The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
As the country races towards its target of generating 1,200 megawatts of nuclear energy by 2032, executives from Manila Electric Company (Meralco) raised the urgent need to diversify technology beyond micro modular reactors (MMRs) to hit its energy goals. Meralco executive vice president and chief operations officer Ronnie Aperocho said in a press briefing in …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that it has entered into a property purchase and sale agreement (the “Agreement”) with Cosa Resources Corp. (“Cosa”) dated July 26th, 2024, whereby Skyharbour will sell Cosa two (2) mineral claims, comprising approximately 6,049 hectares. These two claims represent a small portion of Skyharbour’s Karin …
Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers. Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months. “With …
Orano’s income has been affected by the situation in Niger, with logistical issues continuing to cause blockages to uranium sales. But the group has confirmed its financial outlook for 2024, targeting stable revenue and a positive net cash flow, and says it still wants to talk to the government about continuing the Imouraren project. “At …
Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …
Energy Resources of Australia said on Friday the Northern Territory government has rejected its request to renew the uranium mining lease for the Jabiluka deposit. The company, in which Rio Tinto has a majority stake, had applied to extend the lease for another 10 years, with the current lease due to expire in August. The Jabiluka uranium deposit, near …
Spain’s Nuclear Safety Council (CSN) has approved the extension of the operating license of the 1,000 MW (1,066 MW gross) Trillo nuclear power plant for a 10-year period. The Trillo nuclear power plant is located in the province of Guadalajara (Spain) and is set to celebrate 40 years of operation in 2028, when it will enter into Long-Term Operation (LTO) status. …
The 200-MW Bronco Plains II wind farm in Kit Carson County, Colorado, owned by NextEra Energy Resources. The company signed deals for more than 3 GW of renewable energy during the second quarter, including an 860 MW agreement with Google. Courtesy of Holy Cross Energy NextEra Energy’s development arm signed deals for more than 3 GW of renewable …
The latest update came during a Congressional hearing this week. Palisades, likely to become the U.S.’ first shut-down nuclear power plant to be recommissioned, is on track to restart in August 2025, according to an update from the top U.S. nuclear regulatory official. U.S. Nuclear Regulatory Commission (NRC) Chair Christopher Hanson told U.S. Rep. Tim …