Nukes Are Back, but Uranium Is in Short Supply

Atomic power plants are in vogue again, sending prices higher for the radioactive element A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead. New reactors have connected to the grid in the U.S., Asia and Europe, while the lifetime of existing …

Westinghouse and Energoatom agree AP300 SMR cooperation

Ukraine’s Energoatom and the US firm Westinghouse have signed a memorandum of understanding (MoU) relating to the development and deployment of AP300 small modular reactors (SMRs) in Ukraine. The MoU was signed by Westinghouse CEO Patrick Fragman, seated left in the the picture above, and Energoatom President Petro Kotin. Ukraine’s Energy Minister Herman Halushchenko, standing …

Holtec signs PPA aimed at restarting Palisades nuclear plant

The fate of the shuttered plant still hinges on financial support from the federal government. Holtec International and Wolverine Power Cooperative announced the signing of a long-term power purchase agreement that would allow the restart of the 800 MW Palisades nuclear plant in Covert Township, Michigan. Wolverine would purchase up to two-thirds of the power …

Bruce Power’s Unit 6 connected to Ontario’s electricity grid following Major Component Replacement outage

Bruce Power’s Unit 6 has been renewed and was connected to Ontario’s electricity grid today following its successful Major Component Replacement (MCR) outage to provide clean, reliable power to the province’s people, hospitals and businesses for decades to come. The Unit 6 MCR began in January 2020 and was completed ahead of schedule and on …

Nuclear Regulatory Commission accepts Carbon Free Power Project’s Limited Work Authorization application

The Carbon Free Power Project (CFPP) today announced the U.S. Nuclear Regulatory Commission (NRC) accepted its Limited Work Authorization (LWA) application for formal review. After technical review of the CFPP application, which was submitted on July 31, 2023, the NRC has docketed the application that seeks approval to commence early construction activities for the CFPP …

Egypt mulls building new nuclear reactor: report

The shut down Grohnde nuclear power plant (KWG) is located next to River Weser, north of the town of Grohnde in the Lower Saxony municipality of Emmerthal in the Hameln-Pyrmont district. Getty Images Image used for illustrative purpose. The plant began commercial power operation February 1, 1985. The plant was shut down on 31 December …

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 …