Cameco (TSX: CCO; NYSE: CCJ) announced that the acquisition of Idemitsu Canada Resources Ltd.’s (Idemitsu) 7.875% participating interest in the Cigar Lake Joint Venture by Cameco and Orano Canada Inc. (Orano) closed today. Cameco’s ownership stake in the Cigar Lake uranium mine in northern Saskatchewan now stands at 54.547%, 4.522 percentage points higher than it …
Newly released polling shows strong local support for extending the operations of the Diablo Canyon Nuclear Power Plant, California’s largest source of carbon free energy generation. Statewide support for extending operations of the plant was also strong, according to the poll conducted by FM3 Research. Gov. Gavin Newsom recently announced his intent to explore options to continue operations at the Diablo Canyon …
Construction of unit 4 at the Xudapu nuclear power plant in China’s Liaoning province has officially got under way with the pouring of first concrete for the reactor’s nuclear island. The unit is the second of two VVER-1200 reactors at the site to be supplied by Russia. In June 2018, Russia and China signed four …
FINLAND’S government is under increasing pressure from its population to support nuclear power after agreeing to join NATO. Finland hails ‘historic day’ as it seeks to join Nato We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd …
The Magnox reprocessing plant at Sellafield will end its operations in July, marking the completion of the UK Nuclear Decommissioning Authority’s (NDA) Magnox Operating Programme. The plant, which began operations in 1964, had been scheduled to close in 2020 but disruption caused by the COVID-19 pandemic meant the schedule was moved back. The plant …
South Korea’s SK Group has signed a Memorandum of Understanding (MoU) with TerraPower of the USA to jointly develop “next-generational technologies” needed for small modular reactors (SMRs). The MoU was signed on 17 May in Seoul by SK Inc Vice Chairman Jang Dong-hyun, SK Innovation Vice Chairman Kim Jun and TerraPower CEO Chris Levesque. SK said …
Dive Brief: Duke Energy has identified two potential pathways, including four final portfolios, that would enable the 70% carbon reduction required by state law in North Carolina by 2030. Each of the plans would see all coal power plants retired by 2035, add 3,700-5,900 MW in new renewable energy resources, and lay the groundwork for the eventual dispatch of …
Manchin: It’s imperative that America increases responsible energy production to contribute to a strong North American Energy Alliance Today, U.S. Senator Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, delivered the following remarks during a full committee hearing to examine ways to strengthen the energy and mineral partnership between the U.S. …
Two utility industry trade groups have asked for more time for their members to consider applying for funds under a new federal program to stop nuclear generators from shutting down. Edison Electric Institute and Nuclear Energy Institute made the request to Energy Secretary Jennifer Granholm in a letter sent on Monday. Under the program, which …
Idaho National Laboratory (INL) has been identified as the preferred site for the construction and operation of the sodium-cooled fast neutron reactor in the Final Environmental Impact Statement (FEIS) released by the US Department of Energy (DOE). The Versatile Test Reactor (VTR) will be used to provide a source of fast neutrons for testing and …
