Maritime’s net-zero ambitions re-energise discussion around nuclear energy

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 Centers Now Need a Reactor’s Worth of Power, Dominion Says

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, …

Holtec sets up maintenance and modification subsidiary

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 …

South Bruce signs hosting agreement with NWMO

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 …

Lufeng 5 inner dome hoisted into place

The inner containment dome has been installed at unit 5 of the Lufeng nuclear power plant in China’s Guangdong province. It is the first of two HPR1000 (Hualong One) under construction at the site, where four CAP1000s are also planned. The steel dome – measuring 45 metres in diameter and almost 14 metres in height, …

T.CCO Reports 2024 First Quarter Results

Cameco reports Q1 results: 2024 outlook remains solid; financial discipline and strong cash position result in focused debt reduction; operationally, segments performing to plan; attributes of baseload nuclear power attracting tech sector investment Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2024, in accordance …

T.NXE Announces C$180 Million CDI Offering in Australia

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into a placement agreement dated April 30, 2024 (the “Placement Agreement“) with a lead manager and bookrunner in Australia, Aitken Mount Capital Partners (the “Lead Manager“), to arrange and manage, and to provide settlement support for, an offering of 16,129,032 common …