Romania secures $3 billion US funding for two nuclear reactors

File photo. A vessel passes by the Cernavoda nuclear powerplant, in background, while navigating on the Danube-Black Sea channel, near Cernavoda city at 170 km south-east from Bucharest, Monday 25 August 2003. [Robert Ghement/EPA/EFE] Romania announced Wednesday (9 November) that the United States will provide funding worth more than $3 billion for the construction of …

T.CCO Produces First Packaged Pounds Following McArthur River/Key Lake Restart

Cameco (TSX: CCO; NYSE: CCJ) announced that the first pounds of uranium ore from the McArthur River mine have now been milled and packaged at the Key Lake mill, marking the achievement of initial production as these facilities transition back into normal operations. “McArthur River and Key Lake are among the best and most prolific uranium …

‘Nuclear is Making a Strong Comeback’, IEA’s Birol Tells IAEA Director General Grossi at IAEA COP27 Event

IAEA Director General Rafael Mariano Grossi spoke with Fatih Birol, Executive Director of the International Energy Agency (IEA), at the IAEA event, ‘Affordability, Resilience and Security of Energy Supply’, which took place that the IAEA-led COP27 #Atoms4Climate pavilion. (Photo: IAEA) IAEA Director General Rafael Mariano Grossi led a panel of officials from around the world in …

German utility E.ON sells 99% of Isar 2 nuclear site’s 2022 output

German utility E.ON (EONGn.DE) said on Wednesday it had sold 99% of the remaining 2022 output from its Isar 2 nuclear plant ahead of the reactor’s planned closure in March 2023. The company’s presentation slides for nine-month financial results showed power production from Isar 2 in E.ON’s non-core PreussenElektra unit was sold at 99 euros ($99.59) per megawatt hour (MWh), as …

At COP27, nuclear power industry vies for bigger role in decarbonizing planet

Nuclear energy supporters including politicians and activists sought to polish the industry’s spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world. Rising concerns about the swift pace of climate change and tight power supplies around the globe have softened some …

T.FCU Metallurgical Hole Intersects 34.0m @ 19.12%, Confirming It as One of the Best Holes to Date at Triple R Deposit

FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce assay results from the summer 2021 “metallurgical & geotechnical testwork” drilling on the R840W zone at its’ PLS project, in the Athabasca Basin region of Saskatchewan, Canada (see News Release September 07 , 2021).  Four metallurgical holes and three geotechnical holes were completed as part of the Phase 1 feasibility study field …

Nuclear power to account for up to 35 pct of energy mix, minister says

Nuclear power will ultimately make up 30-35 percent of Poland’s energy mix while the rest will mostly come from the renewable energy sources, the development and technology minister has said. Waldemar Buda told the Republika TV station on Tuesday that “in 10-12 years our energy mix will look completely different from today.” “A nuclear power …

Japan looks to finalize nuclear reactor service extension by year-end

The No. 2 reactor building of Chugoku Electric Power’s nuclear power plant in Matsue, Shimane Prefecture, in September 2021. Nuclear power plant operators are required to comply with tougher regulation which were implemented after the Fukushima nuclear disaster of March 11, 2011. | KYODO Japan’s industry ministry is considering extending the lifespan of nuclear reactors …

Macron praises ‘ambitious cooperation’ with Sunak on nuclear energy in huge boost for UK

France is a nuclear energy giant, normally generating 70 percent of its electricity from this power source French President Emmanuel Macron had pledged to engage in “ambitious cooperation” with Prime Minister Rishi Sunak on nuclear energy amid fears that fuel imports from Russia will plummet this winter. In their first meeting since Mr Sunak replaced shortest-ever UK leader Liz Truss, the …

T.CCO Signs Uranium Supply Agreement with China Nuclear International Corporation

Cameco (TSX: CCO; NYSE: CCJ) announced that it has signed a uranium supply agreement with the China Nuclear International Corporation, a subsidiary of the China National Nuclear Corporation (CNNC), one of the country’s largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the China International Import Expo 2022. “China is …