IAEA Grossi at Davos: Nuclear Power, Climate Change and Ukraine

IAEA Director General Rafael Mariano Grossi was joined by Ukrainian Member of Parliament Alona Shkrum, Royal United Services Institute Director-General Karin von Hippel, and Munich Security Conference Chairman Wolfgang Ischinger on the ‘States of Concern’ panel event, moderated by Carnegie Endowment for International Peace Distinguished Fellow Moises Naim. Nuclear provides the opportunity for a faster transition …

T.EFR Announces Election of Directors

Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), the leading uranium producer in the United States, announces the results of the election of directors at its annual meeting of shareholders (the “Meeting“) held virtually on May 25, 2022. The ten (10) nominees proposed by management for election as directors were elected by the shareholders of …

Hyundai E&C, Westinghouse join hands to build nuclear power plants

Hyundai Engineering & Construction has signed a strategic cooperation agreement with the nuclear power industry leader Westinghouse Electric Company to jointly build next generation nuclear power plants. This is the first time that a Korean firm has formed a partnership with the US nuclear power company. Under the agreement, Hyundai Engineering & Construction will be …

Philippines May Restart Bataan Nuclear Plant Project

Ferdinand Marcos Jr., son and namesake of longtime Filipino president Ferdinand Marcos Sr., was elected as president of the Philippines on May 9.  Marcos Jr., known as Bongbong, has said nuclear power will be a priority for his administration. Source: Wikipedia The winner of the Philippines’ presidential election earlier this month has made another move …

NuScale Power Signs Agreement with Nuclearelectrica and Owner of Preferred Site for First SMR Site in Romania

NuScale Power LLC (“NuScale”) announced today a Memorandum of Understanding (“MOU”) with Romania’s state nuclear power corporation S.N. Nuclearelectrica S.A. (“Nuclearelectrica”) to conduct engineering studies, technical reviews, and licensing and permitting activities at a site in Doicesti, Romania that is the preferred location for the deployment of the first NuScale VOYGR™ power plant. The announcement, …

Shin Hanul Unit 1 Starts Operation

Korea Hydro & Nuclear Power (KHNP) announced on May 22 that unit 1 of the Shin Hanul nuclear power plant, located in Uljin, North Gyeongsang Province, achieved criticality for the first time at 11 a.m. on May 22.  A reactor goes critical when each fission event releases a sufficient number of neutrons to sustain an ongoing series of reactions. …

Rolls-Royce to be ‘major energy exporter’ as new reactors destined for EU ‘with UK stamp’

European countries have been scrambling to end their reliance on Russian gas since Vladimir Putin invaded Ukraine on February 24. Aside from exposing the EU’s dependence on Moscow’s energy exports, the war also aggravated an already crippling energy crisis as the wholesale costs of oil and gas skyrocketed. In a bid to slash electricity bills and boost energy security, European countries …