It has been six months since the regular electricity production of the Olkiluoto 3 nuclear power plant unit started. Actually, it’s been a bit more than six months, as OL3 began regular electricity production on April 16. OL3 has been supplying electricity to the national grid for even longer. A significant date in history is …
Cameco (TSX: CCO; NYSE: CCJ) is mourning the accidental passing of its long-standing board member and board chair Ian Bruce on Sunday, October 15 at his cottage in Ontario. “We are heartbroken with this tragic loss of a dear friend and valued colleague. I have worked with Ian since he joined our board more than a …
European Union countries’ energy ministers struck a deal to reform power market subsidies, Spain’s energy minister said on Tuesday, defusing a stand-off between France and Germany over the future competitiveness of industrial sectors. The European Commission proposed changes to the EU’s electricity market in March after EU power prices soared to record levels last year …
EU energy ministers in Luxembourg aim for deal Tuesday Electricity industry urges deal to scale up renewable power Germany rejected the latest proposal to overhaul the European Union’s power market over fears that France could use it to unfairly benefit its nuclear industry and undercut prices across the bloc. Time is running out for the …
From our homes to our businesses to our workplaces, electricity powers our lives and our economy. Building a clean, reliable and affordable electricity grid is a crucial economic and environmental pursuit. The private sector is increasingly prioritizing access to clean electricity to stay competitive and to seize new economic opportunities, including in the emerging and …
French opposition members have hit out at the government’s efforts to rein in electricity prices as part of EU talks to reform the bloc’s power market, saying the executive will be judged during the 2024 European elections. The European Commission tabled the electricity market reform proposal in March 2023 to contain rising power prices caused …
French President Emmanuel Macron and Mongolian President Ukhnaagiin Khurelsukh in Paris, October 12, 2023. Photo credit: Reuters The ink is barely dry on a landmark French-Mongolian uranium mining deal. After over 20 years of exploratory work in the Gobi desert, France’s state-owned Orano has secured rights to begin commercial production around 2028 at the Zuuvch …
Korea Hydro & Nuclear Power (KHNP) announced it has signed an agreement with Canada’s Candu Energy and Italy’s Ansaldo Nucleare to jointly carry out a refurbishment of unit 1 at the Cernavoda nuclear power plant in Romania. Candu units are pressurised heavy water reactors designed to operate for 30 years, with a further 30 years …
Sheffield Forgemasters, X-energy and Cavendish Nuclear have signed a memorandum of understanding on collaborating to explore opportunities around the deployment of a fleet of Xe-100 high temperature gas-cooled reactors (HTGRs) in the UK. X-energy of the USA and Cavendish Nuclear – a UK subsidiary of Babcock International group – will tap into Sheffield Forgemasters’ decades …
The Swedish government’s key coalition partner is ratcheting up pressure on Vattenfall AB to expand nuclear power production and says a separate company could be formed for that purpose if the state-run utility doesn’t move fast enough. The strategy of the nationalist Sweden Democrats, whose support is crucial to the country’s three-party government, stems from …
