Samsung completes design of CMSR Power Barge

South Korean shipbuilder Samsung Heavy Industries (SHI) has completed the conceptual design for the CMSR Power Barge – a floating nuclear power plant based on compact molten salt reactors – and obtained the basic certification of the design from the American Bureau of Shipping (ABS). In December 2020, ABS said it had completed a new …

Sweden could buy nuclear reactors from France, Swedish PM says

French President Emmanuel Macron and Swedish Prime Minister Ulf Kristersson deliver a joint statement before a meeting at the Elysee Palace in Paris, France, January 3, 2023. REUTERS/Gonzalo Fuentes Reuters Sweden could potentially buy nuclear reactors from France to beef up the Nordic country’s energy supply, the Swedish prime minister was quoted as saying while …

Nuclear power saw multiple gains in 2022, but economic and other questions remain

The first new nuclear units in the U.S. in more than 30 years moved closer to operation while the sector is receiving a boost from the Inflation Reduction Act and bipartisan infrastructure law. Southern Company’s Vogtle units 3 and 4 moved closer to commercial operation in 2022 while existing nuclear plants are receiving a boost from the …

German minister reignites coalition row with call to review nuclear exit

German Transport Minister Volker Wissing holds a mobile phone at the attend the weekly cabinet meeting in Berlin, Germany November 30, 2022. REUTERS/Lisi Niesner/File Photo Germany’s transport minister called for an expert committee to examine whether the lifespan of the country’s nuclear plants should be extended, reopening a row within Chancellor Olaf Scholz’s coalition. Germany’s …

Japanese Government Council Puts Forth Basic Policy Clearly Stating Nuclear Power Use

On December 22, the Japanese government’s Green Transformation (GX) Implementation Council (chaired by Prime Minister KISHIDA Fumio) held a meeting, at which a basic policy aimed at implementing the country’s green transformation was put forth together with a ten-year roadmap. Since July, the council had been deliberating on major reforms in the areas of energy, …

V.PTU Completes Fall 2022 Drill Program at Red Willow and Turnor Lake Projects

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of the Fall 2022 drill program at the 100%-owned Red Willow and Turnor Lake projects within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. A total of 6 drill holes were completed on these two projects and one hole …

A new era for nuclear energy post Inflation Reduction Act

 Nuclear power has been pushing electrons onto the U.S. energy grid since 1957, with little fanfare touting its steadfast reliability and carbon free attributes. However, with increasing focus on decarbonization initiatives and an influx of public and private-sector investments, nuclear energy is sharing the stage with wind, solar, and other low-carbon projects as an indispensable …