Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce the closing of its previously announced “bought deal” public offering (the “Offering”) for gross proceeds of C$37,070,276, which includes the partial exercise of the over-allotment option (the “Over-Allotment Option”) exercisable in whole or in part, at any time …
Nicolle Butcher; President and CEO of Ontario Power Generation First-of-its kind project in the G7 will create 18,000 jobs and secure province’s energy future As part of its plan to protect Ontario and build a more competitive, resilient and self-reliant economy, the province is investing $1 billion through the Building Ontario Fund in the first …
First-of-its-kind handbook serves as a guide for design safety for civilian nuclear ships. Commercial shipping accounts for 3 percent of all greenhouse gas emissions globally. As the sector sets climate goals and chases a carbon-free future, nuclear power — long used as a source for military vessels — presents an enticing solution. To date, however, …
Agreement Establishes Collaboration Framework for Exploring an AP1000 Project in Alberta Westinghouse Electric Company and Energy Alberta have signed a memorandum of understanding (MoU) to collaborate in defining the next steps in considering the deployment of an advanced AP1000® modular reactor in Alberta. Under the agreement, the companies will conduct joint technical and commercial discussions, …
Palisades reactor engineers perform a detailed inspection of new fuel assemblies before placement in the site’s new fuel storage racks. The Palisades Nuclear Power Plant in Covert Township, Michigan, has received new nuclear fuel – 68 assemblies in total – achieving a major milestone on the path to restarting the plant. Procuring new fuel was …
On October 11, Unit 2 of the Zhangzhou nuclear power project, utilizing the Hualong One technology, began loading its first batch of nuclear fuel. This milestone signifies the project’s transition to the nuclear commissioning stage, paving the way for criticality and grid connection. Fuel loading, which involves placing fresh nuclear fuel assemblies into the reactor, …
The province has unveiled its strategy to power Saskatchewan in the future. The Saskatchewan First Energy Security Strategy and Supply Plan, released Monday, focuses on what the government calls “utilizing Saskatchewan resources.” It outlines the province’s approach to power generation and transmission, and its goal of building a power system that includes nuclear energy. “The …
South Africa intends to revive a controversial modular nuclear reactor program and step up its reliance on gas to generate electricity, according to a new energy-policy blueprint unveiled by the nation’s electricity and energy minister. A revised Integrated Resource Plan approved by the cabinet last week envisions 2.23 trillion rand ($128 billion) being invested in …
About six-in-ten U.S. adults now say they favor more nuclear power plants to generate electricity, according to a Pew Research Center survey fielded in April and May. That’s up from 43% in 2020, driven by increasing support among both Republicans and Democrats. The Trump administration and Democrats and Republicans in Congress support expanding nuclear …
Oklo small modular reactor Nuclear technology firm Oklo (OKLO.N), opens new tab said on Friday it has signed an agreement with Europe-based newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the U.S. Under the agreement, nuclear reactor developer newcleo plans to invest up to $2 billion. Sweden’s advanced nuclear technology developer Blykalla is also considering …