Hinkley Point C could have saved customers £4bn this year, says financing chief

Hinkley Point C (Hinkley) could have saved households over £4bn in energy bills this winter, argued one of the leading financing experts in the nuclear industry. Julia Pyke, director of Sizewell C (Sizewell) financing and economic regulation, told Parliament that if the Somerset-based nuclear power plant was already in the UK’s energy mix – it …

Poland gives details on $20B nuclear power bid

Westinghouse of the US gets the nod to build the country’s first nuclear power plant. U.S. nuclear power technology provider Westinghouse will build Poland’s first reactor by 2033, Prime Minister Mateusz Morawiecki said Wednesday. “We assume the overall cost at around $20 billion,” he told reporters, adding: “The upfront capital investment is big but once a nuclear …

New Units at Hongyanhe Further China’s Nuclear Ambition

An innovative design, emphasizing safety and economic efficiency, is key to the reactor technology at China’s newest—and now largest—nuclear power plant. China’s nuclear power program has utilized several technologies over the years, drawing on the expertise of its own engineers and those of other nations while pursuing its own reactor development and technology export program. …

IsoEnergy Announces Appointment of Peter Netupsky to its Board of Directors and Grants Stock Options

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO) (OTCQX: ISENF) is pleased to announce the appointment Mr. Peter Netupsky to the Company’s Board of Directors. Mr. Netupsky brings significant experience in finance, capital markets and banking. Currently, he serves as Vice President, Corporate Development at Agnico Eagle.  Prior to joining Agnico Eagle he held progressively senior roles …

PG&E formally asks NRC to extend Diablo Canyon power plant license to 2030 to boost grid reliability

The two units of the California nuclear plant had been set to retire in 2024 and 2025, but grid reliability challenges caused the state to reconsider. Pacific Gas & Electric on Monday submitted an application to the U.S. Nuclear Regulatory Commission requesting to continue operating the Diablo Canyon nuclear plant until 2030. California lawmakers voted …

China Approves Commissioning of Thorium-Powered Reactor

4. This graphic visualizes the thorium-based molten salt reactor (TMSR-LF1) engineering design. A 2-MWth version of the TMSR is under commissioning in China. Courtesy: SINAP China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at …

The investment case for nuclear power

As countries rethink their energy policies, nuclear energy is back in the conversation Following almost a decade of bearish sentiment, nuclear is making a comeback. “The road of nuclear energy has been a very bumpy one,” said Nick Piquard, portfolio manager and options strategist with Horizons ETFs Management (Canada) Inc., speaking at the ETFinsight Conference …

Japan to consider developing high-temperature gas reactor

The Japanese government plans to consider developing and building next-generation nuclear reactors. One of them is known as a high-temperature gas-cooled reactor. One feature of such a reactor is the use of helium gas to cool the reactor’s core. That theoretically makes it possible to extract extreme heat in an efficient manner compared with existing …