Eletronuclear has reached agreement with Angra dos Reis City Hall to pay BRL264 million (USD55 million) “socio-environmental compensation” for the construction of Angra 3 nuclear power unit. The agreement will see Eletronuclear pay the money in five annual installments, until 2027 which is the scheduled date for the start of operations at Angra 3. According …
Hanul (formerly Uljin) Nuclear Power Plant The government is considering building another nuclear power plant under its next long-term energy policy plan amid rising electricity demand. With the possibility of a new nuclear power plant now on the table, the Yoon Suk Yeol administration is continuing its drive to reverse the previous government’s nuclear phase-out …
The Burke Hollow In-Situ Recovery (“ISR”) Project’s Production Area-2 (“PA-2”) has been established within the northern half of the project; Burke Hollow PA-2 hosts three major sub-roll units of uranium mineralization, ranging from 160 to 210 feet in depth and occurs within the Goliad Formation Lower A sand, ranging in thickness from 20 feet to …
Urenco has been awarded £9.56 million in funding from the UK Government that will support the production of advanced fuels for the nuclear reactors of tomorrow. The company received the funding from The Nuclear Fuel Fund, as part of the British energy security strategy, which is supporting the nuclear fuel supply chain to develop new …
The signing of the MoU between Daewoo E&C and ERBUD (Image: ERBUD) Among the agreements signed during a Polish-Korean business forum on 14 July was a memorandum of understanding between Poland’s KGHM Polska Miedź SA and South Korea’s Samsung C&T Corporation on the implementation of low and zero-emission technologies, including small modular reactors (SMRs). Daewoo …
France and India are to launch a cooperation programme on small modular reactors and advanced modular reactors. The announcement came after a meeting in Paris between Indian Prime Minister Narendra Modi and President of France Emmanuel Macron, during which they noted progress made on the six-EPR power plant project in Jaitapur, India. At the invitation …
From left: Petr Brzezina, President, Westinghouse Czech Republic and Slovakia; Elias Gedeon, SVP, Westinghouse; US Ambassador to Slovakia Gautam Rana; Pavol Štuller (Image: Westinghouse) Westinghouse Electric Company has signed memorandums of understanding (MoUs) with Slovakia’s JAVYS on the potential deployment of its AP1000 reactors and AP300 small modular reactors (SMRs) in the country. Westinghouse said …
IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO) (OTCQX: ISENF) announces that it has granted, subject to regulatory approval, 1,317,500 incentive stock options to certain directors, officers, employees and consultants of the Company (the “Options“). The Options were granted on July 17, 2023 (the “Grant Date”), have a term of five years, vest in three annual installments commencing on …
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President-Designate, has called on governments, industry, and all stakeholders to “disrupt business as usual” and take decisive action to tackle the climate crisis. Speaking at the Ministerial on Climate Action in Brussels, convened by the environment ministers of the European Union, …
The core catcher is also known as nuclear reactor core melt localisation device; it is an essential part of the prevention system ensuring safety from beyond-design-basis accidents The under-construction reactor 5 of Kudankulam Nuclear Power Project crossed a major milestone on Thursday as core catcher of the reactor, the most critical safety equipment, was placed …