CANDU

OPG and Westinghouse to explore areas for nuclear cooperation

Retrieved on: 
Thursday, November 30, 2023
Nuclear, Alternative Energy, Energy, Utilities, CANDU, Economics, Organization, Multimedia, Westinghouse Electric Company, SMR, Ontario Power Generation, OPG, Growth, Electricity, Westinghouse Electric Corporation, AP1000, MOU, Renewable energy, Uranium mining, Westinghouse

World Nuclear Exhibition – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.

Key Points: 
  • World Nuclear Exhibition – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.
  • View the full release here: https://www.businesswire.com/news/home/20231130222334/en/
    Patrick Fragman, Westinghouse President and CEO (left), with OPG President and CEO Ken Hartwick at the World Nuclear Exhibition in Paris.
  • With a five decades-plus history operating and refurbishing large nuclear stations, OPG is leading the way on new nuclear development to help meet this growing demand.
  • “I’m pleased to see OPG and Westinghouse look for opportunities for collaboration including leveraging the expertise of Ontario’s expert nuclear operators as Westinghouse deploys their reactors around the world, as well as utilizing Ontario's robust nuclear supply chain.”

AtkinsRéalis introduces 1,000 MW CANDU® MONARK™ Reactor; Nuclear Power for a Net Zero, Energy Independent Future

Retrieved on: 
Tuesday, November 28, 2023
CANDU, AECL, Carbon, Bruce Power, Engineering, International trade, Economic development, ATRL, Nuclear energy, Trade, IESO, Electricity, TSX, Government, Uranium mining, Cernavodă

The most advanced reactor design available from AtkinsRéalis , with the highest output of any CANDU technology at 1,000 MW, the CANDU MONARK is currently in the definition phase.

Key Points: 
  • The most advanced reactor design available from AtkinsRéalis , with the highest output of any CANDU technology at 1,000 MW, the CANDU MONARK is currently in the definition phase.
  • The Ontario Independent Electricity System Operator's (IESO's) "Pathways to Decarbonization" report indicated that the province will need to build another 18 gigawatts of nuclear power by 20501.
  • Large-scale nuclear reactors are increasingly sought-after by utilities and governments around the world as they look to decarbonize power grids, produce stable baseload power that is not weather-dependent and increase energy security.
  • The new CANDU MONARK reactor design will ensure CANDU technology remains front and centre amid growing interest in nuclear energy around the world as part of the clean energy transition.

Lightbridge Comments on Recent Nuclear Industry News

Retrieved on: 
Thursday, November 9, 2023
LTBR, Culture, Safety, News, CANDU, Thanasis Lightbridge, Uranium mining

RESTON, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today provided comments on recent nuclear industry news.

Key Points: 
  • RESTON, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today provided comments on recent nuclear industry news.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “Recent developments have cast a shadow over companies that are developing new reactors.
  • At Lightbridge, we are developing fuel for the over 400 currently-operating large reactors, plus new ones that will be built later, including small reactors that are in development.
  • We recently announced an engineering study in Romania to assess the feasibility of Lightbridge Fuel in the currently-operating CANDU reactors.

Lightbridge Provides Business Update and Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 30, 2023
MIT, Insurance, ATM, Treasury, Thanasis Lightbridge, LTBR, Webcast, Idaho National Laboratory, Texas A&M University, DOE, United States national laboratories, GAIN, Cryptocurrency, CANDU

RESTON, Va., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the third quarter ended September 30, 2023, and provided an update on the Company’s continued progress.

Key Points: 
  • RESTON, Va., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the third quarter ended September 30, 2023, and provided an update on the Company’s continued progress.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “We are making excellent progress on our fuel development efforts.
  • This $0.1 million decrease was due to the GAIN voucher project that was completed in the first quarter of 2023.
  • Net loss was $1.8 million for the third quarter ended September 30, 2023, compared to $2.0 million for the third quarter of 2022.

Lightbridge Launches Engineering Study to Assess Lightbridge Fuel for Use in CANDU Reactors

Retrieved on: 
Tuesday, October 17, 2023
Engineering, Void coefficient, Science, Thanasis Lightbridge, LTBR, Uranium mining, CANDU

The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.

Key Points: 
  • The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.
  • Canada Deuterium Uranium (CANDU) reactors, initially designed in Canada during the 1960s, use natural-uranium fuel and heavy water as both a moderator and coolant.
  • Daniela Diaconu, Scientific Deputy Director of Institutul de Cercetări Nucleare Pitești, commented, “We are pleased to collaborate with Lightbridge on this engineering study to investigate the advantages of using Lightbridge’s innovative nuclear fuel in CANDU reactors.
  • This engineering study will help us assess the viability of using Lightbridge Fuel in a CANDU reactor, which will help guide our commercialization pathway in determining the types of reactors that we prioritize.

