Korea Hydro & Nuclear Power’s (KHNP’s) APR1000 reactor design has been formally certified as compliant by the European Utility Requirements (EUR) organisation – a technical advisory group for European utilities on nuclear power plants. The Korean nuclear industry – including KHNP, KEPCO E&C, KEPCO NF, and Doosan Enerbility – officially applied for EUR certification in …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced that due to significant demand, the Company and Red Cloud Securities Inc. (the “Underwriter”), as sole underwriter and bookrunner, have agreed to increase the size of the previously announced “bought deal” prospectus offering (the “Offering”) from C$25.0 million to C$50.0 million. Under …
French President Emmanuel Macron’s government sees “no problem” funding the six new nuclear reactors he has proposed building, a project that by one estimate could cost at least €51 billion ($54 billion). “We trust the nuclear industry, there’s no difficulty ahead to fund nuclear reactors announced by the president,” government spokesman Olivier Veran said after …
In the energy industry, there are four generalized life-cycle phases of greenhouse gas emission generation, though some may widely differ from one technology to another. The life cycle starts with the upstream phase, which is when extraction begins for all materials needed to assemble the machinery and infrastructure required to produce the energy.The second phase is production, …
State legislation requires the state energy commission to determine the need to extend Diablo Canyon’s license beyond 2025. The California Energy Commission on Tuesday approved a staff analysis recommending the state pursue extending the operation of the Diablo Canyon Power Plant through 2030 to ensure electricity grid reliability. Officials said they considered data showing California risks energy supply shortfalls during …
The Cabinet agreed on a package of bills Tuesday to allow nuclear reactors to operate beyond their current 60-year limit, marking a major shift in government policy since the 2011 nuclear accident in Fukushima Prefecture. The government aims to pass the bills in the current Diet session. The package of bills will revise five laws: …
Eleven EU member states vowed on Tuesday to “strengthen cooperation” on nuclear energy, which they said would help Europe move away from carbon-emitting fossil fuels. Bulgaria, Croatia, Czech Republic, Finland, France, Hungary, Netherlands, Poland, Romania, Slovakia and Slovenia agreed “to support new projects” alongside existing nuclear plants, according to a statement released during a meeting …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (FRANKFURT: G12) announced today that the Company’s joint venture, Befesa Silvermet Turkey (“BST”), zinc production plant, is expected to resume operations in early March, following the earthquake of February 6, 2023. The BST plant sustained only minimal damage and following a thorough assessment, has been declared operational. …
French energy transition minister Agnès Pannier-Runacher will meet on Tuesday (28 February) with twelve counterparts in Stockholm to discuss the potential launch of a brand new “nuclear alliance” within the EU. Pannier-Runacher will be in Stockholm on Monday and Tuesday (27 and 28 February) for two days of informal talks with fellow EU energy and …
The first new nuclear reactor for a British power station for more than 30 years has arrived in Somerset. At just 13-metres long and weighing 500-tonnes, the “reactor pressure vessel” will create the heat needed to make steam for the world’s largest turbines. It is the first of two nuclear reactors which will be installed …