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 …
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 …
Poland’s government has chosen South Korea as its partner to build its second planned nuclear power plant Poland’s government said Monday that it has chosen South Korea as its partner for building its second planned nuclear power plant, a decision that comes days after it picked the U.S. and Westinghouse to build the first one. …
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 …
U.S. firm Westinghouse Electric Co will build Poland’s first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country’s carbon emissions and phase out coal. With Russia waging war in neighbouring Ukraine, Poland’s choice of a partner from the United States underlines the emphasis Warsaw places …
Cameco announces third quarter results, benefiting from execution of strategy; continued contracting success with 77 million pounds uranium year-to-date: 50 million previously announced and advancing another 27 million Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2022 in accordance with International Financial Reporting Standards …
Minister of Energy Virgil Popescu says Canada and the USA are both offering to help with the financing of the construction of Cernavoda 3 and 4 and said the US firms Fluor Corporation and Sargent & Lundy, Canada’s SNC Lavalin and France’s Framatome had agreed to “explore opportunities for cooperation in the civil nuclear field” …
Steam rises from cooling towers of the Electricite de France (EDF) nuclear power plant in Belleville-sur-Loire, France October 12, 2021. REUTERS/Benoit Tessier/File Photo EDF expects to finish repair works at four more of its reactors by the end of this year, the head of the company’s nuclear fleet said on Thursday. He said works to …
The Board of Directors of EDF S.A. (“EDF” or the “Company”) held a meeting on 27 October 2022 to issue, in accordance with applicable regulations, its reasoned opinion on the draft simplified public tender offer (the “Offer”) initiated by the French State for the shares of the Company and the bonds convertible into new shares and/or …
In its third quarter 2022 earnings call presentation, Southern Company reduced its “Total project capital cost forecast” for Vogtle Units 3 and 4 to $10.383 billion from $10.453 billion, which is what it had reported in the company’s second quarter 2022 earnings call presentation. The company’s cost estimate reduction doesn’t mean that total project costs …
