The startup will initially target sites with active Nuclear Regulatory Commission permits, Chief Development Officer Juliann Edwards said. The Nuclear Co. plans to develop a series of nuclear plants in the United States “using proven, licensed technology and a design-once, build-many approach,” the company said on Thursday. The startup will focus on sites that already have some …
Centrus Energy (NYSE:LEU) Corp. (NYSE American:LEU), a company specializing in the mining and quarrying of nonmetallic minerals, has received a partial waiver from the U.S. Department of Energy (DOE), according to a recent 8-K filing. The waiver, issued on Thursday, allows the company to import low enriched uranium (LEU) from Russia for deliveries already committed to …
Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing foreign media. Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing Kazinform. The building start-up contract was signed by Russian President Vladimir Putin on May 27. Uzbekistan’s Atomic Energy Agency …
Rolls-Royce SMR is first ever UK reactor design to be submitted for consideration Evaluation of potential benefits and detriments is required for in-principle justification of any new nuclear practice The Nuclear Industry Association has applied for a justification decision for Rolls-Royce SMR’s reactor design. Our application makes the case that the benefits of clean, firm, flexible …
The first unit at the Akkuyu nuclear power plant is being prepared for the loading of dummy fuel, and with three more units under construction, the two sides discussed the potential of collaborating on a second nuclear power plant in Turkey. Rosatom CEO Alexei Likhachev, pictured above, left, and Turkey’s Energy Minister Alparslan Bayraktar, above, …
The top DOE appropriator in the House seeks to accelerate two existing demonstration projects and the deployment of small modular reactors. The House Appropriations Committee passed legislation last week that would provide a $9 billion boost to two existing nuclear reactor demonstration projects and the deployment of at least one small modular reactor, despite criticism from Democrats …
South Korean nuclear energy stocks surged after Korea Hydro & Nuclear Power Co. was chosen to build two reactors in the Czech Republic, beating out French and US rivals for the multibillion dollar project. Shares in KEPCO Engineering & Construction Co., which is owned by KHNP’s parent Korea Electric Power Corp (KEPCO), rose as much …
The Australian uranium producer’s output would be third globally, behind Kazatomprom and Cameco Corp. Paladin Energy Ltd.’s top boss says its takeover of Fission Uranium Corp. would make it the third-largest publicly traded uranium producer, offering investors an alternative in a sector dominated by two giants. Paladin would churn out 10 per cent of global uranium output after …
The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …
Experts estimate that central Jordan holds approximately 41,000 tons of yellowcake uranium, according to Dr. Khaled Al-Khasawneh, Commissioner of Nuclear Power Reactors at the Jordan Atomic Energy Commission (JAEC). The announcement was made during a lecture organized by the Ministry of Energy and Mineral Resources in partnership with the JAEC. The session focused on the …