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Last month, Cavendish Nuclear and U-Battery unveiled a full-scale model of U-Battery’s advanced modular reactor. The event was held at the Whetstone facility, which is located in Leicestershire and owned by Cavendish Nuclear. This full-scale model shows how the reactor can be constructed using modular techniques. The project was financed under the Advanced Manufacturing and … Continue reading “U-Battery Exhibits Full-Scale Modular Nuclear Reactor Model”

In a recently released report, the director general of the International Atomic Energy Agency, Rafael Mariano Grossi, made a case for the deployment of nuclear energy to allow for coal to be phased out. The agency plans to argue nuclear’s case during the UN Climate Change Conference, which will take place next month. In the … Continue reading “IAEA Makes Case for Nuclear Energy”

Last week, the Global X Uranium ETF and the NorthShore Global Uranium Mining ETF stocks increased by 11.6% and 13.5% respectively, delivering new gains to investors. The rally for these exchange-traded funds focused on uranium occurred after investors injected more than $1 billion into the funds earlier in the year as many expected a resurgence … Continue reading “Uranium Exchange-Traded Funds Enjoying Price Rally”

Earlier this week, ministers from various countries throughout Eastern Europe published a joint article highlighting the need to decarbonize their economies through the use of nuclear energy. The article stated that decarbonizing the economy required swift or prompt transformations in energy consumption and production patterns in order to reduce carbon dioxide emissions, which would require … Continue reading “10 EU Countries Push for Inclusion of Nuclear Energy in Taxonomy”

This year’s United Nations Climate Change Conference is slated for Oct. 31–Nov. 12, 2021, in Glasgow, Scotland. Sama Bilbao y León, director general of the World Nuclear Association wrote a letter to the UN Climate Change Conference president highlighting the association’s concerns about the rejection of applications on nuclear energy for the Green Zone. The … Continue reading “World Nuclear Association Requests Representation at 2021 UN Climate Change Conference  “

U.S. Secretary of Energy Secretary Jennifer M. Granholm has made it clear that we need to use every new and existing technologies in order to moderate the effects of climate change, which will include innovations in nuclear energy. The United States is home to some of the best nuclear innovators globally that are involved in … Continue reading “Test, Demonstration Reactors to Play Crucial Role in Nuclear Sector Innovation”

A nuclear fuel report that was launched earlier last month at the World Nuclear Association Annual Symposium highlights that the generation capacity of nuclear energy is predicted to increase by almost 3% annually, reaching roughly 610 GWe in the next two decades. By 2030, nuclear capacity is anticipated to have reached 439 GWe. At the … Continue reading “Nuclear Power Report Sees Rosy Future for Uranium”

Nuclear energy is one of the safest and cleanest energies to use given that it has a virtually nonexistent carbon footprint. However, nuclear disasters that have occurred in the past such as Chernobyl, Three Mile Island and Fukushima Daiichi, have made its use less than popular. The long half-life of radioactive nuclear waste doesn’t help … Continue reading “Notorious Reddit Investor Forum Picks Interest in Uranium Stocks”

The demand for nuclear power is set to rise significantly not only from consumers in the Far East but also from domestic U.S. consumers as the adoption of cleaner energy continues. Uranium Energy Corp CEO Amir Adnani believes that by 2030, the People’s Republic of China will have more nuclear generation than the United States, … Continue reading “Why Uranium Demand Could Double in a Decade”

The Sprott Physical Uranium Trust has been buying the metal on the spot market since August, which signals the start of a bull run for uranium. At the moment, Sprott holds more than 23 million pounds of uranium, which equates to roughly 14% of international reactor consumption. This move to amass huge amounts of the … Continue reading “New Investment Fund Increases Possibility of Uranium Bull Run”