HONG KONG, Feb 11 (Reuters) – Chinese state-owned nuclear company CGN Power Co Ltd said Sunday it plans to raise up to $794 million in a domestic listing on the Shenzhen stock exchange. The firm said in a Hong Kong stock exchange filing it plans to offer no more than 5,049,861,100 new shares at 1 …
Tax credits that would benefit biofuel producers and a nuclear reactor project being constructed by Southern Co. are among the energy incentives in a budget deal that Congress must pass by midnight to keep the government open. The tax incentives, which were left out of the broad package of tax cuts passed by Congress in December, were …
China’s state asset regulator has been driving consolidation of businesses it supervises to help the economy grow at a slower but more sustainable pace Beijing has given the green light to the merger between two nuclear giants as it continues to pursue further consolidation of state-owned industrial juggernauts to enhance operating efficiency. China National Nuclear …
France’s nuclear giant has a plan to survive the wave of renewable energy that’s sweeping aside old-fashioned utilities across Europe. First it needs to disprove the conventional wisdom about how reactors work. Electricite de France SA says its fleet of nuclear reactors aren’t just able to provide a steady stream of power, they’re flexible enough to …
SEOUL, Jan. 23 (Yonhap) — South Korea’s energy minister vowed Tuesday to support local companies’ overseas sales of nuclear reactors, even as the Asian country reduces use of nuclear power as part of its renewable energy initiative. Under the energy transformation policy, South Korea plans to increase use of renewable energy from 7 percent in …
“It is critical that we maintain a strong domestic nuclear sector; this begins by keeping our existing plants operating,” the NEI’s vice-president for policy development and public affairs told the Forum. Much of the action to preserve existing plants will take place at the state level, he said. New York, Illinois and Connecticut have “shown …
The two largest uranium producers in the country, both operating in Wyoming, are asking President Donald Trump for relief from one of their greatest challenges: foreign imports. Denver-based Energy Fuels and Ur-Energy petitioned the Department of Commerce to look into whether imports from dominant uranium producers, like Russia, pose a national security risk. The firms …
WASHINGTON (Reuters) – The chair of the Senate’s Environment and Public Works Committee said on Thursday he wants the Commerce Department to investigate the impacts of uranium imports from Russia and central Asia on national security, backing a request from two U.S. uranium mining firms who filed the petition. “America’s ability to produce uranium is …
Key Points Kazakhstan President Nursultan Nazarbayev has anchored the country’s political system for over a quarter century, making the uncertainty of his eventual succession a potential flash point for instability. In the event of volatility in Kazakhstan, Russia would, at a minimum, seek to secure its own borders and also possibly intervene on the pretext …
Two Colorado uranium companies are jointly asking President Trump to help the U.S. uranium mining industry. In a joint letter yesterday to the U.S. Commerce Dept., Energy Fuels Inc. (NYSE: UUUU) of Lakewood and Ur-Energy Inc. (NYSE: URG) of Littleton said that they want protection from “imports of uranium products that threaten national security.” The companies …
