Latest news with #NuclearPower
Yahoo
2 days ago
- Business
- Yahoo
Nuclear Power Is Going Mainstream. These Stocks Stand to Benefit.
Nuclear power is quietly becoming a central pillar in the global shift toward low-carbon energy, as high-profile companies like Meta Platforms, and Alphabet embrace it. The VanEck ETF recently broke above a bull flag pivot at $110, with price action suggesting a move toward $155 in the coming months. Constellation Energy leads the fund with a 7.5% weighting, in contrast to Cameco's nearly 25% slice of the more concentrated Global X Uranium ETF. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
NuScale (SMR) Ends 8 Straight Gains on Profit-Taking
We recently published . NuScale Power Corporation (NYSE:SMR) is one of the biggest losers on Monday. NuScale Power snapped an eight-day winning streak on Monday, dropping 9.57 percent on Monday to close at $45.44 apiece as investors resorted to profit-taking to take advantage of the intra-day rally. During the session, NuScale Power Corporation (NYSE:SMR) touched a new all-time high of $50.94, but investors turned sellers to pull the company's price back to the $45 level. The recent rally can be attributed to the continuous advancements in the artificial intelligence sector, thanks to strong backing from President Donald Trump. NuScale Power Corporation (NYSE:SMR) is set to announce the results of its earnings performance for the second quarter of the year on August 8. A Nuclear power plant with all its safety & security protocols in place. Investors will be closely watching for any cues of deals with companies following Trump's signing of an executive order in May that aims to quadruple the nuclear power industry in the US to 400 GW by 2050. While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Bloomberg
16-07-2025
- Business
- Bloomberg
Scaling Nuclear to Fuel AI Energy Needs
Nuclear power is 'extremely well-suited' to powering artificial intelligence, says Kathryn Huff from the University of Illinois Urbana-Champaign. Huff speaks with Ed Ludlow on 'Bloomberg Tech.' (Source: Bloomberg)
IOL News
15-07-2025
- Business
- IOL News
Koeberg Nuclear Power Station's Unit 1 return postponed: what it means for South Africa's energy
Eskom said the return to service of Unit 1 at the Koeberg Nuclear Power plant has been moved to August, after initially scheduled to return to service in July after planned maintenance. Image: Supplied Eskom announced that Unit 1 at the Koeberg Nuclear Power Station, South Africa's only nuclear facility located in Cape Town, that is supposed to return to service this month, has been pushed back to the end of next month. Currently offline for the second phase of its long-term operational maintenance programme, Unit 1 was initially expected to return to service by July 2025. Eskom said this adjustment reflects their "unwavering commitment to thorough inspections and maintaining the highest quality standards to ensure the safety and reliability of the facility". As part of the scheduled maintenance, detailed eddy current inspections — an essential non-destructive testing method—revealed defects in four tubes across two of the newly installed steam generators. Eskom said it acted promptly, deploying an advanced automated process to rectify the identified issues, with specialised international teams working in tandem with local experts to ensure the repairs met global safety and quality standards. "The successful completion of these critical repairs marks a significant milestone in reinforcing the safety framework at Koeberg." In addition to the tube repairs, the maintenance activities included the legally mandated 10-year Integrated Leak Rate Test (ILRT). "During this rigorous test, the reactor building was pressurised over a continuous 72-hour period, carefully monitoring its leak rate and structural integrity. The results from the ILRT confirmed the robustness of Unit 1's containment structure, thereby aligning with international safety protocols." Bheki Nxumalo, Eskom's Group Executive for Generation, emphasized the importance of prioritising safety at Koeberg. 'Our top priority is always the safety of our employees, the public and the environment. Carrying out these additional inspections and repairs to world-class standards, we are investing in the long-term reliability of Koeberg and South Africa's energy future,' he said. Nxumalo reiterated that the maintenance of Unit 1 is vital for delivering decades of affordable, low-carbon power, advocating how nuclear energy contributes to economic growth and environmental sustainability. Eskom is concurrently progressing on other generation projects, including the recently synchronised 800MW Kusile Unit 6, which is expected to enter commercial operation by September 2025. "This year has already seen the reconnection of Kusile Units 1, 2, and 3 to the repaired west stack, as well as the return to service of Medupi Unit 4 after a prolonged outage. Together, these initiatives are aimed at bolstering generation capacity and securing a stable electricity supply." Eskom said the revised return date for Koeberg Unit 1 is not anticipated to increase the risk of loadshedding. "The latest Winter Outlook released in May remains valid, indicating that the planned return of 2,500MW this winter is unaffected by the status of Unit 1. The report shows that loadshedding will not be necessary as long as unplanned outages stay below 13,000MW. Even with potential increases in outages, Eskom has projected a maximum of 21 days of loadshedding during the winter season, capped at Stage 2. As the winter season progresses, Eskom continues to encourage energy efficiency among customers while assuring them of the national power system's stability. Unit 2 of Koeberg remains operational, currently contributing up to 946MW and recording an impressive Energy Availability Factor (EAF) of 99.98% as of the end of June 2023. Once all maintenance work is completed, Unit 1's reactor core will undergo refuelling, testing, and will be synchronised back to the national grid. Eskom said it meticulously plans these outages to ensure that both Koeberg units are not offline simultaneously, maintaining an essential power supply for the country.
Hindustan Times
06-06-2025
- Science
- Hindustan Times
Upgraded nuclear power gallery opens at Delhi Science Centre
The National Science Centre on Friday unveiled a fully revamped version of its Hall of Nuclear Power: Atoms Serving the Nation gallery, showcasing nuclear energy through immersive simulations, interactive controls, and cutting-edge display tech. Spread across 7,000sqft, the permanent gallery now features more than 56 interactive exhibits aimed at making nuclear science accessible to the public—especially students. The ₹1.25 crore upgrade was funded by the Nuclear Power Corporation of India Ltd (NPCIL) as part of a long-running collaboration under a 2012 MoU with the National Council of Science Museums. 'The essence remains, but the exhibits have evolved with time,' said BVS. Sekhar, NPCIL executive director, who inaugurated the gallery. 'We've incorporated new technologies, made it more intuitive, and leveraged the museum's expertise in science communication.' Visitors can now experience a 3D walk-through of a nuclear power plant, explore an omni-projection of solar fusion, and test a touch-screen simulator that mimics a nuclear control room—showing in real time how changes affect output and safety. The Hall of Nuclear Power is now open to visitors daily from 9:30am to 6pm. 'We've reworked the entire user experience,' said Vijay Shankar, director of the Delhi Science Centre. 'The safety section now reflects updated commissioning protocols, and every system is built to invite curiosity.' The gallery also tells the story of India's nuclear programme—its milestones, challenges, and promise—highlighting figures like Homi J Bhabha and India's use of thorium reserves as a sustainable energy path. Similar NPCIL-backed installations exist in Mumbai and Chennai, with smaller district level versions in the pipeline. Shankar also announced a ₹32 crore grant from the ministry of tourism for wider upgrades to the science centre. 'We're working on new galleries on space exploration and prehistoric life. Public areas will also be redesigned in the next year.'
