BWXT to evaluate microreactor deployment in Wyoming

BWX Technologies Inc has been contracted by the Wyoming Energy Authority (WEA) to assess the viability of deploying microreactors in the state. The value of the contract was not disclosed. Lynchburg, Virginia-based BWXT said its BWXT Advanced Technologies LLC subsidiary will execute the two-year contract in close consultation with the State of Wyoming and other Wyoming …

Nukes Are Back, but Uranium Is in Short Supply

Atomic power plants are in vogue again, sending prices higher for the radioactive element A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead. New reactors have connected to the grid in the U.S., Asia and Europe, while the lifetime of existing …

Westinghouse and Energoatom agree AP300 SMR cooperation

Ukraine’s Energoatom and the US firm Westinghouse have signed a memorandum of understanding (MoU) relating to the development and deployment of AP300 small modular reactors (SMRs) in Ukraine. The MoU was signed by Westinghouse CEO Patrick Fragman, seated left in the the picture above, and Energoatom President Petro Kotin. Ukraine’s Energy Minister Herman Halushchenko, standing …

T.GLO Included in the TSX30

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that the Company has been included on the Toronto Stock Exchange (“TSX”) rankings for the 30 best stock price performances over the last three years.  The TSX30, established in 2019, is an annual ranking of the 30 …

Holtec signs PPA aimed at restarting Palisades nuclear plant

The fate of the shuttered plant still hinges on financial support from the federal government. Holtec International and Wolverine Power Cooperative announced the signing of a long-term power purchase agreement that would allow the restart of the 800 MW Palisades nuclear plant in Covert Township, Michigan. Wolverine would purchase up to two-thirds of the power …

Orano halts uranium treatment in Niger because of sanctions on Junta

French nuclear group Orano is halting the processing of uranium ore at one of its facilities in Niger because international sanctions against the military junta are hampering logistics. The crisis that’s affecting the African nation, which has about 5% of the world’s uranium, may potentially tighten supplies of the material used to fuel nuclear reactors in the US, China and Europe. …

Energoatom and ConverDyn sign uranium conversion MoU

Energoatom and ConverDyn have signed a confidentiality agreement and memorandum of understanding relating to uranium conversion which the Ukrainian company says can help the country towards a complete fuel cycle. The signings, by Energoatom President Petro Kotin and ConverDyn President Malcolm Critchley, took place in London last week. Kotin said the cooperation opened up an opportunity …

Bruce Power’s Unit 6 connected to Ontario’s electricity grid following Major Component Replacement outage

Bruce Power’s Unit 6 has been renewed and was connected to Ontario’s electricity grid today following its successful Major Component Replacement (MCR) outage to provide clean, reliable power to the province’s people, hospitals and businesses for decades to come. The Unit 6 MCR began in January 2020 and was completed ahead of schedule and on …