Nuclear Power

Iran and the United States have been in talks to extend their ceasefire to begin negotiations over issues such as Tehran's nuclear programme, where Washington insists that?Iran cannot be able make a nuclear bomb. Israel and the U.S. bombed Iran in June. While a lot of its uranium-enrichment infrastructure was destroyed or badly damaged, it is believed that a significant amount of highly enriched nuclear uranium survived. This is the main concern of the United States. The biggest concern for the U.S. In a Friday post on social media, Trump stated that Iran had to agree that the enriched Uranium...

Nuclear power company Oklo said?on? Tuesday that the U.S. Energy Department has selected it for advanced talks about taking Cold War era plutonium - a dangerous, fissile substance - for use as potential fuel for nuclear reactors. Last year, it was reported that the Trump Administration plans to provide about 20 metric tonnes of Cold War-era Plutonium? from dismantled warheads to U.S. energy companies for use as reactor fuel. About a year ago, President Donald 'Trump' signed an executive ordnance ordering the U.S. Government to stop a large part of its program to dilute plutonium and dispose of it and...

Deep Fission announced on Wednesday that it is aiming for a valuation of about $1.66 billion when it makes its U.S. IPO. The company hopes to ride a wave of investor demand as the use and consumption AI-powered electricity increases. The Berkeley-based company wants to raise up to $156m by selling 6 million shares at a price of between $24 and $25 each. Deep Fission plans to go public as investors are re-engaging in nuclear power following years of public skepticism. Data?centers, artificial intelligence and data?centers have been driving investor interest. The Gravity Reactor is a small modular reactor (SMR),...

The United Arab Emirates (UAE) said that six drones were launched from Iraq against them in the past 48 hours, including one 'that caused a fire at a nuclear plant in the Gulf State on Sunday. In a press release, the UAE's Defence Ministry said that all drones except one had been intercepted. The ministry said that three drones?in all?were targeting the Barakah Nuclear Power Plant which is?the Arab World's first commercial nuke power station. The drone that breached the UAE's defenses struck an electric generator outside of the inner perimeter, according to the?ministry. The UAE's Federal Authority for Nuclear...

The Abu Dhabi Media Office reported on Sunday that authorities in 'Abu Dhabi' responded to an fire caused by a drone strike on a?electrical genset outside the inner perimeter at the Barakah Nuclear Power Plant, in Al Dhafra Region. The Federal Authority for Nuclear Regulation (FANR) confirmed that the essential systems of the plant were working normally. The statement didn't give any indication as to?how the drone attack happened. The International Atomic Energy Agency (IAEA) reported that the UAE informed it that radiation levels at Barakah Plant remained normal after the incident. The U.N. nuclear watchdog said that the IAEA...

On Monday, The Nuclear Company and Brookfield Investments announced that they would form a joint-venture to 'develop nuclear projects using u.s. The Nuclear?Company and Brookfield announced on Monday that they will form a joint venture to?develop nuclear projects utilizing?U.S. They said that the new company would combine Brookfield’s expertise in asset management, energy infrastructure development and "nuclear?project delivery capabilities" with The Nuclear Company. This includes project'management, licensing support, and oversight of the engineering, procurement and?construction for Westinghouse AP1000 or AP300 reactors. Investors and governments are partnering to revive nuclear power as an 'emission-free, stable energy source in the face of...

Triton Uranium's president Scott Evans said that the company is looking at a U.S. listing in 2026 through a merger with a special-purpose acquisition company. The company wants to "tap into" rising demand for nuclear fuels and boost domestic supply. The Canadian-based company began development work on its Atlas Project at Uranium City in Saskatchewan, where it controls approximately 46,742 acres. Triton raised almost $16 million from private sources, which it plans to use for exploration in advance of a possible public listing. Evans stated that the company would be open to selling a stake to either the U.S. government...

Big Tech has reshaped the funding landscape of new nuclear technologies. It is seeking to boost electricity supply for power hungry AI data centers. Deals are being signed that offer both?funding for nuclear companies and a more clear path to make money. A number of?U.S. The U.S. is developing modular reactors which are smaller, more advanced and more scalable than conventional nuclear power plants. But no commercial electricity has been produced yet due to challenges like financing and unique risks. The sector is gaining momentum due to the need to provide enough energy to power the data centers in the...

