T.CCO Announces $500 Million Debenture Offering by Private Placement

Cameco (TSX: CCO; NYSE: CCJ) announced today that it has priced a private placement of senior unsecured debentures (the “Offering”) consisting of $500 million principal amount of 4.94% Senior Unsecured Debentures, Series I maturing on May 24, 2031 (the “Series I Debentures”). The closing of the Offering is expected to take place on May 24, 2024. …

Rules on use of nuclear power could be revised if public agrees: minister

National Development Council Minister Kung Ming-hsin speaks at a meeting of the legislature’s Economics Committee in Taipei yesterday. Photo: Fang Pin-chao, Taipei Times The government could revise the rules on the use of nuclear power, if the public agrees, to meet electricity needs to drive economic growth and industrial development, National Development Council (NDC) Minister …

Norsk Kjernekraft focuses on off-grid SMR projects

Under a new business plan, Norwegian nuclear project developer Norsk Kjernekraft says it plans to construct off-grid small modular reactors in industrial areas where both reliable power and access to heat are needed. The company noted that estimates of future energy demand in Norway vary from 50 TWh to 233 TWh. However, it says the …

BN-1200 plans clear environmental hurdle

The Russian environmental regulator Rosprirodnadzor has approved the plans for a BN-1200M fast sodium reactor at the Beloyarsk nuclear power plant. According to Rosatom, Rosprirodnadzor said that its investigations showed that “there is no significant impact on the environment” and the project meets the requirements of environmental legislation. The response will be included in documents submitted to …

Uganda looks to potential uranium production

The Government of Uganda is hosting an International Atomic Energy Agency (IAEA) Integrated Uranium Production Cycle Review mission as it reviews its potential to produce uranium to support its plans for 24,000 MWe of nuclear capacity. IAEA Integrated Uranium Production Cycle Review (IUPCR) missions are designed to assist IAEA member countries in the development of …

AI’s Critical Impact on Electricity and Energy Demand (T.U.UN)

The expansion of AI technologies and data centers is paving the way for a dramatic increase in electricity usage, presenting both obstacles and prospects for global energy networks. As AI technologies require more stable and substantial power sources, nuclear energy emerges as a prime candidate, offering sustainable, reliable energy that supports global clean energy goals. …