Welsh Government backed company sets out plans for new nuclear power plant at Trawsfynydd

A development company backed by the Welsh Government says it is embarking on a programme to bring small modular reactor (SMR) technology to the site of the decommissioned nuclear power plant at Trawsfynydd. Cwmni Egino is wholly owned by the Welsh Government and was established last year to develop a new reactor at the Trawsfynydd …

PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction

Capacity prices across most of the PJM Interconnection fell 32% to a 10-year low of $34.13/MW-day from $50/MW-day in the previous auction, possibly reflecting recent rule changes, the grid operator said Tuesday. PJM bought 144,871 MW of capacity for the capacity year that starts June 1, 2023, for $2.2 billion, down from $4 billion in the last …

T.UEX Closes C$5.0 Million Private Placement With Uranium Energy Corp.

UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the completion of its $5 million private placement (the “Private Placement”) with Uranium Energy Corp. (“UEC”) previously announced on June 13, 2022. The Private Placement consisted of a total of 11,627,907 common shares of the Company (“Common Shares”) issued to UEC at a price of …

Energoatom, Westinghouse discuss construction of new nuclear power units in Ukraine

Ukraine’s National Nuclear Energy Generating Company Energoatom and U.S.-based Westinghouse have discussed bilateral cooperation, including the preparation of regulatory documentation for the construction of new nuclear power units using AP1000 technology in Ukraine. According to Ukrinform, the press service of the Ukrainian company said this in a statement posted to messaging app Telegram. According to the …

T.NXE Announces Submission of the Rook I Project Environmental Impact Statement

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce a major milestone in the advancement of regulatory approvals for the 100% owned Rook I Project (“Rook I” or the “Project”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“ENV”) and the …

Nuclear industry hopes to expand output with new reactors

In this photo taken with a slow shutter speed, taillights trace the path of a motor vehicle at the Naughton Power Plant, Thursday, Jan. 13, 2022, in Kemmerer, Wyo. While the power plant will be closed in 2025, Bill Gates’ company TerraPower announced it had chosen Kemmerer for a nontraditional, sodium-cooled nuclear reactor that will …

T.FCU Signs Engagement and Capacity Agreement With Ya’thi Néné Lands and Resources Office

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an engagement and capacity agreement (the ” Agreement “) with the Ya’thi Néné Lands and Resources Office (” YNLR “), which represents the Athabasca Nations and Communities of the Nuhenéné. Fission’s PLS project (the ” PLS Project “) in the Athabasca Basin is within the Athabasca Denesųłiné territory …

T.GLO Forms Dasa Project Financing Syndicate

Global Atomic Corporation (“Global Atomic” or the “Company”) is pleased to announce that the Company has now received Letters of Intent from a banking syndicate to finance the Dasa Uranium Project in Niger.  The syndicate is comprised of North American financial institutions and includes the previously announced indication from Export Development Canada.  The names of all …

EDF study confirms very low carbon nature of nuclear

Each kilowatt-hour (kWh) of electricity produced by EDF’s reactor fleet in France emits the equivalent of less than 4 grams of carbon dioxide (CO2), according to a life cycle analysis (LCA) published by the company. The analysis shows most of these emissions occur in the upstream phases of the life cycle. EDF said the study – published …

Appropriations Committee Releases Fiscal Year 2023 Energy and Water Development, and Related Agencies Funding Bill

Legislation lowers costs for working families, creates good-paying jobs, invests in clean energy, and rebuilds water infrastructure WASHINGTON — The House Appropriations Committee today released the draft fiscal year 2023 Energy and Water Development and Related Agencies funding bill, which will be considered in subcommittee tomorrow. The legislation funds agencies and programs in the Department …