Uzbekistan’s Uranium Deposits Attract Foreign Investors

Representatives of the China Nuclear Uranium Corporation (CNUC) met with the general director of state company Navoiuran, Jamal Faizullaev, to discuss the possibility of mining black shale uranium at the Jantuar and Ma’danli deposits in the Navoi region of Uzbekistan. Samples have already been taken from the deposits to complete geological studies. According to the …

Small Modular Reactor project at Clarington’s Darlington Nuclear on time and on budget

Darlington Nuclear is making a habit of getting work done as promised after announcing this week that early work on the small modular reactor megaproject at the Clarington nuclear plant is on time and on budget. Darlington is also undergoing a complete refurbishment of its four reactors, with Unit 3 returning to service last August …

Turkey continues negotiations over new nuclear power plants

Following the construction of the Akkuyu nuclear power plant, Turkey is planning to build two more plants at Sinop and Thrace. lparslan Bayraktar, Turkey’s energy minister, has said that the first nuclear unit at the Akkuyu nuclear power plant should be launched by the end of the year, while negotiations with Russia, China and South …

Barakah Plant $2.42 Bn refinancing recognized as Green Loan Facility, reinforcing its integral role in rapid decarbonization of UAE power grid

Barakah Plant project refinancing loan with two leading UAE banks, Abu Dhabi Commercial Bank PJSC (ADCB) and First Abu Dhabi Bank PJSC (FAB), is the first in MENA Region and Asia to be recognized as a green loan facility. – Positions Barakah Plant and the wider nuclear sector at the forefront of clean financing instruments …

Eight out of 10 Koreans support nuclear power plants

Eight out of 10 South Koreans support the operation of nuclear power plants, according to a survey conducted by international energy consulting firm Radiant Energy Group Ltd. The firm surveyed citizens of 20 countries, including Korea, between October and November 2023. The Korea Energy Information Culture Agency (KEIA) released a report citing the Radiant Energy …

US Responds to Russia-China Plan to Put Nuclear Reactor On Moon

he State Department has urged a “rigorous” safety evaluation of a proposed joint Russia-China plan to establish a nuclear-powered lunar base within the next decade. Yuri Borisov, the head of Russia’s space agency Roscosmos, said earlier this month that the two powers are “seriously considering a project” to install a nuclear power station on the lunar surface …

5 Key Takeaways from the FY25 Budget Request for Nuclear Energy

The U.S. Department of Energy (DOE) released its Fiscal Year 2025 budget request, which includes nearly $1.6 billion for the Office of Nuclear Energy (NE). The request includes $694.2 million in research and development activities that will help advance important reactor and fuel technologies, address gaps in the domestic nuclear fuel supply chain, and harness the …

Forget ‘Oppenheimer’ — nuclear power is having its moment in Washington

The big wins for “Oppenheimer” at Sunday’s Academy Awards are not the only attention the nuclear industry has experienced in recent days. Hollywood’s “Oppenheimer” dominated at the Oscars — renewing calls for reducing the threat of nuclear weapons worldwide — but a different kind of nuclear energy is gaining momentum in Washington. Freshly passed legislation and new …