Japanese support for a nuclear restart is at its highest since Fukushima disaster, says former IEA executive director

In a first for Japan since the Fukushima nuclear disaster in 2011, public support for a nuclear restart is now at more than 60%, said a former executive director of the International Energy Agency. Nobuo Tanaka attributed that to the possibility of “serious problems by the end of this year” if Japan does not have …

Nuclear Energy: China is building world’s 1st commercial land-based SMR

The world’s first commercial land-based small modular reactor, or SMR, is under construction in southern China’s Hainan Province. Our reporter Zheng Yibing visited the power plant where the unit is located. China’s building the demonstration project of the “Linglong-1,” a small modular reactor in the country’s southern island province of Hainan. It’s the world’s first such type …

Germany to keep last three nuclear power plants running in policy u-turn

Move prompted by the mounting economic war with Russia marks the first departure from a two-decade policy to abandon nuclear energy Germany plans to postpone the closure of the country’s last three nuclear power plants as it braces for a possible shortage of energy this winter after Russia throttled gas supplies to the country, said …

V.PTU Provides Update on Summer Exploration Programs

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today provided an update on the broad array of geophysical programs underway this summer. This week the company commenced a helicopter-borne versatile time domain electromagnetic (VTEM) survey across four of its projects, collectively referred to as the Tabbernor Block, all of which lie on the …

T.UEX Corporation Securityholders Approve Arrangement With U.UEC

UEX Corporation (TSX:UEX, OTCQB:UEXCF) (“UEX” or the “Company”) is pleased to confirm that securityholders of UEX approved,  at the special meeting of UEX securityholders held earlier today (the “Meeting”), the special resolution (the “Arrangement Resolution”) in respect of a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act (the “CBCA”) pursuant to which UEC 2022 …

Biden Signs Bill to Transform U.S. Energy, Combat Climate Change

President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months of this …

U.UEC and T.UEX Agree to Amendment to the Arrangement Agreement; Special Meeting of T.UEX Securityholders will Remain on Monday, August 15, 2022

Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) and UEX Corporation (TSX:UEX, “UEX”) are pleased to announce that they have entered into a further amending agreement (the “Amending Agreement”) to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022, among UEX, UEC and UEC …

TerraPower Announces $750 Million Secured in Fundraise

TerraPower undertakes a large private capital fundraise in support of advanced nuclear deployment. TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million. This is one of the largest advanced nuclear fundraises to-date.   The fundraise was co-led by SK Inc. and SK Innovation (collectively, …

California lawmakers float legislation to keep Diablo Canyon nuclear plant open

Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. Set on 1,000 acres of scenic coastal property just north and west of Avila Beach, the controversial power plant operated by Pacific Gas & Electric (PG&E) was …

T.UEX Announces Further Amended Arrangement Agreement With U.UEC

UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce that it has entered into a further amendment (the “Amended UEC Agreement”) to the arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022 among Uranium Energy Corp. (“UEC”), UEC 2022 Acquisition Corp. (the “Purchaser”) and UEX (the “UEC Agreement”). …