France’s energy bill to exceed €100 billion this year

France’s fossil fuel import bill is expected double from 2021, reaching €100 billion as energy bills skyrocket across Europe, the French Nuclear Energy Society (SFEN) told a Parliamentary hearing on Wednesday. The French Treasury revealed in April that the French energy bill had reached a record high, rising from €27 billion in the second half …

V.SYH’s Partner Company Valor Resources Identifies Eleven New Uranium Targets at the Hook Lake Uranium Project in the Athabasca Basin

 Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) partner company Valor Resources Limited (“Valor”) is pleased to advise that it has completed the interpretation of airborne gravity gradiometry survey data at the Hook Lake Uranium Project situated on the eastern flank of the Athabasca Basin. Hook Lake Project Valor completed an airborne gravity gradiometry survey in May-June this year and …

‘Huge demand for SMRs’ – so what are the key challenges?

The interest in small modular reactors (SMRs) means that building the industrial capacity to produce the numbers required is just one of the challenges for companies as they turn their visions into reality, World Nuclear Symposium heard. Both Jon Ball, executive vice president market development for GE Hitachi Nuclear Energy, and Rick Springman, senior vice president of …

UNECE roadmap to net-zero calls for greater use of nuclear energy

Nuclear energy plays a significant role in scenarios which achieve carbon neutrality in North America, Europe and Central Asia, according to a new report from the United Nations Economic Commission for Europe (UNECE). If advanced reactors are successfully deployed to complement large scale nuclear reactors and there is progress in introducing low-carbon hydrogen infrastructure, then …

Nuclear energy bill receives state Senate hearing

The Fermi 2 nuclear reactor near Monroe, Michigan began shutting down last Sunday night. It’s expected to be offline for a month. A bill before a Michigan Senate committee would require state regulators to commission a feasibility study on nuclear energy. That study would look at the economic and environmental impacts of generating nuclear power …

V.PTU Prepares for Follow-Up Drill Program at Red Willow Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the commencement of mobilization efforts at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. This past winter’s drilling intersected uranium mineralization along 1.2 kilometres of strike length associated with the northern area of the Osprey …

Japan’s nuclear drumbeat quickens as public demands energy fix

Japan’s power generation mix, nuclear fleet This analysis is by Bloomberg Intelligence Senior Industry Analyst Henik Fung and Associate Analyst Chia Cheng Chen. It appeared first on the Bloomberg Terminal. The energy equivalent of a Greek chorus is beating the drums for Japan to fire up its nuclear plants, with public support rising to 60% …

Oklo Relaunches NRC Licensing Process for Nuclear Microreactor

A rendering of the Aurora powerhouse, a 1.5-MW fission power system being developed by Oklo Inc. Source: Oklo Inc. Oklo, the developer of the much-watched 1.5-MW Aurora microreactor, has submitted a recharged licensing project plan (LPP) with the Nuclear Regulatory Commission (NRC), launching a renewed effort that could help the advanced nuclear reactor developer set …

T.GLO Shareholders Exercise Warrants and Contribute Over C$10 Million to the Funding of the Dasa Project

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to announce the successful conclusion of shareholders exercising warrants that were issued along with common shares in March 2021 primarily to advance the Company’s Dasa Uranium Project in the Republic of Niger. Since these warrants were issued, 3.12 million C$3 investor warrants …

Tepco to revise power prices for industry, factoring in nuclear restart

Tokyo Electric Power Company (Tepco) (9501.T) said on Friday it will revise its pricing for high-voltage industry customers next year to reflect soaring costs, but will take into account the assumed restart of the No.7 unit of its Kashiwazaki-Kariwa nuclear power plant. Tepco President Tomoaki Kobayakawa told a news conference of the new pricing policy, including the …