Minister Wilkinson Champions Investments in Critical Minerals and Clean Energy

Retrieved on: 
Friday, September 29, 2023
Carbon, Sustainability, United States Senate Committee on Energy and Natural Resources, Executive, COP28, Nuclear Energy Agency, IEA, Cernavodă, Hydrogen, Agnès Pannier-Runacher, International Energy Agency, Electricity, CANDU, Joint Communiqué, Research, Recycling, Energy transition, Ministry, United Arab Emirates, NEA, Climate change, 2016 United Nations Climate Change Conference, Mining, Natural Resources, Climate, ESG, Conference, Void coefficient, Airline, Renewable energy, Uranium mining

PARIS, Sept. 29, 2023 /CNW/ - The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, was in Europe this week meeting with business leaders, international partners and international counterparts in London, U.K., and Paris, France, to attract investment to Canada in critical minerals and clean energy and to strengthen energy cooperation with like-minded allies.

Key Points: 
  • PARIS, Sept. 29, 2023 /CNW/ - The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, was in Europe this week meeting with business leaders, international partners and international counterparts in London, U.K., and Paris, France, to attract investment to Canada in critical minerals and clean energy and to strengthen energy cooperation with like-minded allies.
  • While in Europe, Minister Wilkinson played a leadership role for Canada in leading the discussions on transparent, sustainable and responsible supply chains at the first-ever Critical Minerals and Clean Energy Summit hosted by the International Energy Agency (IEA).
  • Whether it is in critical minerals or other clean energy technologies, global investment delivers good, sustainable jobs for Canadians while contributing to the global fight against climate change."
  • Budget 2023 introduced historic investments of approximately $80 billion in clean energy, including incentives and tax measures to support clean electricity, clean hydrogen and critical minerals.

$3 Billion in Federal Export Finance to Support Canadian Businesses While Providing Clean Energy Security for Romania

Retrieved on: 
Tuesday, September 19, 2023
United States Senate Committee on Energy and Natural Resources, Iron Curtain, Cernavodă Nuclear Power Plant, NCA, Cernavodă, Face, AECL, Burlacu, Iron, C1, C2, Electricity, CANDU, Energy in Romania, Research, Atomic Energy of Canada Limited, Coal, Nuclear energy, Climate change, Investment, Economic development, Natural Resources, SNN, CO2, Void coefficient, Renewable energy, Uranium mining, Petroleum, EU, Energy

Through Canadian technologies, financing and bilateral cooperation, Canada is committed to supporting Romania to advance all these shared priorities.

Key Points: 
  • Through Canadian technologies, financing and bilateral cooperation, Canada is committed to supporting Romania to advance all these shared priorities.
  • For decades, nuclear energy contributed to Canada's clean energy supply and will continue to play an important role for many regions in a net-zero world.
  • The new Cernavoda reactors will leverage Canadian CANDU technology to deliver clean and reliable power to communities while contributing to Canada's efforts to support European energy security.
  • "Canada's participation in this clean energy project will strengthen our reputation as a priority energy partner in Europe and beyond.

NRU Reactor Recognized for Outstanding Contributions in the Field of Isotopes

Retrieved on: 
Friday, July 28, 2023
Canadian Nuclear Laboratories Research Facilities, CNL, NRU, AECL, National Research Universal reactor, CANDU, Cancer, Woman, Ottawa Valley, Research, Reactor, History, WCI, Atomic Energy of Canada Limited, Science, Nuclear medicine, Chemistry, Tehran International Conference on Disarmament and Non-Proliferation, ARD International Music Competition, Engineering, Diagnosis, Conference, Carbon-14, Uranium mining, Medical imaging, Isotope

SASKATOON, Saskatchewan, July 28, 2023 (GLOBE NEWSWIRE) -- Atomic Energy of Canada Limited (AECL), Canada’s nuclear Crown corporation, and Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology laboratory, are pleased to announce that the National Research Universal (NRU) Reactor has received the 2023 World Council of Isotopes (WCI) President’s Award for over 60 years of service in the research, production and delivery of isotopes. CNL accepted the award on behalf of AECL, who owns and operated the facility during its service lifetime, and on behalf of the thousands of talented and dedicated men and women who designed, built and operated the NRU, at the 11th International Conference on Isotopes (11ICI) yesterday in Saskatoon, SK.

