Brussels ‘won’t stand in the way’ of new nuclear plants, says EU climate chief

The European Commission “will not stand in the way” of countries that choose to build new nuclear power stations, said EU climate chief Frans Timmermans, who warned however about the life-cycle costs of the technology, “which means that you will be stuck with it for a long, long, long time”. The European Commission keeps a …

Africa’s only atomic plant bets $1.2bn on a 2nd life

(MENAFN – Gulf Times) Eskom Holdings SOC Ltd, South Africa’s indebted power utility, started a billion-dollar round of investments in Africa’s oldest and only nuclear power plant before getting permission from safety regulators that the reactor’s lifetime can be extended. The decision to begin installing new steam generators at the Koeberg plant near Cape Town …

Idaho Falls endorses SMR project

IDAHO FALLS, Idaho (KIFI/KIDK)-Idaho Falls has reaffirmed its commitment to the Small Modular Reactor (SMR) project and the development of other reliable, carbon-free nuclear power generation. The City Council last night voted to support the Carbon Free Power Project (CFPP) and reaffirmed Idaho Falls Power’s support for the CFPP as it enters the next phase …

Small Reactors, Great Potential

Hearing the words ‘nuclear power’ usually conjures up images of huge power plants and cooling towers, but with small modular reactors (SMRs) and microreactors (MRs) starting to become a reality, the face and reach of nuclear power is changing. “SMRs and MRs provide low carbon energy like large nuclear reactors do, but they are smaller, …

T.CCO Completes $400 Million Debenture Closing and Announces Redemption

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH U.S. NEWS OR WIRE SERVICESSaskatoon, Saskatchewan, Canada, October 21, 2020 Cameco (TSX: CCO; NYSE: CCJ) announced today that it has completed its previously announced private placement of debentures (the “Offering”) consisting of $400 million aggregate principal amount of 2.95% Senior Unsecured Debentures, Series H maturing on …

Floating nuclear power plant covers over 50% of electric energy demand in Chukotka

Floating nuclear power plant (FNPP) “Akademic Lomonosov” operated by Rosenergoatom (Electric Energy Division of Rosatom) currently covers over 50% of electric energy demand in the Chukotka Autonomous Region, Kirill Klimenko, representative of Rosenergoatom’s Department for FNPP Construction and Operation, told IAA PortNews. He reminded that FNPP was put into operation on 22 May 2020 with …