Latest Exclusives
Global Banks and Big Tech Unite to Power a Nuclear Energy Renaissance
Major banks pledge support for nuclear energy: Fourteen global financial institutions, including Bank of America, Barclays, and Goldman Sachs, have committed to supporting nuclear energy, aiming to triple global nuclear capacity by 2050 as part of climate...
As Constellation Energy Invests $1.6Billion to Re-Open Three Mile Island, All Eyes on The Nuclear Sector
Constellation Energy’s announcement to restart Unit 1 at the Three Mile Island nuclear power plant by 2028, specifically to power Microsoft data centers, has sparked a surge in uranium mining stocks. The connection is clear—nuclear plants require uranium to generate...
Uranium Utopia: U.S. Governmental Activity Causes Stock Surge
Uranium stocks surged after President Biden signed the Prohibiting Uranium Imports Act, banning Russian uranium imports to enhance U.S. energy security and boost domestic uranium production, creating thousands of jobs. The U.S. government announced a $3.4 billion...
Dimming Prospects: First Solar’s Stock Downgrades Cast Shadow on Future Growth
Recent Downgrades: First Solar (FSLR) faced downgrades from analysts at Mizuho Securities and DZ Bank AG due to concerns over its valuation, with price targets set at $274.00 and $270.00, respectively. This has led to a 7.81% drop in its stock price to $263.69. Market...
Not So Chile Anymore: What Chile is doing to work towards a brighter future
Chile, facing severe climate challenges including megadroughts and wildfires, is taking proactive steps to combat pollution, particularly in addressing plastic waste contaminating oceans. Chile has joined the IAEA's NUTEC Plastics initiative, utilizing nuclear energy...
Sky’s the Limit: FAA Approval Paves the Way for Amazon Drone Expansion
The FAA has granted Amazon approval to operate drones beyond visual lines of sight (BVLOS), enabling longer-distance deliveries and allowing remote drone operation without direct visual contact, starting in College Station, Texas. Amazon's approval came after...
Will Crypto be the End of Us?
Crypto mining requires immense computational power, leading to high energy consumption primarily sourced from fossil fuels, causing significant environmental harm and contributing to climate change. Bitcoin's annual energy consumption surpasses that of entire...
White House Supports New Nuclear Reactors
Despite nuclear energy providing nearly a fifth of U.S. electricity and half of its clean energy, the sector has stagnated due to cheaper alternatives like natural gas, wind, and solar. Recently, the White House announced plans to upgrade current reactors and develop...
Russia Gains Key Ally in Face of Western Sanctions
Russia and Uzbekistan have signed an agreement to build Central Asia's first nuclear power plant, deepening economic and energy ties between the two countries as Russia continues to face Western sanctions. The project, led by Russian nuclear giant Rosatom, aims to...
Perry Power Plant’s Coolant Conundrum: A Splashy Shutdown
Despite nuclear energy's remarkable operational record, boasting a staggering 93.1% capacity utilization, surpassing all other energy sources by a significant margin, no operation is impervious to shortcomings. Last week, the Perry Nuclear Power Plant in Ohio served...
Harnessing the Power of the Sea: The Rise of Floating Nuclear Energy
Floating Nuclear Power Units (FPUs): Representing a groundbreaking leap in nuclear energy technology, FPUs offer stationary platforms dedicated to electricity generation, distinct from nuclear-powered vessels, with reactors specifically designed for maritime...