China General Nuclear Power Group is a world-leading clean energy supplier and service provider. In the three decades since its founding, CGN has produced over 2,900 TWh of clean energy power, making a significant contribution to China’s progress toward carbon neutrality. In the nuclear power sector, CGN showcases robust capabilities. Currently, CGN operates 28 nuclear …
Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities. The Polish government’s decision to invest 60 billion zloty in the construction of its first nuclear power plant marks a decisive milestone in the country’s energy strategy. The project is …
The first large-scale nuclear power plant in the world began operating in Shippingport, Pennsylvania, on December 2, 1957—15 years after Enrico Fermi demonstrated the first sustained nuclear reaction. The Duquesne Light Company of Pittsburgh built and operated the Shippingport Atomic Power Station on a site it owned on the Ohio River until the power plant …
A group of the world’s biggest banks said Monday they will increase support for the expansion of nuclear power, according to the Financial Times. The banks, including Barclay’s, Bank of America, Citi, Morgan Stanley, BNP Paribas, and Goldman Sachs will make the formal announcement later Monday at an event with White House climate policy advisor John …
The industry associations representing the global nuclear industry are calling on multilateral development banks, such as the World Bank, to include nuclear energy in their investment portfolios as part of efforts to accelerate the deployment of new nuclear projects to help address the climate crisis. In a communiqué issued to mark the Government-Industry ‘Roadmaps to …
Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges. The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest $1.6 billion to revive it, agreeing to sell all the output to Microsoft Corp. as the tech titan seeks carbon-free electricity for data centers to power the artificial …
Japan may still be grappling with the far-reaching consequences of the Fukushima nuclear disaster, but the politicians vying to be its next leader agree on one thing: the country needs more atomic power. The ruling Liberal Democratic Party will choose its new chief next week, who will also become prime minister. Most of the …
New nuclear power plants in Georgia have helped flip the state’s power mix so that electricity from clean energy sources has exceeded fossil fuel electricity output for the first time. Georgia’s higher nuclear generation has in turn helped to slash the carbon intensity of power generation within the Southern Services power system, which produces electricity …
Leaders from the United States, Canada, France, Japan, and the United Kingdom, referred to as the Sapporo 5, released the following joint statement today on the margins of the 68th International Atomic Energy Agency (IAEA) General Conference in Vienna, Austria: Sapporo 5 Investments for Nuclear Fuel Security Recognizing the critical need for nuclear energy to achieve …
U.S. production of uranium concentrate (U3O8) in the second quarter of 2024 totaled 97,709 pounds U3O8, an 18% increase from first quarter’s production of 82,533 pounds U3O8. This quarter’s total uranium production occurred at five facilities, four in Wyoming (Nichols Ranch ISR Project, Ross CPP, Lost Creek Project, and Smith Ranch-Highland Operation) and one in …
