Britain said on Wednesday it wanted to build a new large-scale nuclear power station in north Wales, naming a site on the island of Anglesey as its preferred location and launching talks with international energy companies about building the plant. As part of efforts to meet climate targets and boost energy security, Britain is seeking …
Cameco (TSX: CCO; NYSE: CCJ) announced today that it has priced a private placement of senior unsecured debentures (the “Offering”) consisting of $500 million principal amount of 4.94% Senior Unsecured Debentures, Series I maturing on May 24, 2031 (the “Series I Debentures”). The closing of the Offering is expected to take place on May 24, 2024. …
Gov. Kathy Hochul has cracked the door open to the potential for new, small nuclear power plants as a way for the state to try to meet its ambitious climate goals. The prospect was once dismissed by top officials and carries a whiff of irony after former Gov. Andrew Cuomo shuttered the state’s second-largest nuclear …
Expanding capacity with uprates and new build at existing nuclear plant sites are part of Constellation Energy’s plans to meet growing needs for clean energy in the USA – even a restart of Three Mile Island is not ruled out – but extending the operating lives of existing nuclear plants will be vital, CEO Joe …
Russia’s state-owned uranium supplier Tenex has notified US customers they have 60 days to secure a waiver exempting them from a law recently signed by President Joe Biden that bars imports of the company’s nuclear fuel. The force majeure notice seen by Bloomberg was sent to utilities including Constellation Energy Corp., the largest US nuclear …
National Development Council Minister Kung Ming-hsin speaks at a meeting of the legislature’s Economics Committee in Taipei yesterday. Photo: Fang Pin-chao, Taipei Times The government could revise the rules on the use of nuclear power, if the public agrees, to meet electricity needs to drive economic growth and industrial development, National Development Council (NDC) Minister …
Under a new business plan, Norwegian nuclear project developer Norsk Kjernekraft says it plans to construct off-grid small modular reactors in industrial areas where both reliable power and access to heat are needed. The company noted that estimates of future energy demand in Norway vary from 50 TWh to 233 TWh. However, it says the …
The Russian environmental regulator Rosprirodnadzor has approved the plans for a BN-1200M fast sodium reactor at the Beloyarsk nuclear power plant. According to Rosatom, Rosprirodnadzor said that its investigations showed that “there is no significant impact on the environment” and the project meets the requirements of environmental legislation. The response will be included in documents submitted to …
The Government of Uganda is hosting an International Atomic Energy Agency (IAEA) Integrated Uranium Production Cycle Review mission as it reviews its potential to produce uranium to support its plans for 24,000 MWe of nuclear capacity. IAEA Integrated Uranium Production Cycle Review (IUPCR) missions are designed to assist IAEA member countries in the development of …
The expansion of AI technologies and data centers is paving the way for a dramatic increase in electricity usage, presenting both obstacles and prospects for global energy networks. As AI technologies require more stable and substantial power sources, nuclear energy emerges as a prime candidate, offering sustainable, reliable energy that supports global clean energy goals. …