Electric Cars May Make French Power Demand Rise Again, EDF Says

The French government could be wrong to assume that power demand will stagnate or decline because electric cars could boost consumption, according to the boss of the country’s largest utility. The cautious view would be to plan for a “slight” increase in power demand, Electricite de France SA Chief Executive Officer Jean-Bernard Levy said at a …

GE Says It Wins $700 Million Order for First Egypt Nuclear Plant

General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company said. GE will supply four turbine units for the country’s planned 4,800 megawatt El Dabaa nuclear facility, it said Tuesday in a statement. The company will deliver one turbine each year from 2023 …

2 Strong Signs That Cameco Corp’s Best Days Lie Ahead

Low cost uranium mining giant Cameco Corp (TSX:CCO)(NYSE:CCJ) is battling to survive the prolonged dip in the oversupplied uranium market, but there is new hope among contrarian investors on the stock as recent supplier collaborative efforts are beginning to yield some fruit. Two important factors favour the prospect of a sustained recovery on Cameco stock, …

Nuclear Power Roundup: New Milestones Reached on Several Reactors

A handful of nuclear power projects around the world completed notable achievements recently: Rostov 4 entered commercial operation, Tianwan 4 achieved first criticality, the Akademik Lomonosov floating nuclear power plant completed fuel loading, Leningrad II-1 received its commissioning permit, and the dome was installed on Karachi 3. Rostov 4 Rostov Unit 4 was placed into commercial …

President Trump Signs Bill to Boost Advanced Nuclear in America

President Donald Trump signed into a law new legislation that will speed up the development of advanced reactors in the United States. The Nuclear Energy Innovation Capabilities Act (NEICA) eliminates some of the financial and technological barriers standing in the way of nuclear innovation. It also represents a strong commitment by the government to support the commercial …