Corporate

Corporate
Kazatomprom 'action plan' addresses supply chain risks

Kazatomprom 'action plan' addresses supply chain risks

Kazatomprom is "fully capable" of maintaining its position as a reliable supplier of natural uranium, with an action plan that enables it to react to evolving geopolitical events, the company said in its yearly financial results statement.

Corporate 15 March 2024


Refinancing of Barakah classed as 'green' loan

Refinancing of Barakah classed as 'green' loan

The AED8.89 billion (USD2.42 billion) refinancing of the Barakah nuclear power plant project, announced last year, has now been recognised as a Green Loan Facility, the Emirates Nuclear Energy Corporation has announced.

Corporate 13 March 2024


AFCONE and DeepGeo launch African nuclear initiative

AFCONE and DeepGeo launch African nuclear initiative

The African Commission on Nuclear Energy and DeepGeo have signed a partnership agreement which could see multinational deep geological repositories hosted in Africa, with a proportion of the income used to facilitate nuclear energy deployment.

Corporate 05 March 2024


Talen sells carbon-free data centre to Amazon cloud company

Talen sells carbon-free data centre to Amazon cloud company

Talen Energy Corporation has announced the sale of its 960 MW Cumulus data centre campus in northeast Pennsylvania to Amazon Web Services, with a long-term agreement to provide power from Talen's Susquehanna nuclear power plant.

Corporate 05 March 2024


Vistra completes Energy Harbor acquisition

Vistra completes Energy Harbor acquisition

The acquisition sees Vistra become the owner of the second-largest competitive nuclear fleet in the USA and the largest competitive power generator in the country.

Corporate 05 March 2024


Start up of Chinese industrial nuclear steam project begins

Start up of Chinese industrial nuclear steam project begins

Commissioning has begun of China's first industrial-use nuclear energy steam supply project, China National Nuclear Corporation announced. The project at the Tianwan nuclear power plant in China's Jiangsu province will supply steam to a nearby petrochemical plant.

Corporate 04 March 2024


Australian miners provide updates on past and future operations

Australian miners provide updates on past and future operations

Uranium production from Olympic Dam could increase in future as BHP considers expanding copper production at the mine in South Australia. Meanwhile, Energy Resources of Australia said it will need to raise more funds in 2024 to cover expenditure on the rehabilitation of the former Ranger uranium mine.

Corporate 28 February 2024


Nuclear tax credits underpin growth, says Constellation

Nuclear tax credits underpin growth, says Constellation

Federal nuclear production tax credits are providing the foundation for the USA's largest producer of carbon-free energy to continue to invest in growth opportunities, Constellation Energy said in its 2023 results announcement and 2024 earnings forecast.

Corporate 27 February 2024


British company pioneers new nuclear welding technique

British company pioneers new nuclear welding technique

Sheffield Forgemasters has completed weld-assembly of a full-sized small modular reactor nuclear vessel demonstrator assembly using Local Electron-Beam Welding. It said the technique took less than 24 hours to complete four, thick, nuclear-grade welds, typically requiring a year of work to complete.

Corporate 19 February 2024


Improved fortunes for French nuclear sector

Improved fortunes for French nuclear sector

France's nuclear industry giants - EDF, Framatome and Orano - have each reported improved results for 2023, compared with 2022, and expect continued growth in 2024, partly due to France's plan to build new reactors.

Corporate 16 February 2024