Represents a major step toward realizing the Continent’s first SMRs Ontario Power Generation (OPG) announced it is partnering with companies from Canada, the U.S., and France to ensure a fuel supply for the first unit of its four-unit Darlington New Nuclear Project. The historic arrangements signal a strengthening nuclear fuel supply chain and the self-sufficiency …
New large-scale atomic power plants are still in demand in the US as utilities brace for growing calls to provide low-carbon energy generation, according to the head of nuclear-technology giant Westinghouse Electric Co. New nuclear energy projects have been expanding in China, and are making a comeback in Europe, Canada and other regions as the …
French nuclear operator EDF announced on Tuesday it was signing a series of cooperation agreements with Canadian, Czech, Indian and French partners to secure local supply chains and suppliers essential for future nuclear projects. EDF signed a letter of intent with Ontario Power Group (OPG) at the World Nuclear Exhibition in Paris to launch a …
French nuclear operator EDF aims to build at least one large reactor a year during the 2030s, CEO Luc Remont said at the World Nuclear Exhibition in Paris on Tuesday. The company is working on the construction of six new EPR2 reactors in France, two new EPRs in Britain at the Sizewell site, as well …
A dozen countries are expected to start producing electricity from nuclear power sources within the next few years, the director general of the International Atomic Energy Association (IAEA) Rafael Mariano Grossi said on Tuesday. According to IAEA calculations, it is necessary to double the number of nuclear reactors in the world – currently at about …
The global nuclear industry is in the middle of a renaissance but still faces financing challenges and needs government support for projects, executive director of the International Energy Agency (IEA) Fatih Birol said on Tuesday. The sector should take advantage of the global energy crisis as well as the climate crisis to launch a “second …
A CANDU Reactor at Qinshan in China. AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, today introduced the latest reactor design—the CANDU® MONARK™ reactor—at the World Nuclear Exhibition in Paris. The most advanced reactor design available from AtkinsRéalis, with the highest output of any …
Candu Energy Inc., an AtkinsRéalis company [SNC-Lavalin Group Inc.] (TSX: ATRL) and the Canadian Commercial Corporation (“CCC”), a federal Crown corporation, have signed a contract with Nuclearelectrica S.A. (SNN) to provide engineering, technology and procurement of tooling and reactor components in support of the life extension of SNN’s Unit 1 CANDU® reactor at the Cernavoda …
Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) announced a non-brokered private placement (the “Offering”) of up to 47,619,048 flow-through units (the “Flow-Through Units”) at a price of $0.0525 per unit for aggregate gross proceeds up to $2,500,000. Each Flow-Through Unit consists of one common share of the Company to be issued …
Nuclear power is set to be a hot topic during discussions at COP28 in Dubai. Of particular interest to observers will be a ministerial event called “Atoms4NetZero” on Dec. 5. The debate around nuclear power and its role in the planet’s shift to a more sustainable future is often polarizing. The role that nuclear power …
