The Philippines’ Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970s oil crisis. Approved by former dictator Ferdinand Marcos Sr., his son and new President Ferdinand Marcos Jr. has revived discussions on proposals …
Ansaldo Nuclear has been awarded a contract for the installation of key connections between existing and new facilities at the Sellafield site in Cumbria, England. It is the first contract awarded under Sellafield Ltd’s Programme and Project Partners new goods and services agreement. Under the contract – the value of which has not been disclosed …
German Chancellor Olaf Scholz has raised the possibility of lengthening the life of the country’s nuclear power stations. Berlin’s decision to get rid of the plants has come under question amid energy security concerns. The German chancellor on Wednesday said it might make sense to extend the lifetime of Germany’s three remaining nuclear power plants. Germany …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the substantial completion of extensive metallurgical test work to define the mechanical components for the planned Phoenix processing plant (the “Phoenix Plant”), as part of the Feasibility Study (“FS”) underway for the Company’s 95% owned Wheeler River project (“Wheeler River” or the “Project”). In addition, the metallurgical …
Georgia Power announced today a historic milestone in the completion of Vogtle Unit 3 near Waynesboro, Ga. – the receipt of the 103(g) finding from the Nuclear Regulatory Commission (NRC). This finding was confirmed in an official letter received by Southern Nuclear and signifies that the new unit has been constructed and will be operated in …
Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and six months ended June 30, 2022. Management commentary “Assets Under Management (“AUM”) were $21.9 billion as at June 30, 2022, down $1.7 billion (7%) from March 31, 2022 and up $1.5 billion (7%) from December 31, 2021. While our …
Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce it has submitted an offer to supply the U.S. Department of Energy – National Nuclear Security Administration (“NNSA”) in response to the U.S. government uranium tender to launch the national Uranium Reserve. The program was designed as a 10 year, $10 billion …
Nearly four decades after the Tennessee Valley Authority abandoned construction of more than half of the nuclear plants it once planned to build, the federal utility is moving forward again with plans to pursue the next generation of nuclear power. The federal utility said Tuesday it has an agreement with a nuclear manufacturer to pursue …
Germany’s last few remaining nuclear reactors could keep operating through the winter even though they are poised to close permanently by the end of this year, according to industry group Kerntechnik Deutschland. It’s possible that the three plants could generate power until spring in what’s known as ‘stretch-out mode’ that allows them to run at …
Finance Minister Christian Lindner has warned that Germany’s gas crisis could spark an electricity shortage. Despite opposition from his Green coalition partner, he is pushing for a delayed phaseout of nuclear power. The Isar-II reactor in Bavaria is due to be decommisioned at the end of the year German Finance Minister Christian Lindner on Sunday called …
