Corporate

Corporate
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


Constellation files Clinton licence renewal application

Constellation files Clinton licence renewal application

The 20-year licence renewal would allow the Illinois nuclear power plant to continue providing carbon-free energy to the region until 2047 with adequate market or policy support, Constellation Energy Corp said.

Corporate 16 February 2024


Finnish firms to be technical advisors for Polish plant

Finnish firms to be technical advisors for Polish plant

Fortum and TVO - owners and operators of nuclear power plants in Finland and Sweden - have signed a two-year framework agreement with Polskie Elektrownie JÄ…drowe to provide technical support in the design, engineering and preparation for operation of Poland's first nuclear power plant.

Corporate 13 February 2024


Oklo reports progress in Idaho, Ohio

Oklo reports progress in Idaho, Ohio

A land rights agreement signed with the Southern Ohio Diversification Initiative gives Oklo Inc the option and right of first refusal to purchase land in Southern Ohio where Oklo envisages deploying two of its Aurora 'powerhouses'.

Corporate 05 February 2024


Replacement steam generators arrive at Cruas-Meysse

Replacement steam generators arrive at Cruas-Meysse

Three new steam generators were delivered last month to the Cruas-Meysse nuclear power plant in south-eastern France. The components will be replaced at unit 3 later this year in order to enable the 900 MWe pressurised water reactor to continue operating beyond 40 years.

Corporate 02 February 2024


Ontario minister confirms Pickering refurbishment plans

Ontario minister confirms Pickering refurbishment plans

The provincial government is supporting Ontario Power Generation to go ahead with the refurbishment of units 5-8 at the Pickering nuclear power plant. OPG will now begin the initiation phase of the project.

Corporate 31 January 2024


Kursk's second unit retires after 45 years operation

Kursk's second unit retires after 45 years operation

At 04:01 Moscow time on 31 January the second unit at the Kursk nuclear power plant, an RBMK-1000 reactor, came to the end of its service life and stopped generating power. It began commercial operation in 1979.

Corporate 31 January 2024