Uranium stocks in 2022: Sprott CEO calls for another bullish year

With descriptors like “enormous growth” and “tremendous impact”, Sprott Asset Management’s chief executive officer sounds like he’s talking about the Incredible Hulk when describing his massive bet on uranium in 2021. The Toronto-based firm’s Physical Uranium Trust (U-UN.TO), the only publicly-listed fund in North America that invests in physical uranium, has grown its assets from …

Provinces’ next step on building small nuclear reactors to come in the new year

Four provinces are exploring how to harness nuclear energy. Clockwise from top left are Saskatchewan Premier Scott Moe, Ontario Premier Doug Ford, New Brunswick Premier Blaine Higgs and Alberta Premier Jason Kenney. (CBC) Alberta joined Saskatchewan, Ontario and New Brunswick in team effort to harness nuclear energy Alberta’s ministry of energy says the four provinces cooperating …

Commodities 2022: Nuclear energy advocates see new climate focus buoying industry

Infrastructure bill funds two reactors, including one in Wyoming Legislation includes $6 billion in credits for merchant nuclear units One new reactor expected to come online in 2022, one to retire The current focus on climate change has changed the conversation on nuclear energy, creating momentum for public and private sector action in 2022 to help push …

Fuel loading has started at Belarus NPP Unit 2

On 22 December, on Power Engineers’ Day – the professional holiday, loading of fresh fuel started at Belarus NPP Unit 2 (general designer and general contractor is ROSATOM Engineering Division). At 10:11 а.m. the first fuel assembly (FA) with nuclear fuel was loaded into the reactor core. Totally 163 fuel assemblies will be consequentially loaded …

The Olkiluoto 3 EPR plant unit started up

First criticality of the OL3 EPR plant unit was reached on Tuesday, December 21, 2021 at 3.22 a.m. OL3 EPR’s electricity production starts when the unit will be connected to the national grid at the end of January 2022. OL3’s reactor started up today on Tuesday, December 21 at 3.22 a.m. The moment of the …

Japan nuclear reactor operations: Kyushu Electric restarts Sendai No. 1 reactor

TOKYO, Dec 20 (Reuters) – Japan’s Kyushu Electric Power (9507.T) has restarted the No. 1 reactor at its Sendai nuclear power plant in southwestern Japan after scheduled maintenance and refuelling, a spokesperson said on Monday. The utility restarted the 890-megawatt (MW) reactor on Saturday, the spokesperson said. The reactor had been shut since Oct. 17 when the …

World’s first HTR-PM nuclear power plant connected to grid

China announced on December 20 that at the Shidaowan Nuclear Power Plant (NPP) in Shandong province of east China, the world’s first High Temperature gas cooled Reactor of Pebble bed Module (HTR-PM) is now connected to the grid. It is also the first fourth generation (GEN IV) NPP of High Temperature Gas cooled Reactor (HTGR) connected to the grid, along with its unique inherent …