Nuclear Power

Standard Nuclear's shares dropped 10% in their New York Stock Exchange debut on Thursday after the company reduced its?offering?size, as investors remain cautious about valuations. The Oak Ridge, Tennessee-based company opened its shares at $13.50 each, below the $15 offered price. This gives the nuclear fuel firm a value of $2.17 Billion. The market debut shows that investors are still cautious despite a renewed interest in nuclear power. This is fueled by the surge in electricity demand for artificial intelligence data centres and U.S. policies supporting it. Nuclear energy is gaining in popularity as technology giants and utilities seek carbon-free...

Standard Nuclear announced on Wednesday that it has raised $150m in its U.S. initial public offering, after cutting its offer size by more than half. Investors remained cautious over 'valuations. The Oak Ridge, Tennessee nuclear fuel company, which sold 10,000,000 shares at $15 per share, valued it at about $2.41 Billion. The shares will begin trading at the New York Stock Exchange under "STDN" on July 16. Originally, the company had planned to sell 18.25 million shares between $18 and $21 per share. The IPO market is gaining momentum despite the geopolitical uncertainties, as the resilient equity markets are encouraging...

The US?government announced sanctions against individuals and entities that it claimed were a part of a network that helped Iran acquire weapons. In a statement, the U.S. Treasury Department stated that sanctions would be imposed on Iranians and Russians as well as entities with bases in Iran, Russia,?and Nigeria. The move coincides with heightened tensions, including hostilities between Washington and Tehran over the Strait of Hormuz. Treasury released a statement saying that Wednesday's targets "exemplify Iran’s use of foreign aviation, transport, and financial conduits as well as travel coordinators in order to conceal the IRGC’s role 'in illicit procurement' and...

Standard Nuclear has reduced the size of its proposed U.S. Initial Public Offering by more than 50 percent on Wednesday. It joins a'string' of companies who have lowered their valuation targets to match cautious investor sentiment this year. The company plans to sell 10,000,000 shares for $15 each. It originally intended to sell 18.25 million of its shares between $18-$21 each. Standard Nuclear's valuation would be $2.4 billion at $15, as opposed to its previous target of $3.55billion. Analysts claim that despite the strong resurgence of the U.S. IPO Market this year, investors remain cautious about valuations and prefer to...

SoftBank Group CEO Masayoshi son said that the development of AI will require $5 trillion in investment each year by 2040. Any talk of a "bubble" forming around this technology is absurd, Son added. The technology investment group, SoftBank, has been investing heavily in OpenAI over the last two years. They have also invested in data centres, robotics companies, and financing. Son told SoftBank's annual conference in Tokyo that the cost of AI will be $5 trillion or 800 trillion yen per year. You might think this is a lie but I'm confident it's true. Son stated that the business...

Holtec Nuclear Corporation, an energy company in the United States, filed for an initial public offer. Holtec Nuclear Corporation filed for an initial public offering in the United States on Friday. After a few years with muted issuances the U.S. IPO has experienced a resurgence. Larger deals and AI-linked listing have driven dollar volumes to record levels even though the number of offerings remain?far below previous boom-era peaks. The government's?drive to quadruple U.S. nucleonic capacity by 2050 in order to meet the rising demand for power from?data centres, electric vehicles, and cryptocurrency mining has also benefited energy sector IPOs. Holtec...

The U.S. nuclear power regulator on Wednesday proposed narrowing the scope of environmental?reviews required under federal law for licenses for new and renewed reactors. The?U.S. nuclear regulator proposed on Wednesday to narrow the scope of?environmental?reviews required by federal law for licenses to new and renewed reactors. The proposal is just one of many changes that the Nuclear Regulatory Commission has made to its rules. The U.S. President Donald Trump wants to quadruple the nuclear power capacity of the U.S. by 2050 in order to meet the power demand, which has risen due to data centers and electric vehicles. The NRC...

The U.S. Nuclear Power Regulator on Wednesday proposed "changes" to a rule that protects people from radiation. This is the latest proposal by the Trump administration to change or soften the rules in order to speed up development and reduce costs for new nuclear reactors. In 2025, President Donald Trump issued executive orders to accelerate the permitting of nuclear reactors and overhaul the Nuclear Regulatory Commission. He also directed the Energy and Defense departments work together in order to build nuclear power plants on federal lands. Trump wants to quadruple the U.S. nuclear capacity by 2050 in order to meet...

