How TVA plans to make East Tennessee a leader in the next generation of nuclear energy

Clinch River site could house the first small modular nuclear reactor on TVA’s grid. Just weeks after Gov. Bill Lee proposed investing $50 million to recruit companies to make Tennessee a leader in nuclear energy, the Tennessee Valley Authority gave the public its first look at the Clinch River Nuclear Site that could house the …

T.FCU Files Feasibility Study Highlighting Tier 1 Economics for PLS High-grade Uranium Project

FISSION URANIUM CORP. (“Fission” or “the company”) is pleased to announce that it has filed a technical report (the “Report”) for its PLS project in Canada’s Athabasca Basin, pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) on SEDAR. The Report summarizes the Feasibility Study (“FS”), which outlines a high-grade mine and mill scenario …

U.S. Department of Energy Releases Guidance for Second Award Cycle of Bipartisan Infrastructure Law’s $6 Billion Civil Nuclear Credits Program

The U.S. Department of Energy (DOE) today released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment made possible by President Biden’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear reactors across the country. Nuclear reactors are a reliable and consistent energy resource …

Fukushima’s disaster led to a “lost decade” for nuclear markets. Russia, low carbon goals help stage a comeback.

An accident at the Fukushima nuclear plant in Japan 12 years ago led countries around the world to question the safety of nuclear energy, but the potential loss of uranium supplies from Russia after its invasion of Ukraine a year ago, and the increased need for low carbon fuel, have served as a wake-up call …

Nuclear Regulatory Commission Approves PG&E Request Related to Continued Operations at Diablo Canyon Power Plant (DCPP)

On March 2, 2023 the Nuclear Regulatory Commission (NRC) approved Pacific Gas and Electric Company’s (PG&E) exemption request to allow continued operations at Diablo Canyon Power Plant (DCPP) past the plant’s current licenses. This exemption will allow PG&E, similar to exemptions granted to other utilities, to continue operating both units at DCPP while the company’s …

South Korea’s APR1000 certified for European use by EUR

Korea Hydro & Nuclear Power’s (KHNP’s) APR1000 reactor design has been formally certified as compliant by the European Utility Requirements (EUR) organisation – a technical advisory group for European utilities on nuclear power plants. The Korean nuclear industry – including KHNP, KEPCO E&C, KEPCO NF, and Doosan Enerbility – officially applied for EUR certification in …

T.GLO Announces Upsizing of Bought Deal Public Offering to C$50.0 Million

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced that due to significant demand, the Company and Red Cloud Securities Inc. (the “Underwriter”), as sole underwriter and bookrunner, have agreed to increase the size of the previously announced “bought deal” prospectus offering (the “Offering”) from C$25.0 million to C$50.0 million. Under …

France Sees ‘No Problem’ Funding Macron’s New Nuclear Reactors

French President Emmanuel Macron’s government sees “no problem” funding the six new nuclear reactors he has proposed building, a project that by one estimate could cost at least €51 billion ($54 billion). “We trust the nuclear industry, there’s no difficulty ahead to fund nuclear reactors announced by the president,” government spokesman Olivier Veran said after …

How Lifetime Emissions of Different Energy Sources Stack up

In the energy industry, there are four generalized life-cycle phases of greenhouse gas emission generation, though some may widely differ from one technology to another. The life cycle starts with the upstream phase, which is when extraction begins for all materials needed to assemble the machinery and infrastructure required to produce the energy.The second phase is production, …

California regulators find Diablo Canyon nuclear plant needed through 2030 to support grid reliability

State legislation requires the state energy commission to determine the need to extend Diablo Canyon’s license beyond 2025. The California Energy Commission on Tuesday approved a staff analysis recommending the state pursue extending the operation of the Diablo Canyon Power Plant through 2030 to ensure electricity grid reliability. Officials said they considered data showing California risks energy supply shortfalls during …