Excitement Building as Westinghouse CEO Visits Site of Poland’s First Nuclear Power Plant

Westinghouse President and CEO Patrick Fragman visited Poland last week and the site of the country’s first nuclear power plant to see the progress of preliminary work along the Baltic Sea. He also met with Polish President Andrzej Duda, U.S. Ambassador Mark Brzezinski and many other leaders on the heels of the government’s new commitment …

Philippines Seeks to Have Nuclear Plants in Operation by 2032

The Philippines aims to have its first nuclear power plant by 2032, joining Asian counterparts in turning to the emissions-free power source for its booming electricity needs. The government will prioritize legislation focused on nuclear safety, and ensure that legal and regulatory frameworks are in place to safeguard public health, environmental protection and national security, …

US increases import tariffs as domestic uranium production grows

US uranium production continues to grow, with 2024’s year-to-date production already more than triple that recorded for the whole of 2023, according to the latest figures from the US Energy Information Administration (EIA). Meanwhile, as press reports suggest US concern that its ban on Russian uranium might be being circumvented, the Office of the United …

CGN pursues green vision through tech innovation

China General Nuclear Power Group is a world-leading clean energy supplier and service provider. In the three decades since its founding, CGN has produced over 2,900 TWh of clean energy power, making a significant contribution to China’s progress toward carbon neutrality. In the nuclear power sector, CGN showcases robust capabilities. Currently, CGN operates 28 nuclear …

Google Could Use Small Nuclear Reactors to Power Data Centers

Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University in Pittsburgh said small modular nuclear reactors (SMRs) could possibly be used to generate the needed electricity. Pichai …

Poland injects 60 billion zloty into its first nuclear power plant

Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities. The Polish government’s decision to invest 60 billion zloty in the construction of its first nuclear power plant marks a decisive milestone in the country’s energy strategy. The project is …

How Pennsylvania Is Fostering A Nuclear Renaissance in the Making

The first large-scale nuclear power plant in the world began operating in Shippingport, Pennsylvania, on December 2, 1957—15 years after Enrico Fermi demonstrated the first sustained nuclear reaction. The Duquesne Light Company of Pittsburgh built and operated the Shippingport Atomic Power Station on a site it owned on the Ohio River until the power plant …

T.DML Announces Option of Non-Core Exploration Projects to Foremost for up to $30 Million in Combined Consideration

Denison Mines Corp. (“Denison” or the “Company“) (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the “Option Agreement“) with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd (“Foremost“) (NASDAQ: FMST) (CSE: FAT), which grants Foremost an option to acquire up to 70% of Denison’s interest in 10 …

A Rising Mass Of Support Could Lead To A U.S. Nuclear Renaissance

A group of the world’s biggest banks said Monday they will increase support for the expansion of nuclear power, according to the Financial Times. The banks, including Barclay’s, Bank of America, Citi, Morgan Stanley, BNP Paribas, and Goldman Sachs will make the formal announcement later Monday at an event with White House climate policy advisor John …

World Bank urged to finance nuclear projects once more

The industry associations representing the global nuclear industry are calling on multilateral development banks, such as the World Bank, to include nuclear energy in their investment portfolios as part of efforts to accelerate the deployment of new nuclear projects to help address the climate crisis. In a communiqué issued to mark the Government-Industry ‘Roadmaps to …