New Jersey lifted its de-facto moratorium on nuclear energy on Wednesday in the state. The state is grappling with some of the fastest-rising power bills in the United States. Electricity demand is outpacing the addition of new supply. Sherrill’s office released a statement that said the Governor signed legislation to remove a permit requirement that had effectively prohibited nuclear power development for decades. The law required a method for radioactive waste disposal that was unattainable. Instead, the state will issue permits for radioactive-waste storage that comply with federal nuclear regulations. Sherrill, who won the top government position in January after...

Last week, the U.S. Nuclear Power Regulator voted to phase out agency-led inspections of operating reactors. A safety advocate criticized this move as a failure on the part of government responsibilities to protect Americans against attacks 'on the plants. On Friday, the Nuclear Regulatory Commission announced that it had voted to phase-out "force-on force" inspection programs. This was a program in which the agency controlled mock commando attacks to test for potential vulnerabilities at nuclear plants. After the attacks of September 11, 2001, Congress strengthened the program to require inspections at all nuclear plants every three years. The move is...

The governor of California, the largest state in the United States, announced on Thursday that federal regulators had approved an operating license extension for the last nuclear power plant still standing in the state. Under'state law, it can run until at least '2030. PG&E Diablo Canyon Nuclear Power Plant, located on California's Central Coast, was originally scheduled to close in?2025. However the plant which contributes 10% of 'the state's overall electricity has remained operational despite 'rising demand and rising power bills' California Governor Gavin Newsom stated that the renewed federal licenses will allow Diablo Canyon to continue providing a 24/7...

The U.S. grid operators PJM and Constellation Energy have told Constellation Energy that the former 'Three Mile Island Nuclear Power?plant in Pennsylvania will likely not be able connect to the grid before 2031. This is four years later than originally planned. Constellation has been working on a plan to restart operations at the nuclear plant, which will be renamed as the "Crane Clean Energy Center" to provide electricity to Microsoft's data centers. Constellation's chief?external? affairs and growth officer, David Dardis said that the company would?be able to produce electricity by the earlier goal and is?talking with grid operator PJM to...

Sebastien Lecornu, the Prime Minister of France, said that France would 'continue to only offer limited relief to consumers who are impacted by high fuel prices. Paris, unlike other European countries, has refused to cut fuel taxes despite the fact that the Strait of Hormuz closure has driven oil prices over $100 per barrel. The reason given was the high budget deficit in the eurozone. Lecornu said at a press briefing that "we're not changing our strategy." "We reject any reduction in fuel taxes that is indiscriminate and general." He said that the government instead?extended targeted measures and scaled up...

The?U.S. has?dramatically reduced Iran's ability to threaten its neighboring countries and U.S. interest. A senior U.S. Admiral stated on Thursday that the bombings have slowed down Tehran's defence industry by 90%. Admiral Brad Cooper of U.S. Central Command emphasized 'the tactical success of the military campaign he led against Iran and said that the war has dramatically reduced the danger posed by Iran to the Middle East. Cooper refused to directly address the reports of and other news organizations that Iran had significant drone and missile capabilities. These reports cited U.S. Intelligence sources. Cooper, speaking to a U.S. Senate Committee,...

Axios, citing two U.S. government officials and other sources, reported that the 'White House' believes it is close to reaching an agreement with?Iran over a one-page memo of understanding. This would end the war, and provide a framework for further nuclear negotiations. According to a report, the U.S. is expecting Iranian responses to several key points within the next 48 hours. The report cautioned that there hasn't been any agreement yet, but stated this was the closest parties have been to an accord since the beginning of the war. Axios reported that the deal included, among other things, Iran agreeing...

Security?sources say that a 'drone attack' targeted the home of the President of Iraq’s Kurdistan Region?early Saturday morning. This?incidences comes at a time when tensions are rising in northern Iraq. Sources added that air defences shot down a drone in Duhok near a base of Peshmerga warriors. The strikes come amid an increase in attacks against both Iran-aligned forces and?Kurdish ones as the U.S. and Israeli war on Iran spills?over into Iraq, attracting multiple armed group and straining Baghdad’s efforts to contain?the fallout. His office reported that Prime Minister Mohammed Shia al-Sudani spoke to him on the phone and condemned...

