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Related Topic: Finance

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

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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

Nuclear projects receive UK space funding boost

Nuclear projects receive UK space funding boost

Two projects featuring nuclear energy are among 11 international space projects selected to receive funding from the UK Space Agency. Rolls-Royce's collaboration with BWXT receives GBP1.18 million (USD1.5 million) to further its work on fission nuclear systems for space power missions, while an international project led by the University of Leicester receives GBP800,000.

New Nuclear 08 April 2024

Funds awarded to assist Xe-100 deployment in the UK

Funds awarded to assist Xe-100 deployment in the UK

X-energy and Cavendish Nuclear have been granted GBP3.34 million (USD4.23 million) in funding from the UK government to develop plans for the deployment of X-energy's Xe-100 high temperature gas-cooled reactor in the country.

New Nuclear 04 April 2024