Nuclear power gets another look in ‘all-of-the-above’ energy approach as climate worries mount

Nuclear energy is increasingly getting another look by federal and state officials seeking to cut greenhouse gas emissions and bolster energy security. The industry, which is struggling to grow in the U.S., could increase generating capacity in 2023 if Southern Company’s Vogtle units 3 and 4 come online as expected. A federal zero-emission nuclear power …

NRC Certifies First U.S. Small Modular Reactor Design

The U.S. Nuclear Regulatory Commission (NRC) issued its final rule in the Federal Register to certify NuScale Power’s small modular reactor. The company’s power module becomes the first SMR design certified by the NRC and just the seventh reactor design cleared for use in the United States. The rule takes effects February 21, 2023 and equips the …

Small modular reactors could hold key to electrifying heavy transport: Michigan study

Distributed energy resources, including nuclear, can help affordably reduce emissions associated with heavy-duty vehicles, relative to building traditional grid infrastructure. Distributed solar, energy storage and small modular reactors in particular may hold the key to economically electrifying the heavy transport sector, according to a study supported by the U.S. Department of Energy’s Idaho National Laboratory. …

S. Korea discusses nuclear power cooperation with Poland, Czech Republic

This photo, provided by South Korea’s state-run Korea Hydro & Nuclear Power (KHNP) Co. on Nov. 11, 2022, shows the Patnow power station in Poland.  (Yonhap) South Korea’s Industry Minister Lee Chang-yang has met with senior officials from Poland and the Czech Republic to discuss ways to enhance cooperation in nuclear power generation and other …

ENEC showcased the success of the Barakah Plant – the largest source of clean electricity in the region at the World Future Energy Summit

 ENEC highlighed Barakah’s significant contribution towards Net Zero by 2050 and efforts to tackle climate change – The Barakah Plant is delivering energy security and powering sustainable economic growth with zero-emission baseload electricity     The Emirates Nuclear Corporation (ENEC) has showcased the critical role of nuclear energy as a global climate change solution at …

V.PTU Begins Drill Program at Red Willow

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the commencement of drilling at its 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. “At our Osprey Zone and the nearby Radon Lake Zone, we are continuing to follow-up on significant uranium signatures identified across much …

French bill on accelerating nuclear new build progresses to Senate

The French Senate has begun discussing a bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites and to the operation of existing facilities. In February last year, President Emmanuel Macron proposed the construction of six new EPR2 reactors, with an option for a further eight EPR2 reactors …

U.U Report Key Trends for 2023 and December Recap

Performance as of December 31, 2022 Asset 1 MO* 3 MO* Year 2022 U3O8 Uranium Spot Price 1 -2.27% 0.12% 14.74% Uranium Mining Equities (Northshore Global Uranium Mining Index) 2 -4.87% -2.44% -11.42% Commodities (BCOM Index) 3 -2.80% 1.18% 13.75%  U.S. Equities (S&P 500 TR Index) 4 -5.76% 7.56% -18.11% U.S. Bonds  (Bloomberg Barclays US Agg Total Return Value Unhedged USD Index) 5 …

T.LAM Resources Ltd. Announces Proceeds from Successful Exercise of Warrants

Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that 17,175,000 or 100% of the outstanding warrants to purchase common shares of the Company that expired on January 16, 2023 with a strike price of 30 cents, have been exercised. All cash amounts expressed in Canadian dollars. Laramide Logo (CNW …