V.PTU Receives DTC Eligibility

Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today that its common shares are now eligible for settlements through the Depository Trust Company (“DTC”), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. “This eligibility will simplify …

Challenge from renewables forces nuclear industry to look beyond electricity generation

Dive Brief: Federally-backed research on applications for nuclear power plants outside of electricity generation could offer new potential for the industry, panelists said Tuesday at a conference hosted by the U.S. Nuclear Regulatory Commission. The Idaho National Laboratory (INL) is modeling ways high-temperature nuclear reactors and small modular reactors could be used to offer thermal …

Zaporizhzhia NPP, status update

For the fourth day in a row, the Zaporizhzhia NPP and the Enerhodar city remain under the control of Russian military units. Two power units of Zaporizhzhia NPP are in operation and are connected to the grid, one unit is in outage, the others are in the shutdown mode. Operational personnel monitor the state of …

World’s fourth Hualong One unit connected to grid

Unit 3 of the Karachi nuclear power plant in Pakistan was successfully connected to the gird on March 4, laying a solid foundation for its commercial operation. Karachi unit 3 is a Hualong One overseas demonstration project and the fourth Hualong One unit around the globe. Its connection to the grid means that all four Hualong …

Latvia should build nuclear power plant together with Estonia – Pabriks

Latvia should build a nuclear power plant together with Estonia, Latvian Minister of Defense Artis Pabriks (Development/For) said on Twitter. In the future, Latvia will have to combine three energy resources – wind and solar power, as well as energy produced at a nuclear power plant, plus limited gas supplies, Pabriks points out. He believes that the nuclear power plant …

Amended nuclear power bill advances with unresolved issues

Concerns remain about the Natrium nuclear power plant’s reliance on a Russian enrichment facility for fuel. A measure to clarify state and federal regulatory roles regarding TerraPower’s planned Natrium nuclear power plant passed a Senate committee Monday with no opposing votes. But members of the public highlighted several issues that remain largely unresolved in the …

Ban on Russian Energy Imports Gains Bipartisan, Bicameral Steam in Congress

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on …

Belgian Greens make U-turn to consider nuclear plants extension

 Belgium should keep an open mind about extending the life-span of its remaining nuclear power plants, the country’s Green energy minister said on Monday, in a shift of position prompted by the conflict in Ukraine. After months of debate, Belgium’s seven-party coalition government agreed a compromise in December that the country’s last nuclear power plant …

War highlights uranium worry for the advanced nuclear industry

Ural Electrochemical Integrated Plant Director General Alexander Belousov stands next to gas centrifuges for uranium isotope separation in a separation workshop of the plant, in Novouralsk, about 40 miles northwest of Yekaterinburg, Russia. Advanced nuclear reactors like the one that TerraPower wants to build in Kemmerer require a type of enriched uranium that’s currently only …