Latest Exclusives
Deep Fission: Revolutionizing Nuclear Energy with Underground Reactors for a Safer, Cheaper, and Sustainable Future
Deep Fission has secured a $4 million pre-seed investment to develop underground pressurized water reactors (PWRs) that offer safer, more cost-effective, and sustainable nuclear power generation. The company's novel approach involves placing 15 MWe PWRs one mile...
Starbucks New CEO Hire Causes Stock Fluctuations
Brian Niccol, former CEO of Chipotle, has been appointed as the new CEO of Starbucks after the company ousted Laxman Narasimhan due to declining same-store sales over the past two quarters. Investors are optimistic, with Starbucks shares rising 20% after the...
Uranium Energy Corp. UEC Q3 Earnings Fall Short of Analyst Expectations
Uranium Energy (UEC) reported an unexpected EPS of minus 5 cents per share for Q3 2024, missing the anticipated 1 cent per share, leading to a decline in stock price. Despite no revenue and gross profit for the quarter, UEC's cash and cash equivalents nearly doubled,...
IEA Crude Oil Forecast Make Waves in The Energy Sector
The IEA forecasts that global oil demand will peak in 2029 and then decline due to advances in clean energy technologies and shifts in economic patterns, particularly in China. Citi analysts predict a significant drop in oil prices by 2025 due to a market surplus,...
Citigroup Study Reports U.S. Nuclear Expansion to Triple Nuclear Capacity by 2050
The U.S. aims to triple its nuclear capacity by 2050, supported by new technologies and government advocacy, amid global shifts towards clean energy and changing military strategies. The current U.S. nuclear fleet consists of 95 reactors, many over 40 years old, with...
Berkshire Hathaway, Brookfield, and Alterra Lead A Surge in Energy Investments
Brookfield Asset Management (BAM) has launched a $5 billion catalytic transition fund (CTF) for clean energy in emerging economies, with $1 billion already committed by UAE-based Alterra. Alterra, the world's largest private clean energy investment vehicle, aims to...
Nuclear Down Under: Shift in Australia’s feelings towards Nuclear
The Lowy Institute's recent poll in Australia reintroduced questions on public sentiment towards nuclear energy, revealing over half of respondents support or partially support its integration into Australia's energy landscape. This shift in attitude signifies a...
More More More! Japan’s Return to Nuclear Power Consumption
Japan faced a triple disaster in 2011 with an earthquake, tsunami, and Fukushima nuclear meltdown, leading to a reduction of nuclear energy due to public fears. Rising fossil fuel prices and climate commitments are pushing Japan to reconsider nuclear power, with...
Marveling at MARVEL: DOE Building Its Own Microreactor
The U.S. is accelerating efforts to reach net-zero emissions by 2050, with the Department of Energy nearly completing the design of a microreactor to showcase its technological integration and applications. The MARVEL reactor will aid in understanding reactor design,...
Building Tomorrow: TerraPower Kicks Off SMR Construction in Wyoming
TerraPower began constructing its natrium reactor project in Lincoln County, Wyoming, employing 1,600 local workers. The natrium reactor, using liquid-sodium coolant, aims to revitalize U.S. renewable energy with higher thermal efficiency and safety. Despite only...
Russia Sets Sail with Guinea for Floating Nuclear Power Plant
Recent advancements in nuclear technology have led to the development of floating nuclear power plants, which offer advantages such as autonomous electricity generation for remote areas, desalination capabilities, and reduced environmental impact compared to...
