Related Topic: Finance

Estimated cost for JEK2 options put at EUR9.4 billion-15.4 billion

Estimated cost for JEK2 options put at EUR9.4 billion-15.4 billion

GEN energija has given its latest update on the development of plans for the JEK2 new nuclear capacity in Slovenia, putting forward likely costs and saying that from the point of view of the power network 1300 MW would be the optimal size.

New Nuclear 24 May 2024


Swedish project to develop Gen IV nuclear power system

Swedish project to develop Gen IV nuclear power system

The Swedish Energy Agency has granted SEK50 million (USD4.7 million) for a project led by researchers at Chalmers University of Technology in Gothenburg for the development of an entire Generation IV nuclear power system. The project also aims to rebuild national expertise in nuclear technology science.

New Nuclear 16 May 2024


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EDF secures 'green' financing for extended operation of reactors

EDF secures 'green' financing for extended operation of reactors

French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.

Corporate 13 May 2024


Would-be producers making the most of the uranium market

Would-be producers making the most of the uranium market

NexGen Energy Ltd has said its newly announced strategic purchase of 2.7 million pounds U3O8 (1039 tU), together with a recent share placement, "will significantly assist the company in funding the anticipated capital needs to develop the Rook I Project" in Canada. Denison Mines Corp intends to use its physical uranium investment to support future project financing efforts for Phoenix - and has just sold 100,000 pounds U3O8 from its physical uranium holdings at more than three times the price it paid for it.

Corporate 10 May 2024


EU sets out terms of approved Czech nuclear state aid

EU sets out terms of approved Czech nuclear state aid

The European Commission has approved the Czech Republic's proposed public support package for new nuclear - after a series of modifications were made to address their concerns during an inquiry which began in June 2022.

Nuclear Policies 01 May 2024


X-energy awarded federal tax credit for TRISO fuel plant

X-energy awarded federal tax credit for TRISO fuel plant

A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind fuel facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.

Uranium & Fuel 24 April 2024


IAEA puts case to G20 for nuclear energy's net zero role

IAEA puts case to G20 for nuclear energy's net zero role

Better access to financing mechanisms and other policy shifts required for the large-scale expansion of nuclear energy were outlined when the International Atomic Energy Agency made its first-of-a-kind contribution to the G20 policy-making process.

Nuclear Policies 23 April 2024


Canadian budget aims to streamline nuclear licensing process

Canadian budget aims to streamline nuclear licensing process

The Canadian government has announced measures in its latest budget "to help get nuclear projects built in a timely, predictable, and responsible fashion".

Nuclear Policies 17 April 2024


Eletronuclear responds to report on Angra 3 costs

Eletronuclear responds to report on Angra 3 costs

Brazil's Eletronuclear has highlighted the economic benefits of investing in completing the Angra 3 nuclear unit, and stressed that an official study has yet to be completed into the likely final tariff paid by customers.

Nuclear Policies 15 April 2024


Partnership aims to drive forward HTMR-100 SMR in South Africa

Partnership aims to drive forward HTMR-100 SMR in South Africa

Koya Capital has signed a partnership agreement to work with Stratek Global to secure financing and construction of a ZAR9 billion (USD480 million) first-of-a-kind reactor in South Africa.

New Nuclear 10 April 2024