Microsoft’s Gates breaks ground on novel nuclear power plant in Wyoming

Nearly three years after TerraPower announced it would build its inaugural Natrium nuclear plant in Wyoming, the company’s founder — Microsoft billionaire Bill Gates — was on hand to celebrate the first major construction milestone for the project. Approximately 300 local and state officials, as well as business partners attended the groundbreaking ceremony. “This reactor …

UK’s Conservatives promise nuclear power expansion in election manifesto

Britain’s governing Conservatives promised to scale up nuclear power to bolster the country’s energy security, including through two new fleets of small modular reactors and a gigawatt power plant in North Wales, if they win the upcoming election. In a manifesto, outlining its policy plans ahead of the July 4 election, the Conservative Party said …

Whitmer says reopening nuclear plant only way to meet climate goals

Governor Gretchen Whitmer said Monday that restarting a nuclear power plant on Lake Michigan is necessary to reach her goal of generating all the state’s electricity without burning fossil fuels. Whitmer was part of an economic forum in Detroit, where she said affordable and accessible energy is critical to the state’s future. And she said …

Uranium Marketing Annual Report

Uranium purchases and prices Owners and operators of U.S. civilian nuclear power reactors (civilian owner/operators, or COOs) purchased a total of 51.6 million pounds U3O8e (equivalent1) of deliveries from U.S. suppliers and foreign suppliers during 2023, at a weighted-average price of $43.80 per pound U3O8e. The 2023 total of 51.6 million pounds U3O8e was 27% …

The first block of a small nuclear power plant in Uzbekistan is planned to be launched in 2029

The launch of the first block of a small nuclear power plant (SNPP) in Uzbekistan is planned for the end of 2029, according to the press service of Rosatom. Representatives of Rosatom noted that the introduction of SNPP blocks will occur gradually and modularly. According to information from the Russian company, the completion of all …

Burkina Faso signs fresh nuclear-focused MoUs with Russia

Memorandums of understanding (MoUs) covering education and training, infrastructure development and public opinion have been signed in the next stage of Burkina Faso and Russia’s cooperation on peaceful uses of nuclear technology. The MoUs were signed by Rosatom Director General Alexei Likhachev and Burkina Faso’s Minister of Energy, Mines and Quarries, Yacouba Zabre Guba, on …

Construction of Finnish pilot SMR plant to start in 2025

Steady Energy said it is set to start construction of its first LDR-50 district heating reactor pilot plant in Finland next year, with potential sites including the Finnish capital Helsinki and two other cities. The pilot plant will serve as a full-scale, operational model of the Finnish-designed small modular reactor (SMR). Unlike the actual power …

US may revive some shut nuclear plants to help meet emissions goal, energy chief says

The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse gas reduction goals and decarbonizing the …

US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors

U.S. Energy Secretary Jennifer Granholm is calling for more nuclear reactors to be built in the United States and worldwide U.S. Energy Secretary Jennifer Granholm on Friday called for more nuclear reactors to be built in the United States and worldwide. But the CEO of the Georgia utility that just finished the first two scratch-built …