With the rising price of oil and natural gas this year and supplies being embargoed from Russia, talk of nuclear power has increased substantially. Today we look at the commodity powering nuclear plants – uranium. Background Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as …
Polskie Elektrownie Nucleowe has applied to the President of the National Atomic Energy Agency (Panstwowa Agencja Atomistyki, PAA) for a general opinion on the planned verification of safety analyses for prospective nuclear power plants. Poland has plans for new nuclear power capacity in the coming years of up to 9 GWe, with the first unit online in …
Westinghouse’s technology portfolio includes the AP1000 (Image: Westinghouse) There is no credible net-zero scenario in which nuclear does not grow its capacity from today, global asset management company Brookfield said in a newly released White Paper. The worldwide drive to net zero is shining a spotlight on nuclear as a clean, safe and mature source …
Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Skyharbour has qualified to trade on the OTCQX® Best Market. Skyharbour upgraded to OTCQX from the OTCQB® Venture Market. Skyharbour begins trading today on OTCQX under the …
Clouds are seen over the cooling tower of the nuclear power plant Isar 2 by the river Isar amid the energy crisis caused by Russia’s invasion of Ukraine, in Eschenbach near Landshut, Germany, August 1, 2022. REUTERS/Ayhan Uyanik/File Photo E.ON’s Isar 2 nuclear power plant will go offline for a week’s maintenance from Oct. 21 …
Public Feedback Will Inform Guidance for Applicants of Nuclear Facilities Projected to Close Due to Economic Circumstances The U.S. Department of Energy (DOE) today released draft guidance for the second award cycle of the $6 billion Civil Nuclear Credit (CNC) Program, authorized by the President’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear …
Fiscal 2022 Growth, Balance Sheet, Projects, Resources, and ESG Highlights as of September 29, 2022: Industry leading growth with the two accretive acquisitions of Uranium One Americas, Inc. (“U1A”) and UEX Corporation (“UEX”). Acquired U1A for $125 million in cash, doubling U.S. production capacity in three key categories: total number of permitted In-Situ Recovery (“ISR”) …
The Biden administration’s top energy official said the U.S. will redouble its efforts to break free from its reliance on Russian nuclear fuel. Secretary of Energy Jennifer Granholm said the White House is prioritizing development of domestic uranium-enrichment capacity and predicted key legislators will fall in line, so that a fuel-manufacturing plan can be in …
Ontario Power Generation will also provide the province with an updated refurbishment feasibility assessment The Ontario government is supporting Ontario Power Generation’s (OPG) continued safe operation of the Pickering Nuclear Generating Station. At the Ontario government’s request, OPG reviewed their operational plans and concluded that the facility could continue to safely generate electricity. “Keeping Pickering …
Mitsubishi Heavy Industries’ next-generation nuclear power reactor could be in operation by the mid-2030s. (Illustration courtesy of Mitsubishi Heavy Industries) Company partnering with Kansai Electric and three other energy companies Mitsubishi Heavy Industries will work with four local power utilities, including Kansai Electric power, to develop a nuclear reactor with enhanced safety features. As the Japanese government considers …
