KEY POINTS “It is crucial to diversify energy supply and reduce European dependency on gas-exporting countries as fast as possible,” Le Maire said in a letter last week. Some national EU governments, namely Spain, have asked for a European response to the spike in energy prices. The European Commission, the executive arm of the EU, …
Rolls-Royce is poised to land ‘billions of pounds’ worth of orders for mini nuclear power stations from Eastern European nations, the boss of a major investor has said. A consortium led by the engineering giant has secured £210million of funding from private investors for its small modular reactors (SMRs) programme in the UK. That is …
FILE PHOTO: Agnes Pannier-Runacher, French deputy Minister for Industry, speaks during the questions to the government session at the National Assembly in Paris, France, September 21, 2021. REUTERS/Gonzalo FuentesREUTERS PARIS (Reuters) – France could decide to build six new nuclear EPR reactors before EDF’s EPR nuclear power plant in Flamanville, northwestern France, is fully operational, …
Exelon Generation is now hiring hundreds of employees and investing hundreds of millions of dollars to prepare Byron and Dresden for long-term operations Now that the Illinois General Assembly has passed sweeping clean energy legislation preserving its nuclear plants, Exelon Generation is moving quickly to fill 650 vacant positions across the state and jumpstart more …
The nuclear energy sector does not shy away from innovation, with the industry embracing new methods and robotic tech to boost its safety and efficiency. While nuclear energy is considered generally safe, the industry is still tackling criticisms of its safety and cleanliness, and justifying why even more investments should be poured into the sector during …
Australia is a country nearly the size of the continental US with a population of about 26 million people. It is a country with vast open spaces. Most of its population is found on its east coast in New South Wales and Queensland, some population centers in Western Australia, South Australia, the Northern Territories and …
(Bloomberg) — Billionaires Elon Musk and John Elkann share optimism about the future of everything from space exploration and energy to artificial intelligence and agree Ferrari NV should steer clear of autonomous-driving technology. The two spoke for more than 45 minutes on Friday during Italian Tech Week, an event the chairman of Ferrari and Stellantis …
Uranium had been sitting at historic lows for most of the last decade, but as demand and sentiment surrounding uranium turned around slowly, prices have begun to turn around. Prices have risen by 40% in the month of September alone, overtaking all other major commodities. A few weeks ago, millions of pounds of supplies were …
After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead. Prices have surged about 40% just in September, outpacing all other major commodities. In just a few weeks, millions of pounds of supply was scooped up by the Sprott Physical Uranium Trust. It’s a massive bet on …
The Biden administration’s top energy official said the nuclear industry should broaden its business case beyond power markets in order to ensure its place in a carbon-free economy. US nuclear energy has come under relentless pressure in recent years from cheap natural gas, solar and wind power. More reactors are being taken offline permanently than …
