The Biden administration wants the United States to triple the global supply of nuclear power, with American-designed reactors running on fuel enriched in the West. The goal: Usurp Russia’s near monopoly on atomic energy exports, and keep China from gaining control of yet another green energy industry. But there’s one big problem: The U.S. isn’t …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended March 31, 2024. The Company’s Quarterly Report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar, on the …
The governments of the Canadian provinces of Alberta and Saskatchewan have signed a memorandum of understanding to advance the development of nuclear power generation in support of both provinces’ need for affordable, reliable and sustainable electricity grids by 2050. The MoU will support collaboration and information sharing on key areas of nuclear power generation, including …
The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost domestic capacity to process uranium fuel, the outgoing top nuclear energy official told Reuters. The U.S. Senate passed legislation on Tuesday that bans the imports …
The emergence of new advanced modular reactors and new vessel concepts has elevated nuclear power as a viable option for the production of green fuels Over the last few years, the conversation around nuclear power has grown, intensified by societal pressures to meet climate agreement goals and underpinned by advancements in small modular reactors (SMRs) …
Data center developers in Northern Virginia are asking utility Dominion Energy Inc. for as much power as several nuclear reactors can generate, in the latest sign of how artificial intelligence is helping drive up electricity demand. Dominion regularly fields requests from developers whose planned data center campuses need as much as “several gigawatts” of electricity, …
The move could set uranium prices up for a return to $100 a pound or more: analyst A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices back above $100 a pound for the nuclear fuel which has been tight on supplies. “The Russia …
US company Holtec International has established a wholly-owned subsidiary aiming to “energise the presently placid business sector of modification and maintenance”, with the initial project being the restart of the Palisades plant. Holtec Maintenance & Modification International (HMI) is based in Chattanooga, Tennessee, and is being headed by Christopher Bakken. In its statement announcing the …
The agreement between the municipality of South Bruce and Canada’s Nuclear Waste Management Organization (NWMO) was signed following a vote by the municipality’s council on 1 May. The area is one of two potential host sites for a deep geologic repository selected in a process launched by the NWMO in 2010. The NWMO is tasked …
The Group of Seven (G7) nations have committed to support the use of nuclear energy in those countries that opt to use it, a communique released at the end of the G7 Ministerial Meeting on Climate, Energy and Environment in Turin, Italy, says. “Those countries that opt to use nuclear energy or support its use recognise its …