Ultra Safe Nuclear Corporation (USNC) is proposing to deploy its Micro Modular Reactor (MMR) at sites in Idaho and Illinois by 2026 through partnerships with Idaho National Laboratory (INL) and the University of Illinois at Urbana-Champaign (UIUC). The proposals are part of the US Department of Energy’s Advanced Reactor Demonstration Program, which aims to accelerate …
Bruce Power and Westinghouse Electric Company have agreed to pursue applications of Westinghouse’s eVinci micro reactor programme within Canada. The companies said the agreement supports efforts by the federal and provincial governments to study applications for nuclear technology to reach their goal of a Net Zero Canada by 2050. Over the next year, the work …
Cold functional testing has been completed at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province, China National Nuclear Corporation (CNNC) has announced. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021. Cold functional tests are carried out to confirm whether components and systems important to safety …
TORONTO, Oct. 8, 2020 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has agreed with Cantor Fitzgerald Canada Corporation (“CFCC”) and Haywood Securities Inc. (“Haywood”), as co-lead underwriters and joint book-runners (the “Co-Lead Underwriters”) on behalf of themselves and a syndicate of underwriters, including Canaccord Genuity Corp., …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …
Most respondents to UxC’s annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said. UxC’s biannual survey asks utilities and …
TORONTO, Oct. 7, 2020 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation (“CFCC”) and Haywood Securities Inc. (“Haywood”), as co-lead underwriters and joint book-runners (the “Co-Lead Underwriters”), on behalf of themselves and a syndicate of underwriters, (collectively with …
Scalable plants of around 200MW could take on the toughest decarbonisation challeges – but not until 2040 or so, says CFS chief executive Nuclear fusion can “fill the gaps” left by wind and solar by safely and cost-competitively cracking the toughest challenges facing global decarbonisation – albeit not until the 2040s –the boss of a …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), the leading uranium producer in the United States, is pleased to announce that today the Company became debt-free, following the retirement of its remaining Cdn$10,430,000 of floating rate convertible unsecured subordinated debentures (the “Debentures“). As of today, no Debentures remain outstanding, and they have ceased to be …
The U.K. government is considering taking an equity stake in new nuclear stations as part of the financing measures being put forward to try to get at least one more project built. The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, …