Dabaa Nuclear Power Plant is located in the Matrouh province of Egypt, along the Mediterranean coast, and is the country's first nuclear power project [1] - Russia and Egypt signed a contract in 2017 for the construction of all four nuclear units of the Dabaa Nuclear Power Plant [1] - Construction of the first and second units began in July and November 2022, respectively, while the third unit started in May 2023, and the fourth unit is scheduled to start in January 2024 [1] Group 3: Technical Specifications - All four units will utilize Russia's VVER-1200 reactors, with a total installed capacity of nearly 4.8 gigawatts [1] - Russia is providing 85% of the funding for the Dabaa Nuclear Power Plant project through a 22-year loan, with Egypt covering the remaining portion [1]

Core Viewpoint - Japan is expected to approve the restart of its largest nuclear power plant, the Kashiwazaki-Kariwa Nuclear Power Plant, this week, with only one of its seven reactors set to resume operation [1]. Summary by Sections Nuclear Power Plant Restart - The Kashiwazaki-Kariwa Nuclear Power Plant, located in Niigata Prefecture, has an installed capacity of 8,212 megawatts, making it one of the largest nuclear power plants in the world [1]. - Following the Fukushima Daiichi nuclear disaster in 2011, all nuclear power plants in Japan were ordered to shut down. As of now, 14 nuclear units have resumed operation, primarily in western and southern Japan [1]. - The No. 7 reactor of the Kashiwazaki-Kariwa plant is crucial for supplying electricity to the Tokyo metropolitan area. It passed safety inspections by the Nuclear Regulation Authority in 2017 but faced delays in restarting due to safety concerns until the ban was lifted in December 2023 [1].

Investment Rating - The report recommends a positive investment outlook for the nuclear power industry, indicating a recovery in global nuclear power and an upward trend in uranium prices [1]. Core Insights - Nuclear power technology is continuously upgrading, providing a clean and efficient energy solution. The electrification process and the demand for high-quality electricity driven by AI are reinforcing the strategic position of nuclear power [1][7]. - The global nuclear power sector is experiencing a revival, with increasing uranium demand anticipated due to renewed interest in nuclear energy following geopolitical tensions and the need for energy independence in Europe [7][24]. - Supply constraints are evident, with short-term increases in uranium supply relying on the resumption of production from idled mines. A significant supply gap may emerge around 2030 if new projects do not come online [7][55]. - The report predicts a sustained upward trend in uranium prices, supported by a historical supply-demand gap and recent adjustments in production by leading suppliers [7][68]. Summary by Sections 1. Clean and Efficient Energy Source - Nuclear power primarily relies on fission reactions using U235 as fuel, generating significant energy compared to traditional sources [11]. - Current commercial nuclear projects are mostly based on second and third-generation technologies, with ongoing advancements towards fourth-generation designs [7][16]. 2. Global Nuclear Revival and Growing Uranium Demand - The global nuclear power capacity is approximately 397 GW, with 72 GW under construction. Projections suggest that by 2040, capacities could reach between 552 GW and 966 GW depending on various scenarios [24][53]. - The demand for uranium is expected to increase by 118% by 2040, driven by the resurgence of nuclear power and the need for stable energy sources amid rising electricity consumption from AI technologies [7][53]. 3. Supply-Demand Gap and Rising Uranium Prices - The report highlights that the uranium supply is primarily dependent on newly mined resources, with a significant portion of the current supply coming from existing stockpiles [55]. - The cumulative supply-demand gap from 2015 to 2024 is estimated at around 100,000 tons, with uranium prices rising from approximately $20 per pound in 2016 to around $80 per pound currently [68]. - Future projections indicate that if production does not meet demand, uranium prices are likely to continue their upward trajectory, supported by strategic resource management and market dynamics [68].

