Leading Independent Proxy Advisory Firms Recommend Voting in Favour of T.U’s Arrangement to Form the Sprott Physical Uranium Trust

Uranium Participation Corporation (“UPC”) (TSX: U) is pleased to announce that two of the leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”), have recommended that shareholders of UPC vote FOR the plan of arrangement among UPC, Sprott Asset Management LP (“SAM LP”, a wholly owned …

3rd-gen nuclear power unit starts in Liaoning as China accelerates carbon reduction

With the successful connection to the grid, the No. 5 unit of the Hongyanhe Nuclear Power Plant started operating on Friday in Dalian, Northeast China’s Liaoning Province, adding to China’s third-generation nuclear power industry, which has been on a fast track to achieve a carbon emissions peak by 2030 and carbon neutrality by 2060, analysts …

Why the government’s push to finally drop the ban on nuclear power in Australia could be one of the most important decisions in a generation

Barnaby Joyce, who supports nuclear power, became Nationals leader this week  Ministers have reportedly had discussions about lifting ban on nuclear energy  But Scott Morrison says nuclear needs bi-partisan support and Labor is opposed Supporters say nuclear is used safely in US and Europe to provide reliable power The federal government is reportedly considering a …

State senate still has yet to strike a deal to save Byron nuclear plant

Exelon says plant will close as planned without ‘quick passage of legislation’ SPRINGFIELD — The Illinois Senate failed to come up with a Clean Energy Bill this week, with environmentalists and labor leaders far apart on the negotiations. That means the future of the Byron Generating Station is still up in the air. “We are …

Hongyanhe 5 achieves first criticality

Unit 5 of the Hongyanhe nuclear power plant in China’s Liaoning province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation. The first pre-critical control point of Hongyanhe …

Fuel Cladding Failures at Nuclear Power Plants Explained

The China Atomic Energy Authority (CAEA) informed the IAEA yesterday that a minor fuel cladding failure  had occurred at the Taishan Nuclear Power Plant. What are fuel cladding failures, and what do they mean for safety? Read our explainer to find out. Nuclear power plants are designed with multiple back-up and diverse safety systems as part of …

Iraq hopes to build 8 nuclear power reactors by 2030

The country currently uses electricity and gas imports from neighbouring Iran to generate around a third of its electricity. BAGHDAD: Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order to reduce its external energy dependence, an official said Tuesday. The country currently uses electricity and gas imports …

5 Key Takeaways from the Nuclear Energy FY2022 Budget Request

The U.S. Department of Energy (DOE) recently released its Fiscal Year 2022 (FY22) Congressional Budget request which seeks a record $1.8 billion for the Office of Nuclear Energy (NE). This is a historic level of commitment by the Biden-Harris Administration and it clearly recognizes the important role our current nuclear fleet and future reactors will play in …