China: Homes of 200,000 residents in Haiyang now fully heated by nuclear power

A person riding a tricycle with an umbrella during snowfall in China’s eastern Shandong province. More than 200,000 residents of Haiyang city in the eastern coastal province of Shandong, China have begun to receive nuclear power-generated central heating for winter. (AFP) The residents of Haiyang city in the eastern coastal province of Shandong, China have …

T.NXE awards Hatch EPCM contract as front-end engineering design for Rook 1 Project

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has awarded the engineering, procurement, and construction management (“EPCM”) contract for the FEED stage of the Rook I Project to Hatch with work well underway.  Hatch is a global leader in project management and engineering with …

Uranium Energy Corp Creates America’s Largest Uranium Mining Company with the Acquisition of Uranium One Americas

Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce the Company has entered into a definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), to acquire all the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase …

Turkey to begin work on 2 more nuclear power plants: Erdoğan

Turkey will swiftly start preparations for its second and third nuclear power plants, the country’s president said Tuesday. These will follow the country’s first nuclear power plant, Akkuyu, which is being built in the southern Mersin province. “We are carrying out our studies considering the growing energy needs. We plan to commission the first unit …

GE Splitting Into Three Companies, Will Spin Off Energy Group

General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of …

Choosing Canadian Generation IV SMR would reward Ontario with once-in-a-generation economic windfall

· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids · Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050 · Only Generation IV reactor technology will improve the economics of nuclear power …

Korea, France and the U.S. Likely to Compete for Polish Nuclear Power Plant Project

Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project. The consortium of South Korea, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., …

Congress approves $1.2 trillion infrastructure bill with funding for transmission, hydrogen and EVs

The House on Friday approved a $1.2 trillion bipartisan infrastructure bill that includes about $65 billion for grid infrastructure and $50 billion for cyber and climate resilience over five years. Approved by the Senate in August, the bill now heads to President Joe Biden. Utility and renewable energy trade groups heralded the bill’s passage on Friday, …

Mairead McGuinness urged to reclassify nuclear power as possible ‘green’ solution for EU

Irish Commissioner under pressure amid global warming and energy crisis Ireland’s EU Commissioner Mairead McGuinness is under pressure to reclassify nuclear power as “green energy”, giving it a central role in the battle against global warming and easing Europe’s energy crisis. Commissioner McGuinness hopes to decide in the coming weeks on a controversial move which …

France’s nuclear sector prepared to build new EPR reactors – EDF

PARIS, Nov 8 (Reuters) – France’s nuclear industry is prepared to construct additional third-generation EPR nuclear reactors within agreed costs and timelines should the government decide to do so, an official of state-owned utility EDF said on Monday. “The nuclear industry is transforming and will stand ready,” Alain Tranzer, a senior engineer in charge of …