Company announces rights issue to plug balance sheet Nuclear outages seen reducing core profit by 11 bln euros Selling power below market prices means an 8 bln euro hit The French state said on Friday it will inject around 2.1 billion euros ($2.39 billion) into EDF (EDF.PA) to ease the financial pain inflicted by nuclear reactors going …
New York passed a law in 2019 requiring the state to eliminate carbon dioxide emissions from power plants by 2040. But over the last two years, the exact opposite has happened: CO2 from power plants has climbed nearly 15 percent, according to EPA data. New York’s experience is hardly unique. In neighboring New England, where …
Today, the Canadian Nuclear Safety Commission (CNSC) announced the Commission’s decision to renew the Class IB nuclear fuel facility licence held by Cameco Corporation (Cameco) for its Blind River Refinery, located south of the Mississauga First Nation community and approximately 5 kilometres west of the Town of Blind River in Ontario. This decision follows a …
Today, the Canadian Nuclear Safety Commission (CNSC) announced its decision to renew, for a period of 1 year, the nuclear fuel facility licence held by Cameco Corporation (Cameco) for Cameco Fuel Manufacturing Inc. (CFM), located in the Municipality of Port Hope, Ontario, and on the traditional territory of the Mississauga Anishnaabeg, Wendat, and the territory covered …
Duke Energy Corp. is working with some of the biggest names in new nuclear technology as it considers future investments in small-scale reactors to help advance its clean-energy push. “We are spending time with small modular reactors and with advanced nuclear with storage capability,” Chief Executive Officer Lynn Good said Thursday in an interview with …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to provide the following letter to its shareholders on the outlook for the Company in 2022 from President and CEO, Amir Adnani. Dear Shareholder, 2022 begins with the highest uranium price in a decade and a positive global outlook for nuclear energy not …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce multiple intersections of high-grade uranium mineralization beyond the previously defined extents of the high-grade domain in the Phase 1 area of the Zone A portion of the Phoenix uranium deposit (“Phoenix”) at the Company’s effective 95%-owned Wheeler River Uranium Project (“Wheeler River” …
Brief: The Department of Energy (DOE) will spend $6 billion on a program designed to keep nuclear power plants from closing, according to a notice of intent published last week. The department’s Civil Nuclear Credit Program is backed by funding from the bipartisan Infrastructure Investment and Jobs Act signed into law in November. The program will …
Smoke rises from a chimney at the Bugey Nuclear Power Plant in Saint-Vulbas, France, on Jan. 25. A dispatch from a possible 2072. The year is 2072. Any hope of limiting global warming to 1.5 degrees Celsius is long dead. Earth’s mean temperature is about 2.1 degrees Celsius above preindustrial levels—and climbing still, with human …
The Government of the Russian Federation will allocate about RUB100 billion ($1.3bn) for new nuclear projects, Prime Minister Mikhail Mishustin announced on 11 February. Projects for the creation of new nuclear power facilities will receive about RUB56 billion from the National Wealth Fund (NWF), another RUB40 billion will be allocated from the budget. “We have …
