Kairos Power Joins With Bruce Power, Constellation, Southern Company and TVA to Form Advanced Nuclear Development Consortium

April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include: Bruce Power, Canada’s only private sector nuclear …

With six weeks until shutdown, Whitmer calls for bailout of Palisades Nuclear Plant

Michigan Gov. Gretchen Whitmer is looking to tap a newly created federal nuclear power plant bailout fund to keep Palisades Nuclear Plant open. The Entergy Corp.-owned, 800-megawatt reactor five miles south of South Haven is scheduled to retire for good at the end of May. The shutdown removes a substantial power source from the grid, as Palisades …

Biden administration launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to …

V.PTU Discovers 1.2 Kilometres of Continuous Radioactivity North of the Osprey Zone at its Red Willow Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of its winter drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The winter drilling has defined a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic (EM) conductor. …

T.GLO Corporate Update

  Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to report the latest corporate developments including drilling results and project financing progress. Stephen G. Roman, President and CEO commented, “Global Atomic continues to move forward on developing and expanding the Dasa Project.  The recent drilling continues to enhance …

Two units of the first overseas project for HPR1000 enter operation

On April 18, the second unit of HPR1000 overseas, K3 unit in Karachi, Pakistan, passed the temporary acceptance. By this time, the two units of the first overseas project of HPR1000 are in operation. The construction of HPR1000 Projects in Pakistan epitomizes the deepening comprehensive strategic cooperative partnership between China and Pakistan in the New Era, and …

Can Kazakhstan Become Carbon Neutral by 2060?

If the necessary policies are implemented, the goal of carbon neutrality by 2060 is ambitious, but achievable. During an April interview with The Astana Times, Judy Kuo, chargé d’affaires at the U.S. embassy in Nur-Sultan, discussed Kazakhstan’s plans to become carbon neutral by 2060. Kuo highlighted how “Kazakhstan is blessed with abundant natural resources that are …

Could we see a nuclear power renaissance?

Nuclear power is a controversial but essential energy source, and may enjoy a renaissance in some regions amid energy security and climate change concerns. Actual disasters and the threat of one have made nuclear an uncomfortable energy choice, yet it still provides about 10% of global electricity supplies. Despite the risks involved, as well as …

With Palisades shutdown, Michigan loses ‘clean’ power producer

 A little more than a month away from Palisades Nuclear Plant’s retirement date, the community is in the middle of an effort to quantify the plant closure’s impact on their economy — and on the electric grid. When the 811-megawatt plant goes offline May 31, Consumers Energy, which buys power from the Entergy-owned plant, will lose a …