UK nuclear fleet marks major milestone

The UK’s nuclear stations, run by EDF, reached a major milestone this week, clocking up 2000 terawatt hours (TWh) of zero carbon electricity – enough to power all the UK’s homes for more than 18 years. Since the oldest stations in the fleet first started generating in 1976 the eight sites across the UK have …

Georgia Power allowed to bill customers $2.1B for Plant Vogtle expansion

ATLANTA — Georgia’s utility-regulating agency voted unanimously Tuesday to let Georgia Power pass on to customers $2.1 billion of the costs of completing the first of two new nuclear reactors at Plant Vogtle. That figure, which will boost average residential customer bills by $3.78 a month, was set in an agreement the Atlanta-based utility and …

Nuclear Power Foundation of China’s Future Generation

China has its sights set on being the world leader when it comes to nuclear power technology. The country has brought its first Hualong One—a third-generation pressurized water reactor—online at the Fuqing plant in Fujian province, with its developers calling it a “strategic tool for the government to promote nuclear power technologies abroad.” China is …

Russia’s Rosatom Gets Go-Ahead from Turkey to Begin Construction of Fourth Unit of Akkuyu NPP

JSC Akkuyu Nuclear, a subsidiary of Russian nuclear conglomerate Rosatom, got the green light from Turkey’s Nuclear Regulatory Council to start construction work on the fourth power unit of the Akkuyu nuclear power plant (NPP) in southern Turkey. “Obtaining a license allows to start performing all construction and installation work on the unit, including nuclear …

Uranium Is an Investment in the Future

The Sprott Physical Uranium Trust (U.U) is up 45.7% since its July 19th inception. It is the largest physical uranium fund in the world and a convenient way for investors to get exposure to a substance that could be critical to the world in the years to come. Uranium has a fascinating history, but its present and future are …

Kazatomprom Announces Investment in Physical Uranium Fund

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) is pleased to announce that its Board of Directors has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd. (“ANU Energy” or “the Fund”), established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term …

UK to fund new nuclear power station as part of net zero drive

The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …