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 …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce a significant regulatory milestone for the Company’s 95% owned Wheeler River project (“Wheeler River”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“MOE”) and the Canadian Nuclear Safety Commission (“CNSC”). The EIS submission outlines the Company’s assessment of the potential effects, including applicable …
The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce dependency on Russia for the fuel, Jennifer Granholm, the U.S. energy secretary told reporters on Wednesday. The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly …
Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) announces that the Company intends to apply to the TSX Venture Exchange (the “Exchange”) to extend the expiry date of a total of 35,838,000 outstanding common share purchase warrants (“Warrants”) issued by the Company in connection with a private placement of flow-through units and common …
In the last six months, many governments have proclaimed support for nuclear energy and industrial companies have announced partnerships with nuclear developers to meet their decarbonization commitments—but the most exciting evolution, arguably, involves nuclear’s relationship with three letters: E-S-G. Environmental, Social, and Governance (ESG) refers to the increasingly relevant non-financial criteria used by financiers when screening …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (the “Company” or “GoviEx“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Sprott Capital Partners (“Sprott“), of 46,213,000 units (“Units“), which includes a partial exercise of the over-allotment option, at a price of C$0.22 per Unit for aggregate …
Swapping coal-fired generating stations with nuclear power plants could be a win-win for utilities and coal towns, minimizing costs and creating jobs, according to industry experts. The opportunity to bring new energy investment to coal communities arose Oct. 24 at two nuclear energy events hosted by the American Nuclear Society and the Atlantic Council. That …
The existing Darlington plant provided a backdrop for the announcement (Image: OPG) The Canada Infrastructure Bank (CIB) has announced a commitment of CAD970 million (USD713 million) towards Ontario Power Generation (OPG’s) Darlington New Nuclear Project, in the bank’s largest investment in clean power to date. The Darlington New Nuclear Project will be a 300 MWe …
The IAEA International Ministerial Conference on Nuclear Power in the 21st Century opens this week in Washington DC, providing a global forum for ministers, policy makers and experts to discuss the contribution of nuclear power to climate change mitigation, energy security and sustainable development. IAEA Director General Rafael Mariano Grossi and US Secretary of Energy Jennifer Granholm …
A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021. REUTERS/Pascal Rossignol The new CEO-designate of France’s nuclear group EDF expects to meet output expectations set out by the country’s grid operator for December and …