Latest Exclusives
Japan’s Bold Energy Shift: Balancing Renewables and Nuclear for a Decarbonized Future
Ambitious Energy Targets: Japan's new energy policy aims to expand renewables to 40-50% and nuclear power to 20% of the energy mix by 2040, significantly reducing coal reliance while addressing rising power demands from AI and semiconductor industries. Nuclear...
Europes Nuclear Renaissance: A New Era of Energy Investment and Innovation
Renewed Political Momentum: Europe is shifting its focus toward nuclear energy, driven by geopolitical pressures, decarbonization goals, and the creation of initiatives like the European Nuclear Alliance and the SMR Alliance to accelerate development.\n\n- Key...
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...
Trouble Ahead: NVIDIA and Microsoft Face Government and Environmental Pressures
Antitrust Investigations: The U.S. Department of Justice and the Federal Trade Commission approved investigations into Microsoft, NVIDIA, and others for potentially using their market dominance to disadvantage smaller AI technology companies. Market Dominance and...
Energy Sector Update
Occidental and Berkshire Hathaway Joint Venture: Occidental Petroleum and Berkshire Hathaway have formed a joint venture to market and sell lithium for EV batteries, highlighting Occidental's expansion in renewable energy. Competition in the Lithium Market: Occidental...
Rising Temps and Rising Tempers: UN Chief Looking to Tax Fossil Fuel Companies to Fund the Fight against Global Warming
On June 5, 2024, U.N. Secretary General António Guterres, announced calling for a “windfall” tax on fossil fuel companies to use said tax dollars to help fight the climate crisis. He calls these companies the "godfathers of climate chaos." In light of international...
Can Investors Benefit from Renewable Energy Alternatives Despite Inflationary Pressures?
High interest rates to combat inflation have led to declines in stock performance, particularly affecting the renewable energy sector due to higher borrowing costs. Renewable energy projects face financial challenges despite legislative support, with high...
NATO Embraces Nuclear: Last Energy’s Modular Reactors Set to Transform Military Bases
Historic Partnership: Last Energy and the NATO Energy Security Centre of Excellence (ENSEC COE) have signed the first-ever agreement between ENSEC COE and a nuclear energy company, focusing on microreactor applications for NATO military bases and installations. Joint...
Apple and OpenAI Team Up: ChatGPT to Revolutionize iPhones
Apple and OpenAI Collaboration Announcement: Apple and OpenAI are poised to unveil a significant collaboration at the Worldwide Developers Conference, integrating ChatGPT into iPhones, signaling a major technological advancement. - Strategic Alliance: Led by OpenAI...
Preserving Power: Closed Nuclear Power Plants May Reopen to Help Eliminate Emissions
Nuclear Plant Closures and Reopenings: Since 2013, numerous U.S. nuclear plants have shut down due to competition from natural gas and rising safety costs, risking increased fossil fuel usage. Efforts are underway to revive retired plants, like the Palisades reactor...
