Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, John Barrasso (R-WY), Ranking Member of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID) introduced the Nuclear Fuel Security Act (NFSA). The bipartisan legislation directs the Secretary of the U.S. Department of Energy (DOE) to establish a nuclear fuel …
New data show exports in the strategic industry jumped more than 20% last year, as long-term projects boost Russian influence. Russia’s nuclear exports have surged since the invasion of Ukraine, boosting the Kremlin’s revenue and cementing its influence over a new generation of global buyers, as the US and its allies shy away from sanctioning …
The European Parliament has urged European Union (EU) leaders to extend the sanctions introduced as a result of the war with Ukraine to include nuclear energy. The resolution “calls for the list of individuals and entities targeted by the sanctions to be expanded to include Russian companies still present on EU markets, such as Lukoil and …
House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA), Energy, Climate, & Grid Security Subcommittee Chair Jeff Duncan (R-SC), and Environment, Manufacturing, & Critical Materials Subcommittee Chair Bill Johnson (R-OH) today noticed a joint legislative hearing to discuss solutions to restore American energy dominance. “A key responsibility for Energy and Commerce is to help …
DOE had previously purchased domestic U3O8 from miners Uranium will be stored as UF6 ready for enrichment Several US uranium companies plan production restart ConverDyn has received a $14 million award for uranium conversion services from the US Department of Energy under its $75 million program to create a domestic uranium reserve to boost energy …
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 …
A view shows a board with the logo of Russian state nuclear agency Rosatom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov/File Photo U.S. firms developing a new generation of small nuclear power plants to help cut carbon emissions have a big problem: only one company …
Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of $4.5 billion comes at a …
With the rising price of oil and natural gas this year and supplies being embargoed from Russia, talk of nuclear power has increased substantially. Today we look at the commodity powering nuclear plants – uranium. Background Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as …
The Biden administration’s top energy official said the U.S. will redouble its efforts to break free from its reliance on Russian nuclear fuel. Secretary of Energy Jennifer Granholm said the White House is prioritizing development of domestic uranium-enrichment capacity and predicted key legislators will fall in line, so that a fuel-manufacturing plan can be in …