Taiwan won't raise electricity prices at this time despite the increase in energy prices caused by the Middle East war, according to the Economy Ministry. This will help to maintain price stability and industrial competitiveness. The government has been heavily subsidising energy to limit the impact on consumers of the rising energy prices caused by the Middle East war. The ministry released a statement saying that "in light of the 'risks' arising from the escalating conflict and the changes in international tariffs and to maintain industrial competitiveness and stabilize consumer prices, the committee decided to not adjust electricity rates at...

On Tuesday, oil prices soared on fears of a shortage, after Iran denied that it had?talks? with the United States about ending the Gulf War, in contradiction to U.S. president Donald Trump, who claimed a deal would be reached soon. Crude futures dropped by more than 10% after Trump ordered the delay of attacks on Iran's power plants for five days, claiming that he had held talks with Iranian officials who were not named, and they had reached "major agreements". Brent futures were up $1.25 or 1.3% to $101.19 a barrel by 0858 GMT. U.S. West Texas Intermediate rose $2.15...

Four sources confirmed that oil loading operations at the United Arab Emirates Fujairah, a major 'bunkering hub' and crude export terminal, had re-commenced despite a Saturday drone attack and fire. However, it is unclear whether the operations are back to normal. The U.S. - Iran war has already reduced Middle Eastern oil supply by more than?7m barrels a day, or 7% of the global supply. The disruptions?at Fujairah could force OPEC’s third largest crude producer to cut more?production, after already cutting production at its offshore oil fields. According to Kpler, Fujairah outside the Strait of Hormuz exported on average?more? than...

The government of Poland announced on Thursday that it had foiled a cyberattack against its nuclear research centre. It is now examining possible signs that Iran may be responsible. Poland claims it has been the victim of many cyberattacks ever since Russia invaded Ukraine on a large scale in 2022. Moscow has denied any involvement. Krzysztof GAWKOWSKI, Minister of Digital Affairs at TVN24+, said that the attack against Poland's National Center for Nuclear Research had taken place "in recent days". "The attack was not on a large scale, but it was an attempt at breaking through security that was stopped....

The restart of nuclear reactors in Japan is expected to boost sales at Mitsubishi Heavy Industries (MHI)'s nuclear power unit next year. This will be a record 400 billion yen, or $2.54 billion. This is well ahead of previous forecasts. Hiroshi Nishio said in an interview that we originally thought it would reach 400 billion yen by 2030. MHI plans to increase its headcount by about 10% in the reactor division next year, as orders continue to grow. After 15 years of the nuclear crisis in Japan caused by the tsunami, 15?of the 33 reactors are now operational. The Japanese...

The?maritime?security?centre of Oman said that a Palau-flagged tanker was hit on Sunday off the Musandam Peninsula injuring four people. This followed drone strikes against the commercial port of Duqm, which is located in the Gulf. These incidents are the first time that targets have been struck in or around Oman following a wave retaliatory'strikes' by Tehran against Gulf states following joint U.S. and Israeli attacks on?Iran, which have plunged the area into a war. In a posting on X, the 'Oman Maritime - Security - Centre said that the 20-person crew of the Skylight Tanker had been evacuated following the...

A senior Israeli official said that Ayatollah Khamenei was killed by Israeli and U.S. airstrikes. He had turned Iran into a powerful anti U.S. force, extended its military influence across the Middle East, and crushed repeated domestic unrest. No immediate confirmation from Iran was given of his fate. On Saturday, the United States and Israel launched military strikes against Iran. They targeted its top leaders. This threw the Middle East in a war that Donald Trump claimed would eliminate a threat to U.S. security and give Iranians the chance to overthrow their rulers. Khamenei became Iran's highest authority after the...

Germany, France, and Britain have condemned the 'Iranian' attacks on countries of?the?region on Saturday. They said that?Iran should halt its indiscriminate strikes and return to negotiations. In a joint press release, French President Emmanuel Macron, German Chancellor Friedrich Merz, and British Prime Minister Keir Starmer stated that they "condemn Iranian attacks against countries in the area in the strongest possible terms." "We urge the Iranian leadership to seek a negotiated resolution and call for a return to negotiations. "The Iranian people must be allowed to decide their own future", they stated. Leaders said that they have consistently called on Iran...