Possible tariffs worry Canada uranium miners as they boost output to meet US demand

Canada’s uranium miners, confident that only they can meet US demand for the element after Russian supply curbs, have accelerated output and forward contracts to supply US energy companies, but they are now worried about possible tariffs from US President-elect Donald Trump. Shares of uranium companies rallied in Toronto and New York over the last …

Ontario Generating More Energy to Meet Soaring Demand

Province exploring sites for energy generation in Port Hope, Haldimand County and St. Clair Township The Ontario government has asked Ontario Power Generation (OPG) to begin discussions with Indigenous, community and municipal leaders on its existing sites in Port Hope, Haldimand County and St. Clair Township to determine community support for all types of new …

Amazon offers $334M for nuclear reactors to be built at Hanford

The small modular reactor could reestablish nuclear power as an alternative energy source, with the Washington-based company as its biggest investor. he latest attempt to put Washington at the center of nuclear power development is happening at the site of the state’s last effort, which mostly failed almost 40 years ago. And one of the …

China triples uranium imports from Russia

Moscow previously banned the export of strategically important nuclear fuel to Washington       Beijing is poised to become the largest importer of Russian nuclear fuel this year, following Moscow’s ban on enriched uranium exports to the US in retaliation for Washington’s selective restrictions. Over the past ten months, China has purchased $849 million …

Westinghouse and CORE POWER Partner for Floating Nuclear Power Plants Using eVinci™ Microreactors

Westinghouse Electric Company and CORE POWER today announced the formalization of a cooperative agreement for the design and development of a floating nuclear power plant (FNPP) using the industry-leading eVinci™ microreactor. FNPPs are a game-changing approach to deploying nuclear energy to islands, ports, coastal communities and industry. These innovative power plants can be centrally manufactured …

Reactor restarts push up nuclear power share to 8.5% in FY 2023

  The No. 2 reactor at the Onagawa nuclear power plant in Miyagi Prefecture, foreground, right, which resumed operations on Oct. 29 (Masaaki Kobayashi) Nuclear power accounted for 8.5 percent of Japan’s total electricity generation in fiscal 2023, the highest level since 2012, the industry ministry said. The ratio rose by 2.9 percentage points from …

Slovakia’s Nuclear Future: New Power Unit by 2040

Slovakia is planning to launch a tender for a new nuclear power unit by mid-2025, with the supplier selection in 2027. Aiming for an operational start by 2040, the project hopes to boost the country’s nuclear capacity, aiding carbon-free energy production alongside European neighbors. Slovakia is set to increase its nuclear power capacity by launching …

Egyptian PM Madbouly Aims to Complete First Nuclear Power Plant on Schedule

Egyptian Prime Minister Mostafa Madbouly said that Egypt seeks to complete the first stage of the construction of El-Dabaa Nuclear Power Plant, built by Russia’s State Atomic Energy Corporation Rosatom, as scheduled due to the project’s strategic importance. Egyptian Prime Minister Mostafa Madbouly said that Egypt seeks to complete the first stage of the construction …