Energy Resources of Australia said on Friday the Northern Territory government has rejected its request to renew the uranium mining lease for the Jabiluka deposit. The company, in which Rio Tinto has a majority stake, had applied to extend the lease for another 10 years, with the current lease due to expire in August. The Jabiluka uranium deposit, near …
Spain’s Nuclear Safety Council (CSN) has approved the extension of the operating license of the 1,000 MW (1,066 MW gross) Trillo nuclear power plant for a 10-year period. The Trillo nuclear power plant is located in the province of Guadalajara (Spain) and is set to celebrate 40 years of operation in 2028, when it will enter into Long-Term Operation (LTO) status. …
The 200-MW Bronco Plains II wind farm in Kit Carson County, Colorado, owned by NextEra Energy Resources. The company signed deals for more than 3 GW of renewable energy during the second quarter, including an 860 MW agreement with Google. Courtesy of Holy Cross Energy NextEra Energy’s development arm signed deals for more than 3 GW of renewable …
The latest update came during a Congressional hearing this week. Palisades, likely to become the U.S.’ first shut-down nuclear power plant to be recommissioned, is on track to restart in August 2025, according to an update from the top U.S. nuclear regulatory official. U.S. Nuclear Regulatory Commission (NRC) Chair Christopher Hanson told U.S. Rep. Tim …
KEY POINTS NextEra is looking at restarting the Duane Arnold Energy Center in Iowa, CEO John Ketchum said. The Duane Arnold plant ceased operations in 2020 after 45 years of service. Demand for nuclear power is growing as the tech sector and utilities scramble for carbon-free energy. NextEra Energy is considering restarting a nuclear plant in …
Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo Purchase Licensing Rights The United States is working with Ukraine on a roadmap for its post-war energy …
Uranium Price Holds Steady: The uranium spot price has remained range-bound between $85 and $95 per pound,1 and ended the first half at $85.34 (June 30, 2024). Miners Outperform Commodity: Although miners fell in June, they bounced back in early July, outperforming the commodity year-to-date. Tax Hikes Weaken Incentives: Kazakhstan, the world’s largest uranium-producing country, announced a surprise tax …
Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July …
In a big announcement, the private sector has been allowed to partner in setting up nuclear plants for the first time. India’s atomic energy got a positive nudge today with Finance Minister Nirmala Sitharaman saying, “Nuclear energy is expected to form a very significant part of the energy mix for Viksit Bharat.” India is now …
The purpose of the agreement is twofold – to explore and consider in the medium term co-investment opportunities in the construction of Small Modular Reactor (SMR) nuclear power plants, partly to cover the needs of the steel industry, and to consider opportunities for the medium-long term supply of nuclear energy, primarily by means of the …
