Southern Company subsidiary and TerraPower complete installation of Integrated Effects Test, a key milestone in development of Molten Chloride Fast Reactor

Project continues pathway of U.S. Department of Energy Advanced Reactor Concepts (ARC-15) program to promote design, construction and operation of Generation-IV nuclear reactors Southern Company, through its subsidiary Southern Company Services, and TerraPower have completed installation of the Integrated Effects Test, marking a crucial milestone in the development of TerraPower’s first-of-a-kind Molten Chloride Fast Reactor …

Lintilä welcomes Fortum’s decision to look into building nuclear power in Finland

Minister of Economic Affairs Mika Lintilä (Centre) was photographed at a plenary session of the Finnish Parliament in Helsinki on 27 September 2022. Lintilä on Monday welcomed news that Fortum is looking into building new nuclear power plants, be it small modular reactors or traditional larger ones, in Finland. (Markku Ulander – Lehtikuva) MINISTER of Economic …

German nuclear power extension wins Green minister’s endorsement

German Vice Chancellor Robert Habeck speaks during the German-Czech Economic Forum in Prague, Czech Republic, October 17, 2022. REUTERS/David W Cerny Economy Minister Robert Habeck on Tuesday endorsed the decision of Chancellor Olaf Scholz to use his executive authority to settle a long-running row within the coalition over extending the life of Germany’s three remaining …

Entergy’s nuclear fleet essential to meeting climate commitments

We are proud to celebrate Nuclear Science Week. NSW is an international, broadly observed week-long celebration to focus local, regional and international interests on all aspects of nuclear science. Nuclear Science Week is celebrated during the third week of October each year. Entergy Nuclear owns and operates a national fl­eet of five nuclear reactors in …

Nuclear-phase out strains German coalition

While Germany originally envisioned closing its last nuclear power plant by the end of this year, the current energy crisis and the possibility of blackouts during winter have since increased pressure on the government, especially on Greens, to change course. [EPA-EFE/RONALD WITTEK] Infighting in the German government between the Greens and the liberal FDP over …

Sweden’s new government to begin “immediate work” on nuclear expansion

The Ringhals nuclear power plant 30km south of Gothenburg (Tubaist/CC BY-SA 3.0) The newly installed government of Sweden will tell state-owned utility Vattenfall to build more nuclear reactors, energy news provider Montel reports. The government is made up of a coalition of three centre-right parties, who have finally hammered out an agreement after scoring a narrow …

U.UEC Completes Acquisition of the World-Class Development-Stage Roughrider Uranium Project From Rio Tinto

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that it has completed its previously announced acquisition of the Roughrider uranium development project (“Roughrider” or the “Project”) located in the Athabasca Basin in Saskatchewan, Canada (the “Transaction”) from a subsidiary of Rio Tinto plc (“Rio Tinto”). Under the terms of …

T.DML Announces History-Making Recovery of Uranium Bearing Solution from Phoenix ISR Feasibility Field Test

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has successfully recovered uranium bearing solution from the Phoenix in-situ recovery (“ISR”) Feasibility Field Test (“FFT”) underway at the Company’s 95% owned Wheeler River project (“Wheeler River” or the “Project”). View PDF version David Cates, Denison’s President & CEO, commented, “The successful …

T.CCO Announces Closing of US$747.6 Million Bought Deal Offering of Common Shares

Cameco today announced the closing of its previously announced bought deal offering of 34,057,250 common shares of Cameco, including the exercise in full of the underwriters’ option to purchase additional common shares, at a price of $21.95 per share, for gross proceeds to us of approximately $747.6 million (the “Offering”). We intend to use the …

Ameren Missouri expects $1.3B in Inflation Reduction Act tax credits will help offset customer rates by 4.5%

Ameren Missouri expects it will earn $1.3 billion in clean energy production tax credits from 2023 to 2032, largely from the Inflation Reduction Act, helping offset customer rates by 4.5%, on average, over that period, the utility said in an Oct. 12 filing at the Missouri Public Service Commission. Ameren Missouri expects to receive PTCs …