It’s essential for keeping a clean-energy electrical grid. Nuclear power has been the backbone of Ontario’s clean electric grid for the past half-century. Starting in 1971, the Canadian province constructed 20 large heavy-water reactors over the next 22 years. The rationale at the time wasn’t combating climate change but replacing expensive coal imported from the …
Canada’s most populated province is extending the lifespan of the country’s oldest operating nuclear power plant, doubling down on nuclear plant overhauls to pursue green goals. Ontario Power Generation (OPG) last month abandoned plans to close the remaining six reactors at its Pickering Nuclear Power Station, opting instead to refurbish four of the units (Pickering …
China has begun construction on the second phase of the Zhangzhou nuclear power project using Hualong One reactors, domestically developed third-generation reactors, in the city of Zhangzhou, east China’s Fujian Province. The first four Hualong One units have been completed and put into operation, according to the China National Nuclear Corporation (CNNC). The Zhangzhou nuclear …
Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices are once again on the move, rising above US$100 per lb. in January for the first time in over 16 years, but this time Talbot …
Investment banks Goldman Sachs (GS.N), opens new tab and Macquarie (MQG.AX), opens new tab as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium …
India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less …
Britain is seeking to add nuclear capacity as fleet ages Utility also faces an expected jump in investments in France Electricite de France SA is in talks with the UK government over the “long-term financing” of its Hinkley Point C nuclear plant still in construction, as well as for the planned Sizewell C project, Chief Executive …
A new bill introduced in the Kentucky Senate this week would create a group to support the development of nuclear energy in the state. Senate Bill 198 would formally establish the Kentucky Nuclear Energy Development Authority, which would be administratively attached to the University of Kentucky’s Center for Applied Energy Research. Senate Joint Resolution 140, also …
A man with a shiny metal Concorde model on his desk, and old circuit boards on a shelf, is clearly in love with technology. Chris Sharp is the chief technology officer at Digital Realty, a US business at the intersection of construction and high-tech. It builds data centres, the anonymous warehouses full of computers that …
The long-delayed facility is expected to generate 4,000 MW by 2035. Kenya plans to begin constructing its first nuclear power plant in 2027 as it diversifies its energy generation amid rising demand and a zero-carbon push. According to the Nuclear Regulatory Authority Director for Partnerships and Public Awareness Edward Mayaka, the country is ready to …
