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. …
Anticipated load growth from data centers, AI and new manufacturing hubs is the latest tailwind for conventional and advanced nuclear, NEI President and CEO Maria Korsnick said Tuesday. Conventional and advanced nuclear technologies stand to benefit from a global push to reduce power sector emissions and achieve energy independence amid growth in electricity demand, Nuclear …
After a brief period of fluctuating support, opens new tab, Canada’s federal government is throwing its full backing behind the nuclear industry, announcing life extensions, opens new tab at major plants, billions of dollars in planned investment, and granting nuclear a key position in the latest federal budget. The industry’s re-birth has been especially pronounced in the province …
The Scottish Government has been against nuclear power north of the border. UK ministers have been asked to plan for a new nuclear power plant in Scotland, Alister Jack has said, despite objections from the devolved administration. Both governments have been at loggerheads over the issue in recent years, with politicians in Edinburgh refusing to …
Polish industrial group Industria’s plan to construct a power plant based on Rolls-Royce’s small modular reactor (SMR) has been approved by the Ministry of Climate and Environment. Industria submitted its application for a decision-in-principle in December last year to Polish Climate and Environment Minister Paulina Hennig-Kloska. The application concerns the construction of a nuclear power …
Japan’s industry ministry began a review of the country’s basic energy plan on Wednesday, at a time when power-hungry data centers are increasing in line with the spread of artificial intelligence. The basic energy plan sets the direction of the country’s medium- to long-term energy policy and is updated once in three years. The review …
Tim Gitzel in Washington ahead of a ban on Russian uranium coming into force Tim Gitzel has been spending a lot of time in the United States lately. The chief executive of Saskatoon-based Cameco was recently in Washington, D.C., where he met with lawmakers to talk about a number of issues. Article content Among the …
Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has closed its previously announced offering (the “Offering“) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs“), at a price of C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on April 29, …
FILE PHOTO: European Union leaders summit in Brussels The Slovak government is considering building another nuclear power unit with capacity of up to 1.2 gigawatts (GW), and could reach a decision at a meeting on Wednesday, Prime Minister Robert Fico said on Monday. The decision would be a basis for concrete steps to prepare the …
