The fate of the shuttered plant still hinges on financial support from the federal government. Holtec International and Wolverine Power Cooperative announced the signing of a long-term power purchase agreement that would allow the restart of the 800 MW Palisades nuclear plant in Covert Township, Michigan. Wolverine would purchase up to two-thirds of the power …
French nuclear group Orano is halting the processing of uranium ore at one of its facilities in Niger because international sanctions against the military junta are hampering logistics. The crisis that’s affecting the African nation, which has about 5% of the world’s uranium, may potentially tighten supplies of the material used to fuel nuclear reactors in the US, China and Europe. …
The French utility’s August nuclear power output in Britain was down 8.9% year on year at 3.0 TWh Nuclear power generation at EDF’s French reactors in August rose 32% year on year to 23.9 terawatt hours (TWh), the utility said. EDF’s website said that total nuclear generation in France since the start of the year …
Energoatom and ConverDyn have signed a confidentiality agreement and memorandum of understanding relating to uranium conversion which the Ukrainian company says can help the country towards a complete fuel cycle. The signings, by Energoatom President Petro Kotin and ConverDyn President Malcolm Critchley, took place in London last week. Kotin said the cooperation opened up an opportunity …
Bruce Power’s Unit 6 has been renewed and was connected to Ontario’s electricity grid today following its successful Major Component Replacement (MCR) outage to provide clean, reliable power to the province’s people, hospitals and businesses for decades to come. The Unit 6 MCR began in January 2020 and was completed ahead of schedule and on …
Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has updated its at-the-market equity program (the “ATM Program”) to issue …
Demand for uranium in nuclear reactors is expected to climb by 28% by 2030 and nearly double by 2040 as governments ramp up nuclear power capacity to meet zero-carbon targets, the World Nuclear Association (WNA) said in a report on Thursday. Interest in nuclear power has also risen since Russia invaded Ukraine and many nations …
World Nuclear Association (WNA) and the Emirates Nuclear Energy Corporation (ENEC), with the support of the Atoms4NetZero initiative launched by the International Atomic Energy Agency (IAEA), today called for unprecedented collaboration between government, industry leaders and civil society to triple global nuclear capacity to achieve carbon neutrality by 2050. The urgent call for rapid deployment …
South Korea on Thursday gave the final approval for the operation of a new nuclear reactor. The Nuclear Safety and Security Commission gave the go-ahead for the Shin-Hanul No. 2 reactor in the coastal county of Uljin, 218 kilometers southeast of Seoul. The reactor will be loaded with fuel and enter into commercial operation after …
The Carbon Free Power Project (CFPP) today announced the U.S. Nuclear Regulatory Commission (NRC) accepted its Limited Work Authorization (LWA) application for formal review. After technical review of the CFPP application, which was submitted on July 31, 2023, the NRC has docketed the application that seeks approval to commence early construction activities for the CFPP …
