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Versant Partners reported on the UK nuclear industry and the uranium sector.
Versant Partners reported on the UK nuclear industry and the uranium sector.
As quoted in the market news:
The United Kingdom’s Office for Nuclear Regulation has given Britain the green light for nuclear safety. The organization’s Chief Nuclear Inspector, Dr. Mike Weightman, “sees no reason to curtail the operation of power plants or other nuclear facilities in the UK”, in the wake of the powerful earthquake and subsequent tsunami which crippled the Japanese plants in March. Further noting that, “the [nuclear] industry has reacted responsibly and appropriately, displaying strong leadership for safety and safety culture.”
Weightman’s review highlights 38 areas he believes the UK can learn from the crisis in Japan. Some of the suggestions include the use of off-site infrastructure such as the electrical grid supply in extreme events, emergency-response arrangements, and layout of plant, risks associated with flooding, planning controls around nuclear facilities and prioritizing safety reviews.
Click here to read the full Versant Partners report.