The French government has said it is “seriously” studying the option of building a plant to convert and enrich reprocessed uranium to cut its reliance on Russia following the invasion of Ukraine. The only plant in the world that currently converts reprocessed uranium for use in nuclear power plants is located in Russia. “The option of carrying out an industrial project to convert reprocessed uranium in France is being seriously …
The US Department of Energy Loan Programs Office has conditionally committed up to USD1.52 billion for a loan guarantee to Holtec Palisades for its project to bring the Palisades plant, which ceased operations in May 2022, back online. If the project proceeds, it will be the first nuclear power plant in the USA to return …
Uranium enrichment services provider Urenco has broken ground on an expansion of its plant in Almelo in the Netherlands. The move came as the company signed a new long-term supply contract with Korea Hydro & Nuclear Power. Urenco announced plans in December last year to increase capacity at its Almelo plant by 15% in response …
The UK should have done more to boost nuclear power “years ago” and is “running to catch up”, a minister has conceded. Andrew Bowie, the nuclear minister, said he made “no bones” about the fact the Government is making up for lost ground with new funds for skills and jobs aimed at shoring up Britain’s energy security …
Cheap low-carbon energy? What’s not to love… The land surrounding a nuclear power plant might not sound like prime real estate, but as more bit barns seek to trim costs, it’s poised to become a rather hot commodity. All datacenters are energy-hungry but with more watt-greedy AI workloads on the horizon, nuclear power has fresh …
The 1400 MWe pressurised water reactor has begun delivering electricity to the United Arab Emirates’ grid, weeks after achieving first criticality and bringing the four-unit plant closer to its goal of providing 25% of the country’s electricity needs. The Emirates Nuclear Energy Corporation (ENEC) announced on 23 March that its operations and maintenance subsidiary, Nawah …
South Korea’s Ministry of Science & ICT (MSIT) has signed a memorandum of understanding with eight Korean companies to cooperate on the development of next-generation nuclear reactors. “While nuclear power is emerging as a core strategic technology due to the global climate crisis and reorganisation of the energy supply chain, competition for next-generation nuclear reactors …
In the shadow of a massive monument glorifying nuclear power, over 30 nations from around the world pledged to use the controversial energy source to help achieve a climate-neutral globe while providing countries with an added sense of strategic security. The idea of a Nuclear Energy Summit would have been unthinkable a dozen years ago …
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s. On March 19, Nucor, Microsoft and Google announced the Advanced Clean Electricity request for information, or RFI, a joint initiative to stimulate development and deployment of reliable, low- or zero-carbon electricity generation technologies like advanced …
Uranium market has likely set a new floor thanks to a strong demand outlook Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel. After a 22 per cent decline over six weeks, industry experts and analysts say the uranium …
