Japanese Government Council Puts Forth Basic Policy Clearly Stating Nuclear Power Use

On December 22, the Japanese government’s Green Transformation (GX) Implementation Council (chaired by Prime Minister KISHIDA Fumio) held a meeting, at which a basic policy aimed at implementing the country’s green transformation was put forth together with a ten-year roadmap. Since July, the council had been deliberating on major reforms in the areas of energy, …

V.PTU Completes Fall 2022 Drill Program at Red Willow and Turnor Lake Projects

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of the Fall 2022 drill program at the 100%-owned Red Willow and Turnor Lake projects within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. A total of 6 drill holes were completed on these two projects and one hole …

A new era for nuclear energy post Inflation Reduction Act

 Nuclear power has been pushing electrons onto the U.S. energy grid since 1957, with little fanfare touting its steadfast reliability and carbon free attributes. However, with increasing focus on decarbonization initiatives and an influx of public and private-sector investments, nuclear energy is sharing the stage with wind, solar, and other low-carbon projects as an indispensable …

Watchdog OKs new rules to allow Japan’s nuclear plants to operate beyond 60 years

Japan’s nuclear watchdog approved new regulations Wednesday that will allow reactors to operate longer than the previous limit of 60 years as the nation looks to increase the share of power generated by nuclear energy. But realizing the plan could take time, as new legislation is needed in order to put the recommendations into practice. …

Drop in consumption means France less at risk of electric power cuts this winter

France’s electrical grid operator has lowered its forecast of power cuts through the rest of the winter, largely because of a reduced demand from consumers and higher than expected nuclear and hydropower availability. “We absolutely have the means to avoid power cuts this winter,” Thomas Veyrenc, executive director of the French grid operator RTE, said …

U.UEC Wins Award from the U.S. Department of Energy to Supply 300,000 lbs. U3O8 at $59.50/lb. to the Strategic Uranium Reserve

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce it has won a $17.85 million award to supply 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the U.S. Department of Energy (“DOE”) – National Nuclear Security Administration (“NNSA”). The award is in response to the NNSA’s Request for …