India’s 700 MW Kakrapar nuclear reactor begins commercial operations

According to a senior official, India’s first indigenously developed 700 MW nuclear power reactors at the Kakrapar Atomic Power Project (KAPP) in Gujarat have commenced commercial operations. The official stated, “With great pleasure, this is to inform that our first indigenous 700 MWe Unit, KAPP-3, has become commercial on 30th June 2023 at 1000 Hrs.” Currently, the reactor is …

Reactor vessel and steam generators shipped to Xudapu

Four steam generators and the reactor vessel for unit 3 at the Xudapu nuclear power plant have a combined weight of 1700 tonnes and are being transported from Russia to China by road, barge and then sea from St Petersburg. The production of the equipment was carried out by AEM-Technologies, part of Rosatom-Atomenergomash. Xudapu units 3 …

Illinois may lift historic ban on building nuclear power plants as state continues transition from coal and gas

Already home to more nuclear power plants than any state in the nation, Illinois is on the verge of lifting a nearly four-decade-old ban on building reactors as the state transitions from coal and natural gas. The move comes as other states have rescinded similar bans and policymakers are taking a fresh look at nuclear …

T.CCO Releases 2022 ESG Report

Cameco (TSX: CCO; NYSE: CCJ) released its 2022 Environmental, Social, Governance (ESG) Report today. The report illustrates Cameco’s integration of ESG principles and practices in its overall strategy and day-to-day operations, including 2022 performance metrics and feature stories highlighting the company’s ESG commitments and targets. In this report, Cameco has incorporated relevant Sustainability Accounting Standards …

Korea reacts to nuclear demand with plans for 10 overseas plants

The fourth and last unit of the Barakah nuclear reactor in the United Arab Emirates built by Korean companies [KOREA ELECTRIC POWER CORPORATION] Korea is looking to become a powerhouse in nuclear power plant exports with government plans to export 10 nuclear plants by 2030. Poland, the Czech Republic, Turkey and Romania are potential candidates …

Belgium and Engie agree on nuclear reactor extensions

Belgium has reached an agreement with operator Engie (ENGIE.PA) to extend the use of the country’s nuclear reactors by 10 years after Russia’s invasion of Ukraine prompted Belgium’s governing coalition to rethink plans to rely more on natural gas. Belgium was to have exited nuclear power entirely by 2025, but will now extend the lives of its …

V.ISO Announces the Settlement of a Portion of Interest Payment in Shares

IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO) (OTCQX: ISENF) has agreed to settle a portion of the interest payments due to Queen’s Road Capital Investment Ltd. (“QRC”) (TSXV: QRC) as at June 30, 2023 in Common Shares. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company (the “2020 QRC Debenture”), as at June 30, 2023, …

EU countries eye tighter subsidies in hunt for energy market deal

European Union countries are considering stricter limits on state aid for power plants in an upcoming revamp of Europe’s electricity market, after disagreements between Germany and France over the issue sunk a deal last week. EU energy ministers failed to agree the reforms last week, after countries including Germany, Austria and Luxembourg opposed plans to …