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 …

Linglong One reactor pit installed at Changjiang

The steel reactor pit has been installed for the ACP100 multi-purpose small modular reactor (SMR) demonstration project at China’s Changjiang NPP on the island province of Hainan China National Nuclear Corporation (CNNC) said. The 4.85-tonne reactor pit was installed on 7 April in an operation lasting 40 minutes. The steel pit was designed and manufactured …

OTC Markets Group Welcomes U.U to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Sprott Physical Uranium Trust (TSX: U.UN/U.U; OTCQX: SRUUF), has qualified to trade on the OTCQX® Best Market. Sprott Physical Uranium Trust upgraded to OTCQX from the OTCQB® Venture Market. Sprott Physical Uranium Trust begins trading today on OTCQX under the …

V.PTU Closes its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) has announced the closing of its brokered private placement (the “Private Placement”) previously announced on March 14, 2022, with Red Cloud Securities Inc. (“Red Cloud”) pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued …

Guangdong plans to build nuclear power industrial parks to ensure energy security

South China’s Guangdong Province, a major manufacturing hub, released its 14th Five-Year Plan (2021-25) for energy on Wednesday, vowing to promote the development of clean energy while ensuring energy security. According to the plan released by the provincial government, Guangdong will develop the nuclear energy industry, with new nuclear power industrial parks to be built …

EGA plans shift to nuclear and solar for aluminium production as demand soars

Exclusive: a massive move to sustainability is driving the UAE’s industrial sector focus, says chief executive of Dubal Holding, which owns 50 per cent of EGA Emirates Global Aluminium (EGA), the UAE’s biggest industrial company outside the oil and gas sector, will soon make a complete shift to nuclear and solar energy to produce aluminium, …

French presidential election: Future of nuclear power and EDF down to voters

Both Emmanuel Macron and Marine Le Pen, the candidates that qualified for the second round of the French presidential election, support the revival of nuclear energy. However, they differ in their ambitions, strategies and modus operandi. EURACTIV France reports. EDF, the French multinational electric utility company, is looking to diversify its energy sources – in particular, focusing …