Poland injects 60 billion zloty into its first nuclear power plant

Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities. The Polish government’s decision to invest 60 billion zloty in the construction of its first nuclear power plant marks a decisive milestone in the country’s energy strategy. The project is …

How Pennsylvania Is Fostering A Nuclear Renaissance in the Making

The first large-scale nuclear power plant in the world began operating in Shippingport, Pennsylvania, on December 2, 1957—15 years after Enrico Fermi demonstrated the first sustained nuclear reaction. The Duquesne Light Company of Pittsburgh built and operated the Shippingport Atomic Power Station on a site it owned on the Ohio River until the power plant …

T.DML Announces Option of Non-Core Exploration Projects to Foremost for up to $30 Million in Combined Consideration

Denison Mines Corp. (“Denison” or the “Company“) (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the “Option Agreement“) with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd (“Foremost“) (NASDAQ: FMST) (CSE: FAT), which grants Foremost an option to acquire up to 70% of Denison’s interest in 10 …

A Rising Mass Of Support Could Lead To A U.S. Nuclear Renaissance

A group of the world’s biggest banks said Monday they will increase support for the expansion of nuclear power, according to the Financial Times. The banks, including Barclay’s, Bank of America, Citi, Morgan Stanley, BNP Paribas, and Goldman Sachs will make the formal announcement later Monday at an event with White House climate policy advisor John …

World Bank urged to finance nuclear projects once more

The industry associations representing the global nuclear industry are calling on multilateral development banks, such as the World Bank, to include nuclear energy in their investment portfolios as part of efforts to accelerate the deployment of new nuclear projects to help address the climate crisis. In a communiqué issued to mark the Government-Industry ‘Roadmaps to …

U.UEC Expands U.S. Production Capacity with Acquisition of Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets

Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that it has entered into an agreement with Rio Tinto America Inc. (“Rio Tinto”) to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant  and a portfolio of uranium mining projects with approximately 175 million …

Microsoft AI Needs So Much Power It’s Restarting Site of US Nuclear Meltdown

Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges. The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest $1.6 billion to revive it, agreeing to sell all the output to Microsoft Corp. as the tech titan seeks carbon-free electricity for data centers to power the artificial …

Georgia’s new nuclear plants drive US power sector clean-up

New nuclear power plants in Georgia have helped flip the state’s power mix so that electricity from clean energy sources has exceeded fossil fuel electricity output for the first time. Georgia’s higher nuclear generation has in turn helped to slash the carbon intensity of power generation within the Southern Services power system, which produces electricity …

Sapporo 5 Release Joint Statement Calling for Like-Minded Nations to Join Commitment to Secure a Reliable Nuclear Fuel Supply Chain

Leaders from the United States, Canada, France, Japan, and the United Kingdom, referred to as the Sapporo 5, released the following joint statement today on the margins of the 68th International Atomic Energy Agency (IAEA) General Conference in Vienna, Austria: Sapporo 5 Investments for Nuclear Fuel Security Recognizing the critical need for nuclear energy to achieve …