Most Australians want nuclear power to reduce emissions from coal-fired plants – but the Greens will never let it happen

Australians want to explore the option of nuclear power plants to help reduce the soaring cost of energy, according to a new survey, that found even Greens voters were backing the idea Survey shows that most Australians are open to having nuclear power plants  Coalition voters are the most in favour but even Greens and …

T.URE Reports Results of Annual General and Special Meeting of Shareholders and Appointment of Chairman of the Board

 Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the “Company” or “Ur-Energy”) announces the results of the Company’s Annual General and Special Meeting of Shareholders (“Shareholders Meeting”) held June 2, 2022, including the election of Directors. Each of the nominee Directors listed in the Company’s management proxy circular dated April 21, 2022 was elected as a Director. The Company …

NuScale Power Reaffirms Financial Outlook and Provides Business Update

Reports $383.7 million of total capital available to fund strategic growth plan, including upsized $341 million raised through successful merger with Spring Valley Acquisition Corporation Maintains significant commercial momentum year-to-date with three new active engagements in the United States and Europe, expanded coalition of strategic partners and investors in the U.S., South Korea and Japan, …

Gov’t earmarks $321 million to foster small nuclear reactor biz

The government will spend 399.2 billion won ($321 million) over the next six years to foster small modular reactor (SMR) businesses. The plan to develop the country’s new growth driver has gained serious traction after passing the government’s feasibility test which is required for large, long-term state-run projects, the science and industry ministries said Wednesday.SMRs …

NuScale makes public debut but requires ‘a lot of financing’ to launch small nuclear reactor in 2029

The meltdown of the Fukushima nuclear power plant in 2011 essentially put the nail in the coffin of the construction of big nuclear power plants with similar technologies in the U.S., according to nuclear proponents and watchdogs. That disaster, along with earlier accidents, ongoing delays and cost overruns at the Vogtle nuclear plant in Georgia, …

Xcel Energy aims to produce carbon-free hydrogen by 2024 with new pilot

Xcel Energy has begun work at the Prairie Island Nuclear Plant on a project that could expand business and aid the company’s 2050 carbon neutrality goal. Xcel says the pilot, for which the U.S. Department of Energy allocated $12 million, will create the potential for Prairie Island to use excess carbon-free nuclear energy to make …

South Bohemia Nuclear Park founded

A development of small modular reactors (SMRs) at the Czech Republic’s Temelín nuclear power plant would be known as the South Bohemia Nuclear Park, according to a memorandum to set up the park signed by the utility ČEZ, the South Bohemian government, and the UJV Rez research organisation. While the Czech government supports ČEZ’s plans …

Energoatom borrows USD51 million to buy extra Westinghouse fuel

Ukraine’s Energoatom has taken a UAH1.5 billion (USD51 million) loan from Ukrgasbank to buy more nuclear fuel from Westinghouse. It follows the energy giant’s decision to stop using Russian fuel earlier this year. In a statement Energoatom said “the borrowed funds will increase the purchase of American fuel and ensure the efficient operation of Ukrainian …