Gov. J.B. Pritzker signs measure lifting Illinois’ moratorium on new nuclear power plants

A nearly four-decade moratorium on the construction of nuclear plants in Illinois will end next year under a measure signed Friday by Gov. J.B. Pritzker, who vetoed an earlier version of the bill. Legislators passed a new iteration of the bill last month that addressed concerns Pritzker raised in an August veto message about the size …

U.UEC Featured at COP28 and Endorses Net Zero Nuclear Industry Pledge

Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC“) is pleased to report President and Chief Executive Officer, Amir Adnani, spoke at COP28 on sustainable uranium mining and on the growing role of carbon-free nuclear power to meet the increasing global demand for low-cost and net-zero energy supply. Mr. Adnani was also featured in the COP28 Leadership Interviews to discuss …

Six SMR power plants approved in Poland

Poland’s Ministry of Climate and Environment has issued decisions-in-principle for the construction of power plants based on GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR) at six locations. A total of 24 BWRX-300 reactors are planned at the sites. In mid-April, Orlen Synthos Green Energy (OSGE) announced it had shortlisted seven locations in Poland …

At COP28, U.S., Canada, France, Japan, and UK Announce Plans to Mobilize $4.2 Billion for Reliable Global Nuclear Energy Supply Chain

Leaders from the United States, Canada, France, Japan, and the United Kingdom today announced plans to mobilize $4.2 billion in government-led investments to develop a secure, reliable global nuclear energy supply chain. These investments will enhance uranium enrichment and conversion capacity over the next three years and establish a resilient global uranium supply market free …

Russian Uranium Import Ban Teed Up for US House Floor Vote

Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of Representatives. The Prohibiting Russian Uranium Imports Act, by Washington Representative Cathy McMorris Rodgers, has been scheduled for consideration next week under an expedited procedure that requires two-thirds majority to pass, …

T.FCU Announces 13-hole Regional Exploration Program at PLS High-grade Uranium Project

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce preparations are underway for a 13-hole, ~6,000m winter exploration program at its award-winning PLS high-grade uranium project in Canada’s Athabasca Basin. The drill program will focus on seven high priority exploration target areas along the Patterson Lake Corridor. It is anticipated that the drill program will commence by mid-January, …

V.PTU Upsizes Flow-Through Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) announced that due to strong investor demand, it has increased the offering size of the non-brokered private placement previously announced on November 27, 2023 from $2,500,000 to $4,000,000 (the “Offering”). Up to 76,190,477 flow-through units (“Units”) at a price of $0.0525 per Unit are …

Nuclear’s share of world power output at multi-decade low – report

 Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology’s share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday. Nuclear energy generated 2,546 terawatt-hours (TWh) of electricity worldwide last year, accounting for 9.2% of total gross electricity generation, the annual …

China starts up world’s first fourth-generation nuclear reactor

 China has started commercial operations at a new generation nuclear reactor that is the first of its kind in the world, state media said on Wednesday. Compared with previous reactors, the fourth generation Shidaowan plant in China’s northern Shandong province is designed to use fuel more efficiently and improve its economics, safety and environmental footprint …

Tepco Jumps Ahead of Regulator’s Decision on Nuclear Power Plant

Japan’s top utility surged as regulators indicated they will take a step that may lead to the restart of its nuclear power plant — the world’s largest. The Nuclear Regulation Authority will make a final decision to remove a ban on restarting Tokyo Electric Power Co.’s Kashiwazaki Kariwa nuclear power plant after conducting an on-site …