As many as 1,000 jobs could be created at the Paks II nuclear power plant by 2024. he first concrete pour at the 2.4GW Paks-II nuclear power plant in Hungary will take place by 2025, Rosatom’s director-general Alexey Likhachev stated during a visit to the construction site. The plant is now complete and construction of a workshop …
Global nations’ push to go green and reduce reliance on fossil fuels has now sent them chasing a commodity that had been uncool for quite a while: uranium. Demand for the heavy metal has surged as countries from China to India and Russia pursue more nuclear programs to balance the needs of meeting their increasing …
A new joint report from World Nuclear Association, the Nuclear Energy Institute and the Canadian Nuclear Association proposes regulatory steps which can be taken to minimise the time and cost for large-scale deployment of a fleet of standardised reactor designs that are acceptable in multiple countries around the world. The report, A Framework for International Regulatory …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering“) of US$110 million aggregate principal amount of unsecured convertible debentures (the “Debentures“) with Queen’s Road Capital Investment Ltd. (“QRC“) and Washington H Soul Pattinson and Company Limited (“WHSP“). NexGen currently has …
Poland’s General Director for Environmental Protection (GDOŚ) has issued to Polskie Elektrownie Jadrowe (PEJ) its decision on the environmental conditions for the construction of a nuclear power plant in the province of Pomerania. PEJ, the Polish government company that is progressing its policy to deploy up to six reactors at multiple sites in the country …
The Italian government has launched the National Platform for Sustainable Nuclear Power, which will lead within nine months to developing guidelines for possibly reintroducing nuclear power among national energy sources. Thursday (21 September) saw the first meeting of the National Platform for a Sustainable Nuclear, set up by the government to define a time frame …
Nuclear will be needed to help decarbonise the shipping industry – whether by having nuclear-powered ships or using nuclear to produce alternative fuels – a conference organised by Core Power has heard. However, speakers noted that regulatory issues must be resolved before this can happen. The shipping industry consumes some 350 million tonnes of fossil …
Many of the new nuclear reactors under development are designed to run on uranium at enrichments as high as 15%-19.75%, known as high-assay low-enriched uranium (HALEU), rather than traditional Light Water Reactor (LWR) technology, which typically uses uranium enriched to 3%-5%. The only commercial source of HALEU, however, is Russia. The invasion of Ukraine, and Russia’s …
Nuclear will be essential for the world to accelerate its transition away from fossil fuels, US Special Presidential Envoy for Climate John Kerry said at a New York summit this week. He also praised the recently launched Net Zero Nuclear Initiative – which has now welcomed GE Hitachi Nuclear Energy (GEH) as its first corporate …
The Canadian Minister of Energy and Natural Resources Jonathan Wilkinson has announced CAD3 billion (USD2.2 billion) of export financing to Nuclearelectrica to support the building of two CANDU-6 reactors at the Cernavoda nuclear power plant in Romania. The agreement was announced by Wilkinson alongside Sebastian Burduja, Romania’s Energy Minister, in Ottowa. He said it would …
