The global nuclear industry is in the middle of a renaissance but still faces financing challenges and needs government support for projects, executive director of the International Energy Agency (IEA) Fatih Birol said on Tuesday. The sector should take advantage of the global energy crisis as well as the climate crisis to launch a “second …
A CANDU Reactor at Qinshan in China. AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, today introduced the latest reactor design—the CANDU® MONARK™ reactor—at the World Nuclear Exhibition in Paris. The most advanced reactor design available from AtkinsRéalis, with the highest output of any …
Candu Energy Inc., an AtkinsRéalis company [SNC-Lavalin Group Inc.] (TSX: ATRL) and the Canadian Commercial Corporation (“CCC”), a federal Crown corporation, have signed a contract with Nuclearelectrica S.A. (SNN) to provide engineering, technology and procurement of tooling and reactor components in support of the life extension of SNN’s Unit 1 CANDU® reactor at the Cernavoda …
Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) announced a non-brokered private placement (the “Offering”) of up to 47,619,048 flow-through units (the “Flow-Through Units”) at a price of $0.0525 per unit for aggregate gross proceeds up to $2,500,000. Each Flow-Through Unit consists of one common share of the Company to be issued …
Nuclear power is set to be a hot topic during discussions at COP28 in Dubai. Of particular interest to observers will be a ministerial event called “Atoms4NetZero” on Dec. 5. The debate around nuclear power and its role in the planet’s shift to a more sustainable future is often polarizing. The role that nuclear power …
Poland’s Ministry of Climate and Environment has issued a decision-in-principle for the country’s second large nuclear power plant. Two South Korean-supplied APR1400 reactors are planned in the Patnów-Konin region. PGE PAK Energia Jądrowa submitted an application for the plant to the ministry in August this year. The application included a description of project characteristics, indicating …
China’s first project to bring nuclear-generated heat to multiple prefecture-level cities has begun operation in Shandong province, supplying heat from the Haiyang nuclear power plant to the cities of Haiyang and Rushan through a 23 km pipeline. The project is the third phase of a commercial heating project called Warm Nuclear No 1 operated by …
November 22, 2023 | (26 mins 00 secs) Per Jander and James Connor discuss the uranium market, highlighting the catalysts for sharp increases in uranium prices in 2023, including increased utility and producer activity, production shortfalls from major players like Cameco and Orano, and geopolitical uncertainties affecting supply. Per Jander expresses optimism for the uranium market, …
The European Parliament has adopted its position on the proposed Net-Zero Industry Act (NZIA), which is intended to bolster Europe’s manufacturing output in technologies needed for decarbonisation. MEPs included nuclear fission and fusion among a list of 17 technologies covered by the legislation. Europe largely imports these decarbonisation technologies, and many non-EU countries have stepped …
That’s in addition to six atomic plants France already plans Nuclear is part of country’s plan to shift from fossil fuels France will decide by the end of 2026 on whether to build another eight large nuclear reactors in addition to the six atomic plants it already plans to construct. President Emmanuel Macron has already said that France could build as …
