Atomic Energy Organization of Iran (AEOI) head Mohammad Eslami said the country is looking to increase its nuclear power generation capacity to 20 GWe. The country’s first nuclear power plant, Bushehr, has now generated more than 60 billion kilowatt-hours, he told a parliamentary council. Bushehr unit 1 – a Russian-designed VVER-1000 pressurised water reactor, which …
A Bill Gates-backed clean energy player is hoping to build dozens of reactors in the UK, and will enter the race alongside potential rivals Rolls-Royce and GE Hitachi with its own mini-nuclear power plant designs. Chris Levesque, chief executive of nuclear start-up Terra Power, confirmed the company will bid for government approval to build small …
All 116 of the novel T-pylons on National Grid’s Hinkley Connection in the UK have now been completed. The 57-kilometre connection route will connect low-carbon energy from EDF Energy’s Hinkley Point C nuclear power plant to six million UK homes and businesses whilst also allowing for more capacity on the network for renewable energy from …
The reactor vessel for unit 7 of Tianwan nuclear power plant in Jiangsu province, China, has arrived at the site after a two month journey by sea from Russia. The reactor vessel’s delivery came the day after four steam generators were delivered. In April, Rosatom reported that the reactor vessel and steam generators had set …
Current events in Niger mean world attention is turning to the West African uranium-producing country. Here is an overview of Niger’s uranium sector. What has happened in Niger? After reports on 26 July that presidential guards had seized Niger’s president, Mohamed Bazoum, General Abdourahmane Tchiani – also known as Omar Tchiani – went on national …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended June 30, 2023. The Company’s Quarterly Report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar.shtml, on the System …
Cameco and Kazatomprom have increased their sales and revenue guidance for 2023 upwards as market fundamentals continue to improve. The Kazakh uranium producer increased its 2023 sales guidance in its half-year trading update on 1 August, with group sales volumes increasing from 15,400-15,900 tU to 17,500-18,000 tU. This is due to customers asking to “flex …
The nuclear facility project that is planned for the Kemmerer area has a key issue: it lacks a fuel source. But officials say they now have an answer to that problem. The opening date for TerraPower’s facility, called Natrium, was pushed back two years, from 2028 to 2030, due to the fuel issue. They need a special kind of …
Country reviewing law, with an eye to adding small reactors Atomic energy minister Singh comments in reply to parliament India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonize industry. The country is reviewing its six-decade-old atomic energy law to allow …
Cameco announces second quarter results; gross profit benefitting from transition to tier-one run rate; full-year revenue outlook increased driven by improving market fundamentals; uranium market is moving toward replacement-rate contracting Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2023, in accordance with International Financial …