Constellation’s Nuclear Fleet Outperformed as Fossil Plants in Nation’s Largest Grid Failed During Winter Storm Emergency

Largest nuclear operator calls for renewed focus on reliability measures after nearly a quarter of PJM generation goes offline, resulting in up to $2 billion in penalties for generators that failed to produce during Winter Storm Elliott Nuclear plants operated by Constellation (Nasdaq: CEG) performed at 100 percent capacity and proved instrumental in preventing rolling …

New, large-scale nuclear plants being explored in Ontario to meet energy demands

Building new nuclear plants is ‘one pathway’ toward a fully electrified system, Energy Minister Todd Smith said in an interview.  Ontario is exploring the possibility of building new, large-scale nuclear plants in order to meet increasing demand for electricity and phase out natural gas generation. A report late last year by the Independent Electricity System …

PSEG to consider nuclear plant investments, capitalizing on the IRA’s production tax credits, CEO says

Public Service Enterprise Group will consider “small but important value-added investments” at its nuclear plants, capitalizing on production tax credits in the Inflation Reduction Act, President and CEO Ralph LaRossa said Tuesday. The IRA will “offer our nuclear generation a level of much-needed stability” when the nuclear production tax credit for reactors goes into effect …

Inner dome installed at Changjiang 3

The inner dome for unit 3 of the Changjiang nuclear power plant was successfully hoisted into place on Feb 21, in South China’s Hainan province, marking the Hualong One unit’s shift from the construction stage to the equipment installation stage. The steel dome is located atop the nuclear island and is an important component in guaranteeing reactor …

Bipartisan legislation would increase US uranium production to promote nuclear energy

Three U.S. senators, including the two leaders of the Senate’s Energy and Natural Resources Committee, have introduced bipartisan legislation directing the U.S. Department of Energy to establish a nuclear fuel program to strengthen domestic production. The legislation would make a priority of increasing U.S. production of low-enriched uranium and accelerating efforts to establish a high-assay, low-enriched uranium, or …

Outer dome installed at CNNC’s Zhangzhou 1

The outer dome for unit 1 of the China National Nuclear Corporation’s (CNNC) Zhangzhou nuclear power plant was successfully hoisted into place on Feb 17, in East China’s Fujian province. It marks the completion of the main structure of the first Hualong One mass construction unit, and lays a solid foundation for subsequent construction, cold functional tests and …

CEZ starting early talks with bidders for new nuclear power unit

Czech electricity producer CEZ’s logo is seen on the company’s headquarters in Prague March 17, 2013. The prosecution in Bulgaria requested CEZ license revocation over massive regulatory breaches, local media reported. REUTERS/David W Cerny Czech utility CEZ (CEZP.PR) will start talks with bidders for a multi-billion dollar project to build a new unit at its Dukovany nuclear …

Ur-Energy Inc. Announces Closing of $46.1 Million Public Equity Offering, Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares and/or Warrants

Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (“Ur-Energy”) announced today the closing of its previously announced underwritten public offering of 39,100,000 common shares and accompanying warrantsto purchase up to 19,550,000 common shares, which includes the full exercise of the underwriters’ option to purchase up to 5,100,000 additional common shares and accompanying warrants to purchase up to 2,550,000 common …

Wyoming Could Be Home For Another Type of Advanced Nuclear Reactor

A startup company wants to build fast nuclear reactors, and the company’s CEO said Wyoming may be on the list of possible locations for its plants. The Aurora-brand reactors that Silicon Valley-based Oklo is looking to build are much smaller than the TerraPower Natrium reactor planned to replace a retiring coal plant in Kemmerer. Aurora …