NIA Welcomes Labour Promise to Back New Nuclear Projects

The Nuclear Industry Association has welcomed the Labour Party’s support for new nuclear projects as part of its Great British Energy plan, including getting Hinkley Point C and Sizewell C over the line, extending the lifetime of existing plants, and backing Small Modular Reactors. In response, Tom Greatrex, Chief Executive of the Nuclear Industry Association, …

US companies join up to lower nuclear investment costs

Duke Energy, Amazon, Google, Microsoft and Nucor have signed agreements on proposed tariffs that would lower the costs of investing in clean energy technologies like new nuclear as they explore new and innovative approaches to support carbon-free energy generation and help utilities serve the future energy needs of large businesses in North Carolina and South …

New Big Nuclear Reactors Get Support From Biden Administration

The White House is throwing its weight behind building large-scale nuclear reactors to help mitigate industry risk associated with the construction of power plants that can cost tens of billions of dollars. During a White House summit on domestic nuclear deployment, the Biden administration announced it is forming an expert group to focus on supporting …

From Virginia To Alaska, Gov. Mark Gordon Touts Wyoming’s Nuclear Revolution

Wyoming Gov. Mark Gordon has been going national this month pushing Wyoming’s desire to be ground zero for America’s next nuclear revolution, from Virginia to Alaska. Just over two weeks ago, Gordon jetted off to southwestern Virginia to see firsthand the corporate headquarters of BWX Technologies Inc. and discuss the company’s collaboration with the Cowboy …

T.NXE Announces Additional Mineralization Discovered at Patterson Corridor East, Assays from RK-24-183 and Commencement of Expanded Summer Exploration Program

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce drilling at Patterson Corridor East (“PCE“) has intersected mineralization in RK-24-193 over 67.5 metres (m) (383.5 to 451 m) across various intervals including up to 7,500 cps over 1.5 m (Figures 1 to 4, Table 1). RK-24-193 is located 275 …

NRA OKs 60-year operations for 2 more reactors at Takahama plant

The No. 3 reactor, left, and No. 4 reactor at the Takahama nuclear power plant in Takahama, Fukui Prefecture (Toshiyuki Hayashi) The Nuclear Regulation Authority on May 29 approved extending the operating lives of two reactors in Fukui Prefecture to 60 years, the seventh and eighth such requests accepted by the nuclear industry watchdog. The …

T.NXE Announces Closing of Strategic Purchase of 2.7 Million Pounds of Uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has closed its previously announced purchase (the “Purchase”) of 2,702,410 pounds natural uranium concentrate (“U3O8“) for an aggregate purchase price of US$250 million, which was satisfied through the issuance of US$250 million aggregate principal amount of five year, …

Russia to build Central Asia’s first nuclear power plant in Uzbekistan

Russia will build a small nuclear power plant in Uzbekistan, the first such project in post-Soviet Central Asia, Uzbek President Shavkat Mirziyoyev said on Monday at a meeting with visiting Russian President Vladimir Putin. The nuclear deal, if implemented, will showcase Russia’s ability to export not only energy, but also high-tech products to new Asian …