Chancellor Jeremy Hunt announced on Thursday the government’s support for Sizewell C’s construction, subject to final agreement. In his Autumn Statement, he said the nuclear power station would create thousands of jobs and represented the biggest step in the UK’s journey to energy independence. He stressed the need for the UK to further increase domestic …
Rising steel prices, interest rates could push NuScale SMR cost to $100/MWh, threaten UAMPS project NuScale Power Higher steel prices and interest rates are driving up the projected cost of energy from Utah Associated Municipal Power Systems’ planned 462 MW small modular reactor project, multiple municipal utilities have reported. Previous cost estimates were for the project …
IsoEnergy Ltd. (TSX-V: ISO) (OTCQX: ISENF) (“IsoEnergy” or the “Company”) is pleased to announce that it has reached agreements for a $15.3 million funding package, consisting of a $5 million non-brokered private placement of common shares, a concurrent private placement of $5.3 million in convertible debentures, and a $5 million “bought deal” private placement of …
The No. 2 reactor at Japan Atomic Power Co.’s Tsuruga power plant in Tsuruga, Fukui Prefecture is seen in May, 2021. The Nuclear Regulation Authority on Wednesday approved in principle a plan that would allow the economy ministry to extend the operational life of nuclear power plants at intervals of within 10 years, beginning 30 …
The long-term low-emission development strategy – or LT-LEDS – submitted by India to the United Nations Framework Convention on Climate Change (UNFCCC) includes a three-fold increase in nuclear energy capacity by 2032 and will also explore the potential deployment of small modular nuclear reactors (SMRs). All parties to the Paris Agreement on climate change are …
Two companies that have applied for funding to keep struggling nuclear power plants open said they expect to hear from the U.S. Department of Energy by the end of the year. Both power utility PG&E Corp and Holtec International applied to the first phase of the $6 billion DOE Civil Nuclear Credit program to keep …
Macron’s call for six new plants sparks push for more staff Industry needs to train more welders, electricians, engineers The French nuclear industry, already grappling with the maintenance of its fleet of aging reactors, needs to recruit as many as 15,000 employees annually as President Emmanuel Macron pushes for at least six new plants to …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), a leading U.S. producer of uranium and rare earth elements (“REE“), is pleased to announce that it has entered into a definitive agreement to sell three wholly-owned subsidiaries that together hold Energy Fuels’ Alta Mesa ISR Project (“Alta Mesa“) to enCore Energy (“enCore“) for total …
The conversation around nuclear energy in Europe has shifted and its future now looks very bright, although there are still challenges to overcome, according to EU Commissioner for Energy Kadri Simson. She called for policy-makers, industry and technology leaders to work together to turn opportunity into reality. Opening the 15th European Nuclear Energy Forum, which …
Eletronuclear said concreting has resumed at Brazil’s Angra dos Reis nuclear power plant, marking a restart to the construction of the reactor, which was most recently halted in 2015. Preparation for the resumption of concreting began in February with the signing of a contract between Eletronuclear and the Agis consortium of Ferreira Guedes, Matricial and …