The U.S. Department of Energy announced a total of $17.5 Billion in conditional loan for 'utilities and energy companies to purchase reactors, and other infrastructure needed to rebuild U.S. Commercial Nuclear Supply Chain. U.S. Energy Sec. Chris Wright told journalists that the loans would help the U.S. reach its goal of having ten new large-scale reactors under construction by 2030. This could potentially accelerate that timeline by three year. Wright said that this has drawn the attention of both data center hyperscalers - tech giants who run a 'global cloud computing and infrastructure' - and energy companies, as U.S. electricity...

The Zaporizhzhia?power station in southeast Ukraine, which is occupied by Russia, announced?on Saturday?that?external?power?had been restored. For a while the station was forced to rely solely on diesel generation. The plant's Russian management released a statement on Telegram saying that the plant is operating normally after the return to external power. Radiation levels were normal. International Atomic Energy Agency (IAEA), the U.N.'s nuclear watchdog?also reported that?the external?line?was restored after a 4-1/2-hour break. The Ukraine Energy Ministry stated that Russian military activity is responsible for the disconnections. This is the 20th time since Russia began its full-scale invasion of Ukraine in February...

The Financial Times reported on Tuesday that the U.S. was 'discussing' whether or not to deploy nuclear weapons into?additional European NATO states. The FT reported that U.S. officials had indicated an openness to additional nuclear-capable deployments outside of the six countries currently hosting such bombers. Three people who were briefed about the discussions confirmed this. The newspaper said that the'move' would require more countries to host so called U.S. Dual-Capable?Aircraft (DCA), capable of delivering nuclear strikes. However, it cautioned that an agreement for expanding U.S. Nuclear Hosting was not imminent. The report stated that countries on NATO's eastern front, including...

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...

Rosatom, the state-owned nuclear corporation of Russia, announced 'on Friday' that it has suspended 'the return of their first employees to a construction site for new units at Iran's Bushehr 'nuclear 'power 'plant' following recent strikes against Iran. On Thursday, an Iranian official said that a U.S. missile had hit the perimeter of the facility and hit a military base on the outskirts Bushehr. Alexei Likhachev was quoted as saying that the Russian state corporation chief had halted the progress of his team in Tehran after the attack last night. He said, "We will decide the next steps in the...

The Kremlin announced that Russia and Uzbekistan began building a nuclear power plant in Uzbekistan. It is the first one of its kind in post-Soviet Central Asia. This will help meet the growing demand for energy in the region. The Kremlin announced late Thursday that Russian President Vladimir Putin, Uzbek president Shavkat Miziyoyev and other officials had met in St Petersburg to discuss the annual economic forum of Putin. The project is situated in Uzbekistan’s Jizzakh Region (central-eastern region), which borders Tajikistan and Kazakhstan. The design of the plant combines two types?nuclear?reactors: two large units that can produce 1,000 megawatts...

Alexei Likhachev, the head of Rosatom's nuclear division, said that the company will remain in Iran despite the conflict in the Middle East. It is also committed to the agreement to build two more units at the Bushehr nuclear power plant. After the United States and Israel attacked Iran on February 28, Rosatom evacuated its staff, and suspended construction on the new units. Likhachev stated that around 450 Rosatom employees remain on the site after 150 returned via Armenia to Russia this week. "The construction and completion of the?second and?third units remain among the priorities for the?corporation. This is not...

The head of Russia's nuclear energy corporation announced on Thursday that repair crews had restored the external line of the Russian-controlled?Zaporizhzhia nucleopower plant in southeast Ukraine, nearly a month after the facility was shut down. In a public statement, Alexei Likhachev, the director general of Rosatom said that repairs were completed on the Ferosplavna-1 power line, which connects the plant with the grid, late Thursday afternoon. He said that the repair work was completed "one day earlier than scheduled" at Europe's biggest nuclear plant with its six reactors. The plant was taken over by Russia shortly after the invasion of...

