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 …

NIA Welcomes Labour Promise to Back New Nuclear Projects

The Nuclear Industry Association has welcomed the Labour Party’s support for new nuclear projects as part of its Great British Energy plan, including getting Hinkley Point C and Sizewell C over the line, extending the lifetime of existing plants, and backing Small Modular Reactors. In response, Tom Greatrex, Chief Executive of the Nuclear Industry Association, …

US companies join up to lower nuclear investment costs

Duke Energy, Amazon, Google, Microsoft and Nucor have signed agreements on proposed tariffs that would lower the costs of investing in clean energy technologies like new nuclear as they explore new and innovative approaches to support carbon-free energy generation and help utilities serve the future energy needs of large businesses in North Carolina and South …