The bipartisan bill follows the revelation that a longtime Trump advisor was pushing for lucrative nuclear deals with Riyadh. A bipartisan group of lawmakers is introducing new legislation aimed at restricting the transfer of nuclear technology to Saudi Arabia, the latest sign of growing congressional backlash to the Trump administration’s close relationship with the wealthy Gulf …
Georgia regulators are raising fresh doubts about Georgia Power’s latest timeline for completing the nuclear power expansion at Plant Vogtle, in part because of lingering risks, productivity slips and concerns about aging equipment. The Vogtle project is already years behind scheduled and billions of dollars over budget. Virtually anyone in the state who pays an electric bill …
Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) reports that its subsidiary, Macusani Yellowcake S.A.C. (“Macusani”), has received resolutions from the Ministry of Energy and Mines (“MINEM”) in Peru regarding seven (7) of the 32 concessions currently under administrative procedure. Receipt of the resolutions is the culmination of a nearly …
Diplomats from Iran and several world powers recommitted Sunday to salvaging their nuclear deal amid mounting tensions between the West and Tehran. Iran’s deputy foreign minister said the emergency meeting in Vienna had yielded positive developments but had not “resolved everything.” “The atmosphere was constructive, and the discussions were good,” Abbas Araghchi told reporters. Araghchi …
CNNC’s new nuclear power project in Zhangzhou city, Southeast China’s Fujian province, was authorized by the National Energy Administration, according to an announcement by China National Nuclear Power Co, a subsidiary of CNNC, on July 26. The project consists of the construction of two HPR1000 (Hualong 1) units, which will be funded, built, and operated …
On July 29, 2019, at 4:55 am, the innovative VVER-1200 reactor power block No.2 of the Novovoronezh NPP-2 (the Novovoronezh NPP 7th power block) reached 90% of its capacity. This means that the new 3+ generation power block has entered its next phase of low-power testing during the pilot production stage. The pilot production is …
Newly appointed Minerals Council chair Helen Coonan has become the latest business heavyweight to call for nuclear power to be considered as part of Australia’s future energy mix. The former Howard government minister said the “nuclear option” should be on the table, along with renewables, as the resources industry edges away from fossil fuels in …
Although uranium market challenges are easing, Cameco CEO Tim Gitzel says there is still far to go before the Canadian uranium company restarts operations at McArthur River/Key Lake. Gitzel made the comment during the presentation of its second quarter results yesterday. The company reported a net loss of CAD23 million (USD17.5 million) for the second quarter of …
China National Nuclear Corporation (CNNC) has confirmed plans to begin work by the end of the year on the Linglong One small modular reactor (SMR) following a nine-year research and development programme. The first concrete will be poured for the 125MW pressurised water reactor in December at the Changjiang nuclear plant on the island of …
Boris Johnson expressed his “passionate” support for nuclear power when he addressed the House of Commons for the first time as UK prime minister yesterday. Seven of the country’s eight existing nuclear plants are set to be retired by 2030, while new-build projects have faced financial uncertainty over the last two years. Johnson was asked …