Latest news with #nuclearreactors
Yahoo
16 hours ago
- Business
- Yahoo
This Cathie Wood Stock Breaks Out. 'Top Pick' For Trump's Nuclear Reactors.
Cameco supplies uranium to major utilities but also has exposure to new nuclear technology and standard nuclear reactors. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
a day ago
- Politics
- Washington Post
The Latest: 2nd week of Israel-Iran war starts with renewed strikes
DUBAI, United Arab Emirates — The second week of the Israel-Iran war started with a renewed round of strikes despite talks between European ministers and Iran's top diplomat. Friday's talks, which aimed at de-escalating the fighting between the two adversaries, lasted for four hours in Geneva, but failed to produce a breakthrough. Meanwhile, U.S. President Donald Trump continued to weigh his country's military involvement and concerns spiked over potential strikes on nuclear reactors.
The Independent
04-06-2025
- Business
- The Independent
A Czech deal to build nuclear reactors worth $18 billion is unblocked after a court clears the way
A deal to build at least two nuclear reactors in Czechia was unblocked Wednesday, after an appeals court dismissed on Wednesday a lower court ruling that blocked the government from signing a deal with South Korea's KHNP power utility. The Supreme Administrative Court said that the ruling was not in line with law, meaning the signing of the deal could go ahead. KHNP won a lucrative public tender last year, beating a competing bid by France's EDF. The two new reactors will be built at the existing Dukovany power plant in an effort for the country to wean itself off fossil fuels. The contract between the dominant power company CEZ, where the Czech state has a majority stake, and KHNP was due to be signed on May 7 but EDF lodged a legal challenge at the regional court in the second-largest Czech city of Brno after the Czech anti-monopoly office dismissed its complaint about the tender. The regional court said on May 6 that the deal could not be signed before it rules on the EDF case, because then there would be no way to change it even if the French company won. CEZ and KHNP challenged that. The two new reactors will complement Dukovany's four 510-megawatt units that were completed in the 1980s. The total cost is estimated to be over over 400 billion koruna ($18 billion). The first new reactor is expected to become operational for a trial by 2036, the second about two years later.
Bloomberg
02-06-2025
- Business
- Bloomberg
Trump Plans to Tap Biden's Green Bank to Make Billions in Loans
The Trump administration plans to use a $400 billion green bank the president once sought to kill to finance billions of dollars in loans for nuclear reactors, geothermal power and critical minerals, according to details of the administration's fiscal year 2026 budget request. The funding would primarily support the construction of smaller nuclear reactors as well as untested advanced nuclear reactors that have struggled to gain traction. In all, the Energy Department wants to offer more than $67 billion in loan guarantees and other financing over the next two fiscal years, and is asking Congress to approve some $750 million to help pay for the costs of making some of those loans.
CBS News
01-06-2025
- Climate
- CBS News
Emergency siren tests happening at two Pennsylvania power stations this week
Pennsylvania officials are warning Chester County residents not to panic if they hear alarms coming from two major power stations this week. The Limerick Generating Station in Pottstown and the Peach Bottom Atomic Power Station in Delta will both conduct tests of their emergency alert siren systems this upcoming week. According to their website, Limerick Clean Energy Center's two nuclear reactors can produce enough electricity to power the equivalent of more than 1.7 million homes. Limerick sits on a 600-acre site and draws its cooling water from the Schuylkill River. The Peach Bottom facility also has two nuclear reactors that can generate 2,770 megawatts and can produce enough energy to power the equivalent of nearly 2 million homes. You can expect to hear the emergency siren coming from the Limerick Generating Station at 2 p.m. on Monday, June 2. Then, on Wednesday, June 4 the Peach Bottom Atomic Power Station will conduct their emergency alert siren testing at 1 p.m. Both test alerts should last for about three minutes, officials say.
