US needs upwards of 10 GW of added nuclear power in coming years, Southern Co CEO says

Chris Womack, CEO of Southern Company The U.S. will need upwards of 10 gigawatts of additional large nuclear capacity in the coming years, power provider Southern Company CEO (SO.N), opens new tab Chris Womack said at a Reuters conference on Thursday. Government incentives, including providing cost-overrun insurance, would be needed to grow the country’s nuclear industry, Womack …

Floating nuclear power plant to provide energy for Russian mining

The plant based in the Chukotka Autonomous region is set to be commissioned in 2028. The Baimsky project’s first of four floating nuclear power plants are set to be commissioned in 2028, according to Vladimir Aptekarev, the deputy head of Rosatom’s engineering division. The plants will supply energy to mining projects in the Chukotka Autonomous …

Ohi units cleared for another 10 years’ operation

Japan’s nuclear regulator has approved Kansai Electric Power Company’s long-term reactor management plan for units 3 and 4 of its Ohi nuclear power plant in Fukui prefecture, allowing the units to operate beyond 30 years. They become the first reactors to be permitted to operate up to 40 years under new legislation. Under regulations which …

India’s Nuclear Power generation capacity to increase by around 70 percent in the next 5 years”, says Union Minister Dr. Jitendra Singh

Installed capacity of 7.48 GWe to become 13.08 GWe by 2029: Dr. Singh Dr. Jitendra Singh says “Indigenous technology development and promoting energy security should be our priority” India’s Nuclear Power generation capacity is to increase by around 70 percent in the next 5 years”, says Union Minister Dr. Jitendra Singh while convening a high-level …

V.PTU Redefines Turnor Lake Project with Latest Technology and Advanced Data Integration

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced significant exploration advancements at its Turnor Lake project, located in the prolific Athabasca Basin of Northern Saskatchewan. After nearly 15 years since the last major drilling campaign, Turnor Lake is being revitalized with a completely fresh geological and geophysical outlook, positioning …

Millwright Regional Council – Canada And X-Energy Expand Strategic Partnership To Advance Small Modular Reactor Technology

Mark Beardsworth  The Millwright Regional Council – Canada (MRC) and X-energy Reactor Company, LLC (“X-energy”) have expanded a strategic partnership to advance Small Modular Reactor (SMR) technology. A memorandum of understanding (MOU) signed in 2022 has been expanded to include five new Provinces, the goal of this agreement is to increase awareness of the Xe-100 small …

T.NXE Advances Through Completeness Check for the Final Federal Environmental Assessment Process

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on June 21, 2024 the Canadian Nuclear Safety Commission (“CNSC“) concluded their 30-day completeness check of NexGen’s May 21, 2024 submission of responses to the remaining 49 technical review comments and revised Federal Environmental Impact Statement (“EIS“) for NexGen’s 100% owned Rook I Project …

Paladin acquires T.FCU, creating multi-asset uranium company

Australia-headquartered Paladin Energy Limited is to acquire Canadian uranium project developer Fission Uranium Corp in a transaction the companies say will create a “globally significant uranium company” listed on Australian and Canadian stock exchanges and will help advance Fission’s Patterson Lake South project towards production. The combination will mean shareholders of both companies will benefit …

Mitsubishi Heavy Moving Closer to Building New Reactor in Japan

Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus to develop more atomic power. Mitsubishi Heavy Industries Ltd. is almost finished designing its next-generation nuclear reactor, paving the way for construction to begin as Japan shifts its energy focus …

V.ISO Receives Conditional Approval to Graduate to the Toronto Stock Exchange and Announces Corporate Update

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and to list its common shares (the “Common Shares”) on the TSX. Final approval of the listing is subject to …