The government is set to approve a key funding decision on the proposed £20bn Sizewell C nuclear plant in the next two weeks. Ministers are ironing out “minor” details on the project prior to the announcement of a government investment decision, according to reports in The Telegraph, with a decision due in the next fortnight. Sources told the …
Following a thorough assessment of several Small Modular Reactor (SMR) technologies, SaskPower has selected the GE-Hitachi BWRX-300 for potential deployment in Saskatchewan in the mid-2030s. “This is an important milestone as Saskatchewan works towards a cleaner, more sustainable future,” said Don Morgan, Minister responsible for SaskPower. “Today’s announcement further acts on the Saskatchewan Growth Plan …
Lee Chang-yang, left, minister of Trade, Industry and Energy, speaks during the Energy Commission meeting at the Plaza Hotel Seoul, Friday. Courtesy of Ministry of Trade, Industry and Energy Korea has gone all-out to revive its nuclear power generation industry under the Yoon Suk-yeol administration as Lee Chang-yang, minister of Trade, Industry and Energy, will …
After 168 hours of test operation, Unit 6 of the Hongyanhe nuclear power plant, in Northeast China’s Liaoning Province, received the qualification for commercial operation, marking an important milestone with all the six units of the first nuclear power plant in the northeast of the country is fully operational, according to media reports. Starting construction …
The world faces two major energy challenges today: achieving decarbonisation goals and ensuring that every citizen and every business across the globe has equitable opportunity to have 24/7 access to dependable and affordable energy. The combination of an increasingly urgent climate crisis and volatile energy prices has highlighted the key strengths of nuclear technologies. Nuclear …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) today announced shareholder voting results from the Annual General & Special Meeting of Shareholders held June 23, 2022. Directors were elected to the Board as per the voting results in the table below: Director Nominee For % Withheld % Tracey J. Arlaud 59,482,315 …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a Participation and Funding Agreement (the “Participation Agreement”) with Kineepik Métis Local #9 (“KML”), which expresses Denison’s and KML’s mutual commitment to the co-development of an agreement supporting the advancement of the in-situ recovery (“ISR”) uranium …
A development company backed by the Welsh Government says it is embarking on a programme to bring small modular reactor (SMR) technology to the site of the decommissioned nuclear power plant at Trawsfynydd. Cwmni Egino is wholly owned by the Welsh Government and was established last year to develop a new reactor at the Trawsfynydd …
Capacity prices across most of the PJM Interconnection fell 32% to a 10-year low of $34.13/MW-day from $50/MW-day in the previous auction, possibly reflecting recent rule changes, the grid operator said Tuesday. PJM bought 144,871 MW of capacity for the capacity year that starts June 1, 2023, for $2.2 billion, down from $4 billion in the last …
UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the completion of its $5 million private placement (the “Private Placement”) with Uranium Energy Corp. (“UEC”) previously announced on June 13, 2022. The Private Placement consisted of a total of 11,627,907 common shares of the Company (“Common Shares”) issued to UEC at a price of …