Construction of the third unit at the UAE’s Barakah nuclear power plant has been completed, and the unit is on track to start up in 2023, the Emirates Nuclear Energy Corporation (ENEC) has announced today on the sidelines of COP26 in Glasgow. Barakah is the Arab world’s first multi-unit operating nuclear power plant, located in …
It is the news that the uranium players have been waiting for: a potential new, huge surge in demand that will reward mining companies ready to go into production. China has reported overnight to be planning 150 new nuclear reactors over the next 15 years — more than have been built around the world since …
The US Air Force has confirmed the Eielson base in Alaska as the facility planned to host its first small nuclear power plant. A microreactor of up to 5 MWe could be operational there as soon as 2027, according to Eielson. “Energy is a critical asset to ensure mission continuity at our installations,” said Deputy …
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 …
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 …
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 …
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 …
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 …
TOKYO (AP) — Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country’s pledge of reaching carbon neutrality in 2050. The new basic energy plan, adopted by the Cabinet just in time for the climate summit in early November, calls for drastically increasing …
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 …
