Costs of expanding nuclear power plants could ultimately run into the hundreds of billions of dollars Demand for electricity across Canada is forecast to double in the next 25 years, and all the signs from Ontario Premier Doug Ford’s government indicate that nuclear energy will supply the biggest portion of the province’s additional power needs. …
The UK’s National Grid Plc is preparing for a possible power crunch in January as several planned nuclear outages coincide with peak winter demand. Electricity consumption is projected to climb to a high during the first two weeks of January, just as nuclear availability is forecast to drop, according to National Grid’s winter outlook report …
Launches Concurrent Equity Offering Backed By Existing Cornerstone Investors IsoEnergy Ltd. (“IsoEnergy”) (TSXV: ISO; OTCQX: ISENF) and Consolidated Uranium Inc. (“Consolidated Uranium” or “CUR”) (TSXV: CUR; OTCQX: CURUF) are pleased to announce that they have entered into a definitive arrangement agreement for a share-for-share merger of IsoEnergy and Consolidated Uranium (the “Arrangement Agreement”), pursuant to which …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is proud to announce the signing of a Shared Prosperity Agreement (“SPA”) with English River First Nation (‘ERFN’) supporting the development and operation of Denison’s Wheeler River Project in northern Saskatchewan (the ‘Project’). The SPA received support from a substantial majority of ERFN Members who participated in …
A dome is installed over a Hualong One nuclear power unit at Fangchenggang nuclear power plant in Guangxi Zhuang Autonomous Region, China May 23, 2018, in this picture provided by Fangchenggang nuclear power plant and released by China Daily/File photo Acquire Licensing Rights China expects to greenlight six to eight new nuclear power units a year …
FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and SCP Resource Finance on behalf of a syndicate of underwriters (collectively, the ” Underwriters “), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 6,722,689 flow-through common shares of the Company (the …
Tests that simulate the temperatures and pressures which the reactor systems will be subjected to during normal operation have begun at unit 4 of the Fangchenggang nuclear power plant in China’s Guangxi Autonomous Region. The unit is the second of two demonstration China General Nuclear-designed Hualong One (HPR1000) reactors at the site. Hot functional tests …
As many as 1,000 jobs could be created at the Paks II nuclear power plant by 2024. he first concrete pour at the 2.4GW Paks-II nuclear power plant in Hungary will take place by 2025, Rosatom’s director-general Alexey Likhachev stated during a visit to the construction site. The plant is now complete and construction of a workshop …
Global nations’ push to go green and reduce reliance on fossil fuels has now sent them chasing a commodity that had been uncool for quite a while: uranium. Demand for the heavy metal has surged as countries from China to India and Russia pursue more nuclear programs to balance the needs of meeting their increasing …
A new joint report from World Nuclear Association, the Nuclear Energy Institute and the Canadian Nuclear Association proposes regulatory steps which can be taken to minimise the time and cost for large-scale deployment of a fleet of standardised reactor designs that are acceptable in multiple countries around the world. The report, A Framework for International Regulatory …