Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains. Terra Capital’s Matthew Langsford, Segra Capital’s Arthur Hyde, Argonaut Capital Partners’ Barry Norris and Anaconda Invest’s Renaud Saleur are among managers building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc. …
“A changing policy landscape is creating opportunities for a nuclear comeback,” according to the International Energy Agency (IEA) in the latest edition of its World Energy Outlook, with nuclear generating capacity expected to increase from 417 GWe in 2022 to 620 GWe in 2050 in a scenario based on existing energy policies. The IEA says major …
It also remains to be worked out how the authorities intend to fund a project that could end up costing $12 billion. The authorities in Kazakhstan have for many years been toying with the idea of building a nuclear power plant, but they have lacked the nerve to take a decision in the face of …
The construction and operation of four small modular reactors (SMRs) by Ontario Power Generation at its Darlington site will contribute about CAD15.3 billion (USD11.2 billion) to Canada’s GDP, including CAD13.7 billion to Ontario’s GDP, according to a report by the Conference Board of Canada. The units will create and sustain 2000 jobs each year in …
The large increase in proposed new nuclear energy projects has led the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) to establish a pre-licensing system based on the approach used by the Canadian Nuclear Safety Commission. The need for the new regulations, which were agreed at a meeting on Thursday, was the result of the large …
Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te (賴清德) said Thursday his government will not rule out the use of nuclear power provided that the technology’s safety issues are resolved. “In the future, if new technology can resolve nuclear energy safety issues and the problem relating to nuclear waste, I believe [Taiwanese] society will accept …
European Union countries’ energy ministers struck a deal to reform power market subsidies, Spain’s energy minister said on Tuesday, defusing a stand-off between France and Germany over the future competitiveness of industrial sectors. The European Commission proposed changes to the EU’s electricity market in March after EU power prices soared to record levels last year …
EU energy ministers in Luxembourg aim for deal Tuesday Electricity industry urges deal to scale up renewable power Germany rejected the latest proposal to overhaul the European Union’s power market over fears that France could use it to unfairly benefit its nuclear industry and undercut prices across the bloc. Time is running out for the …
From our homes to our businesses to our workplaces, electricity powers our lives and our economy. Building a clean, reliable and affordable electricity grid is a crucial economic and environmental pursuit. The private sector is increasingly prioritizing access to clean electricity to stay competitive and to seize new economic opportunities, including in the emerging and …
French opposition members have hit out at the government’s efforts to rein in electricity prices as part of EU talks to reform the bloc’s power market, saying the executive will be judged during the 2024 European elections. The European Commission tabled the electricity market reform proposal in March 2023 to contain rising power prices caused …
