Kepco in talks with Turkey to develop 4 nuclear power plants

A Barakah nuclear power plant in the UAE, the first overseas nuclear project for Korea Electric Power Corporation [YONHAP] The state-run Korea Electric Power Corporation (Kepco) is in discussions with the Turkish government to develop four nuclear power plants worth about 40 trillion won ($30.7 billion). A spokesperson at Kepco said on Thursday that the …

Uranium exploration supported in Canadian critical minerals strategy

The government’s newly released strategy maps out how Canada can seize the “generational opportunity” presented by a global energy transition underpinned by the exploration, extraction, processing, product manufacturing and recycling of critical minerals including uranium. The Canadian Critical Minerals Strategy was released on 9 December by Minister of Natural Resources Jonathan Wilkinson, who said it will position …

Inflation Reduction Act ‘puts nuclear on a level playing field’: Constellation Energy CEO

Constellation Energy CEO Joe Dominguez joins Yahoo Finance Live to discuss completing the separation of Exelon, the energy sector outperforming in the S&P 500, the Inflation Reduction Act, demand for nuclear energy, carbon-free energy, and the climate crisis. JULIE HYMAN: One of the best performers in the S&P 500 this year is kind of a stealth …

SMR siting work progresses in Canada and Czech Republic

The ceremony to mark the start of site preparations for the SMR at Darlington (Image: Doug Ford – Twitter) Site preparation is now under way for Canada’s first grid-scale small modular reactor (SMR) at Ontario Power Generation’s (OPG’s) Darlington site. Meanwhile, an initial geological survey has been completed for a proposed SMR at the Temelín …

Centrus Energy, DOE finalise HALEU contract

The first phase of the USD150 million contract will see demonstration production of high-assay low-enriched uranium (HALEU) at Piketon by the end of 2023. Centrus says it could scale up the facility to commercial production capacity, given sufficient funding. The contract signed by Centrus subsidiary American Centrifuge Operating LLC (ACO) and the US Department of …

Why Silicon Valley is so hot on nuclear energy and what it means for the industry

The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under construction here. Pallava Bagla | …