The nuclear energy landscape in the United States is changing rapidly as demand for clean firm power rises and the nation strives to meet its climate goals. Thanks to the Bipartisan Infrastructure Law and Inflation Reduction Act, the domestic nuclear industry is leveraging federal funding, loan authority, and new tax incentives to extend reactor operations, …
Duane Arnold Energy Center The owner of the Duane Arnold nuclear power plant is weighing whether to bring the facility back online as more power hungry data centers are coming to eastern Iowa. The Duane Arnold Energy Center in Palo shut down four years ago with its owner, NextEra, saying it wasn’t economically viable anymore. …
FISSION URANIUM CORP. (TSX: FCU) (OTCQX: FCUUF) (“Fission” or the “Company“) announced today that the hearing for the final order (the “Final Order“) approving the previously announced plan of arrangement (the “Arrangement“) with Paladin Energy Limited (“Paladin“) before the Supreme Court of British Columbia (the “Court“) was completed on September 26, 2024. CGN Mining Company Limited (“CGN“), a subsidiary of …
Transformative Year with Wyoming ISR Production Restart, 100% Unhedged Uranium Exposure and Subsequent Accretive Acquisition of Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets Successful startup of uranium production at the past-producing Christensen Ranch in-situ recovery (“ISR”) operations and Irigaray Central Processing Plant (“CPP”) in Wyoming’s Powder River Basin. South Texas hub-and-spoke ISR production platform …
National Atomic Company “Kazatomprom” JSC participated in the Financing the Tripling of Nuclear Energy Forum hosted by Net Zero Nuclear. The Forum, attended by global leaders of large financial institutions and governmental officials, serves as yet another indicator that the uranium market fundamentals are stronger than ever. Kazatomprom as the largest uranium producer in the …
Westinghouse President and CEO Patrick Fragman visited Poland last week and the site of the country’s first nuclear power plant to see the progress of preliminary work along the Baltic Sea. He also met with Polish President Andrzej Duda, U.S. Ambassador Mark Brzezinski and many other leaders on the heels of the government’s new commitment …
The Philippines aims to have its first nuclear power plant by 2032, joining Asian counterparts in turning to the emissions-free power source for its booming electricity needs. The government will prioritize legislation focused on nuclear safety, and ensure that legal and regulatory frameworks are in place to safeguard public health, environmental protection and national security, …
US uranium production continues to grow, with 2024’s year-to-date production already more than triple that recorded for the whole of 2023, according to the latest figures from the US Energy Information Administration (EIA). Meanwhile, as press reports suggest US concern that its ban on Russian uranium might be being circumvented, the Office of the United …
China General Nuclear Power Group is a world-leading clean energy supplier and service provider. In the three decades since its founding, CGN has produced over 2,900 TWh of clean energy power, making a significant contribution to China’s progress toward carbon neutrality. In the nuclear power sector, CGN showcases robust capabilities. Currently, CGN operates 28 nuclear …
Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University in Pittsburgh said small modular nuclear reactors (SMRs) could possibly be used to generate the needed electricity. Pichai …
