KEY POINTS NextEra is looking at restarting the Duane Arnold Energy Center in Iowa, CEO John Ketchum said. The Duane Arnold plant ceased operations in 2020 after 45 years of service. Demand for nuclear power is growing as the tech sector and utilities scramble for carbon-free energy. NextEra Energy is considering restarting a nuclear plant in …
Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo Purchase Licensing Rights The United States is working with Ukraine on a roadmap for its post-war energy …
Uranium Price Holds Steady: The uranium spot price has remained range-bound between $85 and $95 per pound,1 and ended the first half at $85.34 (June 30, 2024). Miners Outperform Commodity: Although miners fell in June, they bounced back in early July, outperforming the commodity year-to-date. Tax Hikes Weaken Incentives: Kazakhstan, the world’s largest uranium-producing country, announced a surprise tax …
Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July …
In a big announcement, the private sector has been allowed to partner in setting up nuclear plants for the first time. India’s atomic energy got a positive nudge today with Finance Minister Nirmala Sitharaman saying, “Nuclear energy is expected to form a very significant part of the energy mix for Viksit Bharat.” India is now …
The purpose of the agreement is twofold – to explore and consider in the medium term co-investment opportunities in the construction of Small Modular Reactor (SMR) nuclear power plants, partly to cover the needs of the steel industry, and to consider opportunities for the medium-long term supply of nuclear energy, primarily by means of the …
IsoEnergy Ltd. (“IsoEnergy”, “ISO” or the “Company”) (TSX: ISO; OTCQX: ISENF) is pleased to announce that it has completed the sale (the “Transaction”) to Jaguar Uranium Corp. (“Jaguar”) of 100% of the issued and outstanding shares (the “Target Shares”) of a wholly-owned subsidiary of IsoEnergy, which holds, indirectly, a 100% interest in the Laguna Salada Project …
The nuclear reactor has been in the works since 2016 and was only began operations in December 2023. In a global first, researchers at Tsinghua University in China have successfully demonstrated a meltdown-proof nuclear fission reactor. The twin reactor design can generate 105 MW of power each and has been in the works since 2016. …
The startup will initially target sites with active Nuclear Regulatory Commission permits, Chief Development Officer Juliann Edwards said. The Nuclear Co. plans to develop a series of nuclear plants in the United States “using proven, licensed technology and a design-once, build-many approach,” the company said on Thursday. The startup will focus on sites that already have some …
Centrus Energy (NYSE:LEU) Corp. (NYSE American:LEU), a company specializing in the mining and quarrying of nonmetallic minerals, has received a partial waiver from the U.S. Department of Energy (DOE), according to a recent 8-K filing. The waiver, issued on Thursday, allows the company to import low enriched uranium (LEU) from Russia for deliveries already committed to …