Cryptocurrency mining is hugely energy intensive, and with the United States now the leading source of Bitcoin production, companies are looking to nuclear plants to power their operations The global Bitcoin mining network consumed an estimated 67TWh of electricity in 2020, according to Cambridge university’s Bitcoin Electricity Consumption Index (BECI). This has already been surpassed …
PARIS, Jan 6 (Reuters) – The French government expects plans for new nuclear reactors should be submitted around 2023 with a target date of 2035-37 for the reactors to go online, junior environment minister Berangere Abba was quoted as saying in French daily Le Figaro. She said the new reactors would be EPR2 models, improved …
Jan 6 (Reuters) – United States-based Energy Fuels Inc (UUUU.A) said on Thursday it could start producing 500,000 pounds annually of uranium within six months if prices for the nuclear fuel rise due to the political unrest in Kazakhstan. Energy Fuels says its production could then ramp to 2.5 million pounds annually within 18 months if spot prices, which …
France is considering a plan to allow electricity producers to burn more coal after the nation’s grid operator warned of possible power shortages. The government may raise the annual cap on running coal-fired power stations, plugging a potential gap in supply as an unusually high number of nuclear reactors halt for maintenance just as the coldest months get under way. The country’s three remaining coal units may …
On January 5, 2022, Energoatom’s senior managers held an online meeting with representatives of the British company Rolls-Royce, during which the latter showcased the UK SMR technology. Rolls-Royce representatives briefed the Ukrainian side on plans to build 16 UK SMR power units in the UK by 2050. The UK SMR project is expected to be …
The EU is in the final stages of honing its green finance rules and a leaked draft proposing that nuclear and gas should receive the label for the transition has prompted complaints from Berlin. But positions differ even inside the new German coalition government The EU sustainable finance taxonomy is a long, detailed list of …
TORONTO, Jan. 4, 2022 /CNW/ – Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey (‘BST”), following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira. As a matter of …
Electricite de France SA said the recent surge in power prices and President Emmanuel Macron’s decision to build new nuclear reactors could help drive efforts to reform the regulation of its atomic output. France hopes to obtain more favorable rules from the European Union for state-controlled EDF, but talks stalled last year over concessions the …
The Wyoming Energy Authority and the University of Wyoming School of Energy Resources presented a recent webinar titled “Advanced Nuclear 101” to provide expert information and to answer questions involving the proposed Natrium nuclear plant to be built near Kemmerer. Expert testimony was provided by Dr. Steve Aumeier, senior advisor at the Idaho National Laboratory; …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company” or “Skyharbour”) is pleased to announce the appointment of Dr. Andrew J. Ramcharan (Ph.d., P.Eng, FAusIMM), a well known and respected global Mining Executive, as Senior Vice President of Corporate Development. Jordan Trimble, President and CEO of Skyharbour stated: “We are excited to have Dr. Ramcharan join us at Skyharbour …
