Centrus to Begin HALEU Production in October

Centrus Energy Corp (NYSE American: LEU) announced today that it expects to begin first-of-a-kind production of High-Assay Low-Enriched Uranium (HALEU) in October 2023, approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon, Ohio. “This will be the first new U.S.-owned uranium enrichment plant to begin production since 1954,” said Centrus President and CEO Daniel …

French Power Prices Drop on Renewed Confidence in Nuclear Fleet

Winter prices almost close the difference with German power Signals of improved energy security after volatile period A steep drop in French electricity prices is signaling increasing confidence that Europe’s biggest fleet of nuclear reactors will be able to operate reliably through the winter. French power for the first quarter of next year traded at …

How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback

China has 21 nuclear reactors under construction which will have a capacity for generating 21.61 gigawatts of electricity, according to the International Atomic Energy Agency. That is more than two and a half times more nuclear reactors under construction than any other country. China’s drive to build nuclear energy is twofold: It has a massive …

India’s largest home-built nuclear plant starts operations at full capacity: PM Narendra Modi

The reactor at the Kakrapar Atomic Power Project (KAPP) had started commercial operations on June 30 but was operating at 90 per cent of its capacity till now. India’s first indigenously developed 700 MW nuclear power plant in Gujarat’s Kakrapar has started operations at full capacity, Prime Minister Narendra Modi said on Thursday. The reactor …

Construction of Lufeng unit 6 begins

The first safety-related concrete has been poured for the nuclear island of the unit 6 HPR1000 (Hualong One) at the Lufeng nuclear power plant in China’s Guangdong province. It is the second HPR1000 under construction at the site, where four CAP1000s are also planned. In a statement to the Hong Kong Stock Exchange, China General …