Russia accused the United States of Israel on Thursday of 'trying to drag the?Arab nations into a wider -Middle East conflict' by prodding Iran to strike targets in the region. It said that Washington and Tel Aviv were not showing any signs they would relent. Since the United States and Israel launched the 'air strikes' on Iran, Saturday, the 'Iranian missile and drone attacks have targeted Arab states in the Gulf. Some of these also have close ties to Russia. Russian President Vladimir Putin spoke by phone on Monday to the leaders of four Arab Gulf States, offering to use...

Alexei Likhachev, the chief of Rosatom, said that the U.S. and Israeli air attack on Iran has halted the construction of new 'units' of Iran's nuclear 'power plant' in the 'port city' of Bushehr. Likhachev warned earlier of the danger posed by'strikes near Iranian nucleus facilities. He said that explosions were heard 'just a few kilometres from the facility, even though the facility was not being targeted. He told journalists that the work has stopped on the sites of the second &?third units. He said that it was difficult to predict what would happen next, due to the military operations...

The regional governor reported that?about 50,000 people in the Russian city Belgorod were without electricity on Friday morning after Ukrainian missiles had struck the city overnight. Governor?Vyacheslav?Gladkov stated that about half of the affected people should be connected by Friday's end following the latest attack in a long series of attacks which have led to repeated blackouts. Belgorod is located about 40 km from the Ukrainian border. In the four years that Russia invaded its neighbor, it has been the target of many Ukrainian missile and drone strikes. Gladkov posted on Telegram that "serious damage" had occurred to the energy...

A local ceasefire was declared near the Zaporizhzhia Nuclear Power Plant in southeast Ukraine on Friday, to allow repairs of an external power line. The plant is the largest in Europe. Under Russian Control Since shortly after the beginning of the war, in 2022. The plant does not produce electricity and relies on outside power to maintain its nuclear material cool in order to avoid a catastrophic incident. Russia and Ukraine accuse each other frequently of putting the safety of the plant at risk by staging attacks near it. Last year, a similar 'local truce' was established when the power...

The companies confirmed that Rosatom, the Russian state nuclear power company, has released Siemens Energy from its contract to?help build Paks II in Hungary. This confirms an earlier report on the news website Politico. Rosatom informed?that it had terminated the contract with the firm?at the?end of 2025 because its?inability? to meet its contractual obligations. Siemens Energy stated that there were no sanctions in place at the time of termination, and that it fulfilled its contractual obligations in compliance with all national and international laws. It said that "at the time when the fulfillment would have made sense, the customer had...

Denys Shmyhal, Minister of Energy in Ukraine, said that senior Ukrainian officials agreed on Wednesday to increase air defence capabilities around the capital Kyiv. This is to counter any possible future Russian air attacks against energy infrastructure. The 'fresh' preparations follow the attacks in Kyiv, where officials are scrambling to repair damages to heating and electricity networks that has left thousands of people in darkness and cold. "Most information will not be made public." In the context of?potential further Russian attacks?, we discussed strengthening Kyiv?s active air defense, especially for?energy facilities?, Shmyhal wrote after a military staff meeting on Telegram....

The head of Ukraine's nuclear power company said that the largest nuclear plant in Europe, which was seized by Russian forces during the initial days of the invasion of Ukraine, could only be restarted safely if the facility is returned to Ukrainian control. Since Russian forces seized the area, the six reactors of the Zaporizhzhia Nuclear Power Plant were shut down. Moscow announced in 2013 that it aimed to restart one reactor. The plant's Russian appointed boss stated it could start producing energy as early as 2027. Pavlo Kovtoniuk is the head of Ukrainian nuclear company Energoatom. He said that...

Hungarian Foreign Ministry Peter 'Szijjarto' said that the first concrete pour at Hungary’s Russian-built nuclear plant Paks 2 was on Thursday. This officially made it a.nuclear facility under construction. Rosatom, the Russian state-owned nuclear energy company, will build two new reactors under an agreement signed in 2014 between Budapest and Moscow. Hungary wants to expand Paks by adding two Russian VVER reactors. Each VVER has a capacity of 1.2 gigawatts. The 12.5 billion Euro project, which was awarded to Rosatom without a tender, is often cited as proof of the warm relationship between Russian President Vladimir Putin and?Hungarian Premier Viktor...