T.DML Reports Strong Operational and Financial Results for 2021 Backed by Improving Uranium Market and $41.4 million gain on Physical Uranium Holdings

By John Dyer   Posted in Equities
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Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Audited Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the year ended December 31, 2021. Both documents will be available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents …

Ukraine: No Radiation Danger After Russian Shelling Caused Europe’s Largest Nuclear Power Plant to Catch Fire

By John Dyer   Posted in Existing Fleet U
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Europe’s largest atomic energy plant is now under Russia’s control, according to a statement by Ukraine’s nuclear power regulatory body. “Currently, the site of the Zaporizhzhia NPP is occupied by the military forces of the Russian Federation,” it said in a statement Friday. “The plant’s staff continues to work on power units, ensuring the stable operation …

Xcel Energy Considering Nuclear Operator Role at Idaho NuScale SMR Plant

By John Dyer   Posted in Nuclear Technology U
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By 2030, Xcel Energy projects that approximately 80% of its energy will come from carbon-free resources. It expects to be coal-free by 2034. Source: Xcel Energy, 10-K filing, Feb. 23, 2022. Xcel Energy is exploring a role as operator of the 462-MWe Carbon-Free Power Project (CFPP), potentially becoming a key member of the first-of-its-kind small modular …

Philippines approves revival of nuclear power to help replace coal

By John Dyer   Posted in Nuclear Attitude U
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FILE PHOTO: The Bataan Nuclear Power Plant is seen during a media tour around the BNPP compound in Morong town, Bataan province, Philippines Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing out of coal-fired power plants and after earlier …

V.PTU Begins the 2022 Season Returning Over 33,000 CPS from Initial Drilling at Red Willow’s Osprey Zone

By John Dyer   Posted in Equities
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Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) is pleased to announce today, preliminary results from its current drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada.  Ongoing drilling is tracking and defining a uranium bearing hydrothermal system at the Osprey Zone highlighted by …

What the Russia crisis means for U.S. electricity mix

By John Dyer   Posted in Politics U
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Gasoline prices have spiked in the aftermath of Russia’s invasion of Ukraine, but the effects of the conflict are also spilling into the U.S. electricity sector, with implications for greenhouse gas emissions and energy policy. Although the crisis isn’t expected to derail electric utilities’ broad shift toward cleaner energy sources, it could temporarily extend coal’s …

ORNL, TVA Partner to Drive Decarbonization, Explore Carbon-Free Technologies

By John Dyer   Posted in Nuclear Technology U
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 The U.S. Department of Energy’s Oak Ridge National Laboratory and the Tennessee Valley Authority (TVA), are joining forces to advance decarbonization technologies from discovery through deployment through a new memorandum of understanding, or MOU. Eliminating carbon dioxide emissions in the production of U.S. electricity is essential to achieving the federal government’s goal of net-zero carbon …