Among the rising demand for critical minerals is a surge in uranium mining stocks that corresponds to advancements in artificial intelligence (AI) and a push for greater use of nuclear energy. Many people are viewing nuclear energy as a viable source due to its low greenhouse gas profile while also delivering the highest capacity. Essential to nuclear energy is …
Apollo (NYSE: APO) today announced that Apollo-managed affiliates, funds, and strategic accounts have signed an agreement to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (“EDF”) pursuant to its €50 billion Euro Medium Term Note (“EMTN”) program. Proceeds from the financing will be used primarily to finance EDF projects …
Gov. Hochul directs state’s public electric utility to add at least 1 gigawatt of new nuclear-power production New York intends to build a large nuclear-power facility, the first major new U.S. plant undertaken in more than 15 years and a big test of President Trump’s promise to expedite permitting for such projects. Gov. Kathy Hochul said in an interview …
Centre may consider amendments to Atomic Energy Act, Civil Liability for Nuclear Damage Act as promised by Finance Minister while announcing nuclear energy mission; could remove hurdles for private investment The Union government may consider legislation to amend aspects of the Atomic Energy Act and the Civil Liability for Nuclear Damage Act in the upcoming Monsoon Session …
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply as demand is expected to rise …
The 18-month timeline halves NRC’s “generic schedule” for a construction permit application. But Dow is unlikely to greenlight the Texas project before 2028, a spokesperson said. The U.S. Nuclear Regulatory Commission could approve construction of X-energy’s first commercial small modular reactor deployment by the end of 2026, the company said Monday. The 18-month review timeline would …
Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. Next-gen nuclear power company TerraPower today announced $650 million in new funding. The round includes new investor NVentures, the venture capital arm of leading computer chip maker NVIDIA, as well as current investors Bill Gates, who helped found the company, and HD …
The reactor-building spree would make China by far the world’s largest nuclear power generator, while the US strives to revive its own industry China will nearly double its nuclear power capacity by 2040, making it by far the world’s largest nuclear power generator, according to a new report by the China Nuclear Energy Association (CNEA). …
“It is in Hungary’s strategic interest to cooperate as closely as possible with Canada, as it is the world’s second largest country in terms of area, with vast untapped natural resources and energy potential,” according to a statement issued by Levente Magyar, Parliamentary State Secretary for Foreign Affairs and Trade in Toronto. Following the talks, …
Slovakia is close to a deal with Washington that would see U.S. company Westinghouse build a new nuclear reactor in the central European country, Prime Minister Robert Fico said on Tuesday. Slovakia, which currently has five nuclear reactors at two plants, plans to expand its nuclear power capacity in the coming decades to meet …