Key Points: 
  • A landmark achievement in Canadian nuclear science and technology, the NRU reactor would go on to produce isotopes that were used in over 1 billion medical procedures, impacting the lives of people all over the world.
  • “We are proud to receive this recognition, and even more proud of Canada’s nuclear heritage and the contributions that the NRU made to global nuclear science.
  • The medical isotopes created by the NRU benefited millions of people every year, in more than 80 countries.
  • If you would like to learn more about the NRU reactor and its history in Canadian nuclear science and technology, you can access the documentary on CNL’s YouTube page at www.cnl.ca/nru-movie .

Clean Core and Canadian Nuclear Laboratories Sign Strategic Partnership on Advanced Nuclear Fuel Development

Retrieved on: 
Wednesday, April 12, 2023
Science, technology, engineering, and mathematics, Canadian Nuclear Laboratories Research Facilities, Partnership, CNL, Atomic energy, AECL, Chalk River Laboratories, CANDU, Research, Atomic Energy of Canada Limited, HALEU, Thermodynamics, MOU, Physics, Government of Canada, R, Economics, Safety, ANEEL, Uranium mining, Science, Uranium

CHICAGO and CHALK RIVER, Ontario, April 12, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL) and Clean Core Thorium Energy (“Clean Core”) have signed a memorandum of understanding (MOU) to further the development and deployment of Clean Core’s advanced nuclear fuel called the “ANEEL Fuel.” This strategic partnership creates a framework under which CNL will support Clean Core’s critical activities, including R&D and licensing.

Key Points: 
  • CHICAGO and CHALK RIVER, Ontario, April 12, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL) and Clean Core Thorium Energy (“Clean Core”) have signed a memorandum of understanding (MOU) to further the development and deployment of Clean Core’s advanced nuclear fuel called the “ANEEL Fuel.” This strategic partnership creates a framework under which CNL will support Clean Core’s critical activities, including R&D and licensing.
  • “We look forward to partnering with Clean Core on the development and deployment of its advanced nuclear fuel technology, which has the potential to boost the performance and economics of reactors worldwide,” said Dr. Jeff Griffin, CNL’s Vice-President of Science and Technology.
  • Clean Core expects that when ANEEL Fuel is commercially ready in 2025, it can offer existing PHWRs worldwide next-generation performance and cost advantages.
  • “Our strategic partnership with Canadian Nuclear Laboratories will help accelerate the commercialization of our ANEEL Fuel, with the potential to make reactors cleaner, more cost effective, and further improve safety,” said Mehul Shah, CEO of Clean Core.

Clean Core and Canadian Nuclear Laboratories Sign Strategic Partnership on Advanced Nuclear Fuel Development

Retrieved on: 
Wednesday, April 12, 2023
Science, technology, engineering, and mathematics, Canadian Nuclear Laboratories Research Facilities, Partnership, CNL, Atomic energy, AECL, Chalk River Laboratories, CANDU, Research, Atomic Energy of Canada Limited, HALEU, Thermodynamics, MOU, Physics, Government of Canada, R, Economics, Safety, ANEEL, Uranium mining, Science, Uranium

CHICAGO and CHALK RIVER, Ontario, April 12, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL) and Clean Core Thorium Energy (“Clean Core”) have signed a memorandum of understanding (MOU) to further the development and deployment of Clean Core’s advanced nuclear fuel called the “ANEEL Fuel.” This strategic partnership creates a framework under which CNL will support Clean Core’s critical activities, including R&D and licensing.

Key Points: 
  • CHICAGO and CHALK RIVER, Ontario, April 12, 2023 (GLOBE NEWSWIRE) -- Canadian Nuclear Laboratories (CNL) and Clean Core Thorium Energy (“Clean Core”) have signed a memorandum of understanding (MOU) to further the development and deployment of Clean Core’s advanced nuclear fuel called the “ANEEL Fuel.” This strategic partnership creates a framework under which CNL will support Clean Core’s critical activities, including R&D and licensing.
  • “We look forward to partnering with Clean Core on the development and deployment of its advanced nuclear fuel technology, which has the potential to boost the performance and economics of reactors worldwide,” said Dr. Jeff Griffin, CNL’s Vice-President of Science and Technology.
  • Clean Core expects that when ANEEL Fuel is commercially ready in 2025, it can offer existing PHWRs worldwide next-generation performance and cost advantages.
  • “Our strategic partnership with Canadian Nuclear Laboratories will help accelerate the commercialization of our ANEEL Fuel, with the potential to make reactors cleaner, more cost effective, and further improve safety,” said Mehul Shah, CEO of Clean Core.