Core Viewpoint - Japan is expected to approve the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest in the country, with only one of its seven reactors set to resume operation [1] Group 1: Nuclear Power Plant Status - The Kashiwazaki-Kariwa nuclear power plant is located in Niigata Prefecture and has a total installed capacity of 8,212 megawatts, making it one of the largest nuclear power plants in the world by net electricity generation [1] - Since the Fukushima Daiichi nuclear disaster in 2011, all nuclear power plants in Japan were ordered to shut down, with 14 reactors having resumed operation as of now, primarily in western and southern Japan [1] Group 2: Regulatory and Safety Aspects - The Kashiwazaki-Kariwa plant has faced regulatory challenges, including a ban on restarting due to safety violations, but it passed safety inspections in December 2023, leading to the lifting of the restart ban [1] - The No. 7 reactor of the plant is significant for supplying power to the Tokyo metropolitan area and had previously passed safety reviews by the Nuclear Regulation Authority in 2017 [1]

Industry Updates - As of October 2025, the total number of electric vehicle charging facilities in China reached 1,864.5 thousand, a year-on-year increase of 54.0%. Public charging facilities accounted for 453.3 thousand, growing by 39.5%, while private charging facilities reached 1,411.2 thousand, increasing by 59.4% [2] - The first high-pressure natural gas long-distance pipeline pressure recovery power generation project in China has officially commenced operations, marking a breakthrough in the comprehensive utilization of energy in long-distance pipelines [3] - The "Shan Electric into Anhui" ultra-high voltage project has completed the full line in Anhui, with a total length of 323 kilometers and 672 towers constructed, indicating significant progress in the "West-to-East Power Transmission" project [3] - The carbon lithium futures price has surpassed 100,000 yuan per ton, reaching a new high since June 2024, with an intraday increase of over 5% [4] - The first 220 kV substation in the Xiong'an New Area has been put into operation, enhancing the reliability of the power supply and supporting the high-quality development of the area [6] - Germany's natural gas storage capacity is currently at 75%, falling short of expectations, as it was anticipated to reach 81% at the beginning of the heating season [8] - The second phase of the Zhejiang San'ao nuclear power project has officially begun construction, with the first concrete pour for Unit 3 marking the start of the main project [9]

根据合同，西门子能源将为一款凝汽式 SST-600 型蒸汽轮机、一台 SGen-100A 工业发电机以及相关辅 助设备开展详细的设计和布局工作，以支持Oklo的第一座先进反应堆——位于Idaho National Laboratory 的Aurora发电站。 （原标题：Oklo(OKLO)与西门子能源签署电力转换系统设计协议 加速其首座核电站建设） 电力转换系统是启动Oklo水电站电力运行所必需的一项重要长期采购项目。主要的采购领域包括燃料、 场地以及电厂的电力转换系统。Oklo表示，由于Oklo-Idaho National Laboratory已分配了燃料材料和场 地，因此该电力转换系统的合同有助于降低供应链和生产时间表方面的风险，并展示了切实的执行能 力。 智通财经APP获悉，截至发稿，Oklo(OKLO.US)周三盘前股价上涨6%。此前该公司表示已与西门子能 源签署了一份具有约束力的合同，将为Oklo的Aurora发电站设计并交付电力转换系统。该协议授权西门 子能源着手开展工程和设计工作，以加快长周期部件的采购，并启动电力转换系统的制造流程。 ...

Core Insights - The Shandong Zhaoyuan Nuclear Power Project's Unit 1, featuring the first "Hualong One" reactor with a cooling tower, has commenced construction, marking a significant milestone in China's nuclear power development [1][2] - The project is expected to generate an annual electricity output of 50 billion kilowatt-hours, sufficient to meet the needs of approximately 5 million people, while significantly reducing coal consumption and carbon emissions [1] Group 1: Project Overview - The Shandong Zhaoyuan Nuclear Power Project is located in Yantai, Shandong, and is the tenth nuclear power base established by China General Nuclear Power Group (CGN) nationwide, with plans for six "Hualong One" reactors [1] - The cooling tower, standing at 203 meters with a water collection area of 16,800 square meters, utilizes secondary cooling technology for the first time in a "Hualong One" unit, enhancing cooling efficiency and reducing energy consumption [2] Group 2: Technological Innovations - The project incorporates a dual cooling system combining natural and mechanical ventilation, ensuring continuous operation of the reactor for at least two hours without external water supply, thus enhancing safety [2] - Advanced construction techniques, including modular construction and automated processes, are being employed to improve construction efficiency and quality [3][5] Group 3: Environmental and Community Impact - The project aims to integrate nuclear energy into the clean heating network of the Jiaodong Peninsula, providing significant heating capacity and contributing to regional ecological improvements [5] - Each unit can supply up to 1,000 tons of steam per hour, covering over 15 million square meters for heating, which will benefit Zhaoyuan and surrounding areas [5]