South Korea on Wednesday held a ceremony to celebrate the operation of its 27th nuclear reactor, as the country has striven to become a nuclear powerhouse and to better manage electricity demand. The construction of the Shin Hanul No. 1 nuclear reactor began in 2010 in Uljin, 307 kilometers southeast of Seoul, and was completed …
The government’s newly released strategy maps out how Canada can seize the “generational opportunity” presented by a global energy transition underpinned by the exploration, extraction, processing, product manufacturing and recycling of critical minerals including uranium. The Canadian Critical Minerals Strategy was released on 9 December by Minister of Natural Resources Jonathan Wilkinson, who said it will position …
(Image: BEIS) The UK government’s funding of GBP60 million (USD 74m) for research into High Temperature Gas Reactors, a type of Advanced Modular Reactor (AMR), aims to help get a demonstration project up and running by the end of the decade. The UK government’s funding announcements on Tuesday also included GBP4 million for the AMR …
Korea Hydro and Nuclear Power (KHNP) confirmed that Hanbit unit 4 resumed power generation at 3:40 am on 11 December, ending an outage that began in May 2017. The six-unit Hanbit nuclear power plant (Image: KHNP) The unit was taken offline for a “planned preventive maintenance” outage but remained offline after the discovery of “voids” …
Unit 3 at the Barakah nuclear power station has been brought to 100% of its reactor power capacity for the first time as part of its testing activities, project company Emirates Nuclear Energy Corporation (Enec) said. The milestone brings the third unit of the four-unit Barakah station – the first commercial nuclear power station in …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the successful completion of the neutralization phase of the Phoenix in-situ recovery (“ISR”) Feasibility Field Test (“FFT”) at the Company’s 95% owned Wheeler River project (“Wheeler River” or the “Project”). Sampling of monitoring wells around the FFT site has confirmed the successful restoration of the Leaching Zone (defined …
Constellation Energy CEO Joe Dominguez joins Yahoo Finance Live to discuss completing the separation of Exelon, the energy sector outperforming in the S&P 500, the Inflation Reduction Act, demand for nuclear energy, carbon-free energy, and the climate crisis. JULIE HYMAN: One of the best performers in the S&P 500 this year is kind of a stealth …
The Dutch Council of Ministers has designated the existing Borssele nuclear power plant site as the preferred location for two new reactors. It has also called for a feasibility study into extending the operation of the existing Borssele plant beyond 2033. In December 2021, the Netherlands’ new coalition government placed nuclear power at the heart …
French nuclear output surpassed 40 gigawatts (GW) for the first time in nine months this weekend as the country experiences a cold snap, in a sign that the resumption of three reactors was boosting production, grid operator RTE data showed on Sunday. The head of the country’s CRE energy watchdog had said on Friday that …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced the closing of its previously announced non-brokered private placement (the “Private Placement”). In connection with the closing, the Company issued 48,642,857 flow-through units (“Flow-Through Units”) at a price of $0.07 per unit for aggregate gross proceeds of $3,405,000. Each Flow-Through Unit …