France defends its ‘big nuclear adventure,’ says it is influenced by geopolitics

KEY POINTS French Finance Minister Bruno Le Maire told CNBC on Friday that the country’s decision to bet big on nuclear power was driven by geopolitical concerns and the desire to achieve “total energy independence. The move controversially places atomic power at the center of France’s bid to achieve carbon neutrality by the middle of …

DOE Establishes $6 Billion Program to Preserve America’s Clean Nuclear Energy Infrastructure

DOE Seeks Public Input on Executing the Bipartisan Infrastructure Law’s Civil Nuclear Credit Program to Ensure Continued Operation of Clean, Reliable Nuclear Energy WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today released a Notice of Intent (NOI) and Request for Information (RFI) on the implementation of the Bipartisan Infrastructure Law’s $6 billion Civil Nuclear Credit Program. The nuclear credit …

K-3 nuclear power plant set to commence operations by March

ISLAMABAD: Pakistan’s 7th Nuclear Power Plant, commonly known as K-3, is in the final stages of commissioning and after operational and safety tests, the plant is likely to start commercial operation by next month, Pakistan Today has learnt. Official sources say that with the commissioning of K-3 and decommissioning of K-1, the total installed capacity …

TVA Unveils Major New Nuclear Program, First SMR at Clinch River Site

The Tennessee Valley Authority (TVA) will invest in a major program that will explore the construction of multiple advanced nuclear reactors—starting with a GE-Hitachi BWRX-300 small modular reactor (SMR) at its Clinch River site in Tennessee. TVA Board members during a meeting on Feb. 10 unanimously approved TVA’s “New Nuclear Program,” a broad new initiative …

EDF Signs an Exclusive Agreement to Acquire Part of GE Steam Power’s Nuclear Activities

Proposed transaction would strengthen EDF’s leadership in the French nuclear sector with GE’s technology and services in nuclear conventional islands, including its Arabelle steam turbines Furthers GE’s continued efforts to focus its portfolio; GE retains services-focused Steam Power business, including nuclear services in the Americas, and GE-Hitachi Nuclear Energy Paris, 10 February 2022 – EDF and …

Announcing new reactors, Macron bets on nuclear power in carbon-neutral push

French President Emmanuel Macron visits a nuclear turbine factory in Belfort, eastern France, on February 10, 2022. © Jean-François Badias, AFP France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country’s drive for carbon neutrality by 2050 Macron said the new …

U.U Files Inaugural Regulation S-K 1300 Technical Report Summary Disclosing Resources for Its Reno Creek, Wyoming, Project

 Uranium Energy Corp (NYSE American: UEC; “UEC” or the “Company”) is pleased to announce that it has filed a Technical Report Summary (“TRS”) on EDGAR disclosing mineral resources for the Company’s Reno Creek Project located in Campbell County, Wyoming. Background and highlights: As a U.S. domestic and domiciled company, UEC will now be reporting all mineral …

T.CCO Reports Q4/Annual Results

Cameco announces 2021 financial results; 50% increase to 2022 dividend aligned with 70 million pounds of long-term contracting and improving market fundamentals; Next phase of its supply discipline begins while awaiting further market improvements and contracting progress Saskatoon, Saskatchewan, Canada, February 9, 2022 Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results …

Nuclear power increasingly popular as energy costs, supply chain issues mount under Biden

The cooling towers of the still-under-construction Plant Vogtle nuclear energy facility are seen, March 22, 2019 in Waynesboro, Ga. Nuclear power is getting a second look from congressional lawmakers as energy costs soar across the country, supply chain problems continue and President Biden pushes a robust climate change agenda to curb greenhouse gas emissions by …