The French government and state-owned EDF have reached an agreement to regulate the price at which the utility’s nuclear-generated electricity is sold to an average of EUR70 (USD76) per MWh once the current ARENH mechanism expires at the end of 2025. Currently, under the so-called Regulated Access to Incumbent Nuclear Electricity (Accès Régulé à l’Electricité Nucléaire …
KATCO, a joint venture of the French Orano Mining and Kazatomprom national atomic company, will start mining uranium at Kazakhstan’s South Tortkuduk site at the end of 2023, Trend.az reported on Nov. 12, citing a source at Orano multinational nuclear fuel cycle company. As the world’s largest uranium producer, Kazakhstan hosts Orano through KATCO, established in …
The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear power capacity globally by 2050, marking a major turnaround for the controversial technology at the climate negotiations. The declaration will call on the World Bank and other international financial institutions to include nuclear energy in their lending …
China on Wednesday started construction of the No. 1 power unit of its Xudapu Nuclear Power Plant in the country’s northeastern province of Liaoning. The full-scale construction of the nuclear island of the power unit in the city of Huludao will help establish a new energy system and promote green and low-carbon energy transformation in …
Laramide Resources Ltd. (“Laramide” or the “Company“) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that further to the news release of November 9, 2023, the A$12 million placement to institutional and sophisticated investors pursuant to s708 of the Corporations Act (Cwth) 2001 in Australia has completed. Funds have been received and CDIs are being issued. Proceeds from …
France’s nuclear safety regulator, the Autorité de Sûreté Nucléaire (ASN), has said it is prepared to give EDF more time in order to implement safety upgrades required at its fleet of 900 MWe nuclear power reactors. EDF’s 32 operating 900 MWe reactors came into commercial operation between 1977 and 1988, and include the oldest of …
An International Atomic Energy Agency (IAEA) team of experts has completed a follow-up nuclear security advisory mission to Switzerland. The International Physical Protection Advisory Service (IPPAS) mission concluded Switzerland has strengthened its nuclear security regime since a mission in 2018. IPPAS missions are intended to assist IAEA member states in strengthening their national nuclear security …
Hungarian Foreign Minister Péter Szijjártó and Rosatom’s Director General Alexei Likhachev have signed an agreement on the schedule for the construction of the Paks II nuclear power plant. Although the detail of the agreed schedule has not been released, Szijjártó (pictured, right, with Likhachev) said on his Facebook page: “We signed the Paks II schedule, based …
NuScale Power Corporation has announced the opening of the first privately-funded NuScale Energy Exploration Centre (E2 Centre) at Seoul National University (SNU) in partnership with GS Energy Corporation, Doosan Enerbility and Samsung C&T Corporation. The E2 Centre offers users a hands-on opportunity to apply nuclear science and engineering principles through simulated, real-world nuclear power plant …
Nornickel starts talks with Russia’s state nuclear energy company Rosatom on the building of a small-scale nuclear power station in Norilsk. A memorandum of understanding was this week signed by Nornickel owner and CEO Vladimir Potanin and Rosatom General Secretary Aleksei Likhachev. It outlines the building of a small-scale nuclear power station in the far …
