South Korean shipbuilder Samsung Heavy Industries will undertake a joint research and development project with the Korea Atomic Energy Research Institute (KAERI), for the first modern exploration of nuclear-powered ships. Under the strategic cooperative agreement, they plan to explore the opportunities to use nuclear power as a solution for carbon-neutral shipping. There was great interest …
The construction of a 300 MW nuclear power unit with an innovative lead coolant BREST-OD-300 fast reactor has begun at the site of the Siberian Chemical Combine (an enterprise of TVEL Fuel Company of ROSATOM) in Seversk, Russia’s Tomsk region. The event was attended by Tomsk regional governor Sergei Zhvachkin, ROSATOM Director General Alexey Likhachev, …
Individual electrical components are now permanently powered Enables testing of systems as Unit 4 continues to progress through its testing phase Georgia Power announced today that plant equipment for Vogtle Unit 4 is now energized, or permanently powered, which is needed to perform all subsequent testing for the unit at the Vogtle 3 & 4 …
The Illinois Senate is coming back to session Tuesday, and one issue they’re expected to take up is a bill regulating the state’s energy industry. Last week, Gov. J.B. Pritzker said an energy deal is in the hands of the General Assembly. He wants to close coal-fired power plants by 2035. After going into overtime, …
SHINE Medical Technologies of the USA has selected the municipality of Veendam in the province of Groningen, the Netherlands, as the location of its European medical isotope production facility. The company is currently building its first production facility, using its transformational non-reactor technology, in Janesville, Wisconsin. SHINE said Veendam was selected following a year-long search …
Work on Tianwan units 7 and 8 and Xudabao units 3 and 4 was launched today at a ceremony attended via video-link by Chinese President Xi Jinping and Russian President Vladimir Putin. The four VVER-1200 reactors are part of a series of strategic agreements Russia and China signed in 2018. According to a Kremlin statement, …
Summary CCJ is one of the larger players in the uranium mining space. Global demand for uranium is increasing. There’s likely to be insufficient supply for future demand based on current construction plans for reactors in Asia and the Middle East. “Uranium miners like Cameco (NYSE:CCJ) are well-positioned as bullish investments over the next 3-5 …
Summary UPC’s shareholders are set to become unitholders of the newly created trust, provided this transaction is approved in the next few months. There are very few things to dislike about the transaction for both Sprott’s and UPC’s shareholders. Sprott has a great track record of managing and growing physical trusts, which bodes well for …
French company EDF has submitted to Nuclear Power Corporation of India Ltd (NPCIL) its binding techno-commercial offer to build six EPRs at Jaitapur in Maharashtra. The offer is the culmination of work that began with the 2018 signature of an agreement between the two companies and paves the way for discussions towards a binding framework …
Orano is confident about its uranium mining future and will continue to invest in its projects while remaining committed to being a responsible mining company at all stages of operation, Orano Mining CEO Nicolas Maes told delegates at the World Nuclear Fuel Cycle forum today. The health and safety of employees and communities has remained …
