Commission assesses nuclear investment needs by 2050 in view of decarbonisation and competitiveness goals

Dan Jørgensen, Commissioner for Energy and Housing Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for …

World Bank lifts ban on nuclear energy financing

The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting growing electricity demand in developing countries. Banga said in an email to staff that the bank will work closely with United Nations nuclear watchdog, the International Atomic Energy Agency …

V.ISO Commences Athabasca Basin Summer 2025 Exploration Program

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (NYSE: ISOU; TSX: ISO) is pleased to announce the commencement of its summer exploration program across its eastern Athabasca Basin uranium properties. The program is expected to encompass a total of 24 diamond drill holes for 11,000 metres of drilling on the Larocque East and Hawk projects, following up on …

NexGen Announces Regulatory Approval of 2025 Site Program at Rook I Property

2025 Program includes a temporary exploration airstrip, expansion of exploration camp facilities and site access road improvements. Patterson Corridor East (“PCE”) discovery is expanding rapidly and the 2025 Program will optimize this growth. Incorporating NexGen’s longstanding approach, the 2025 Program will prioritize and maximize local business opportunities. NexGen Energy Ltd.  (TSX: NXE) (NYSE: NXE) (ASX: …

Talen to sell Amazon 1.9 GW from Susquehanna nuclear plant

The “front of the meter” arrangement doesn’t require Federal Energy Regulatory Commission approval, according to Talen Energy. Talen Energy has entered into a 1,920-MW power purchase agreement with Amazon Web Services to supply data centers in Pennsylvania from the independent power producer’s majority-owned Susquehanna nuclear power plant, the company said Wednesday. Under the PPA, Talen’s existing …

Slovak Prime Minister Fico threatens veto on EU’s 18th package of sanctions against Russia: what he demands

Slovakia will not support the 18th package of sanctions against Russia without addressing the problems caused by the cessation of gas, oil, and nuclear fuel supplies. The EU may vote on the sanctions on June 20. Slovak Prime Minister Robert Fico threatened not to support the 18th package of EU sanctions against Russia without solving …

V.SYH Intersects High-Grade Uranium in Significant 42 m Step Out Hole ML24-15 which Returned 4.74% U3O8 over 1.5 m within 6.4 m of 1.50% U3O8 at Moore Project

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the remaining assay results from its late 2024 diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, which totaled 2,759 metres in nine holes. The project is located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for …

Uranium Mining, Nuclear Energy Expansion Bills Headed to Abbott’s Desk

Uranium mining is a top issue for both state and federal officials. President Donald Trump issued an executive order in late May with the stated aim to “accelerate the secure and responsible development, demonstration, deployment, and export” of nuclear technology — a call the 89th Texas Legislature heeded with a bill to amend barriers in the state …

Kazakhstan weighs uranium supplies to Bulgaria

Kazatomprom, the world’s largest uranium producer, is exploring the possibility of supplying uranium to Bulgaria’s nuclear power plant (NPP) and is already in talks with the Bulgarian side, according to Nurlan Zhakupov, CEO of Kazakhstan’s Samruk-Kazyna National Welfare Fund, which controls the uranium company. Zhakupov noted that Bulgaria’s NPP operates two reactor units, offering opportunities for …