canada

canadaGeneral Fusion Has Over US$100 Million to Make a Fusion Demo Plant

General Fusion has successfully closed USD$65 million with a Series E round led by Temasek (Singapore fund). There was US$38 million (C$50 million) released from the Canada’s Strategic Innovation Fund. The total funds recently made available to General Fusion is …

canadaNuclear Energy Advanced Reactor New Roundup

1. The reactor pressure vessel of the APR-1400 unit 5 of South Korea’s Shin Kori nuclear power plant was installed. The 1340 MWe pressurized water reactor is scheduled to begin commercial operation in March 2023. South Korea is taking just …

canadaSaskatchewan Producer of All of Canada’s Uranium Will Finally Embrace Nuclear Energy

Saskatchewan is a province in Canada where all of Canada’s uranium is produced but Saskatchewan has never had a nuclear power plant. Ontario has 18 of Canada’s 19 operating nuclear reactors. Saskatchewan will finally embrace nuclear power by planning to …

canadaARC 100, Modular Reactor, Passes First Phase of Canada’s Nuclear Safety Commission Vendor Design Review

Advanced Reactor Concepts is developing an exportable, factory-produced, 100 MWe nuclear reactor with fixed fuel costs for 20+ years. The Canadian Nuclear Safety Commission (CNSC) has completed the first phase of a vendor design review of ARC Nuclear Canada’s ARC-100 …

canadaMoltex Energy Gets US$7.5 Million in Crowdfunding for Molten Salt Nuclear Reactor

Moltex Energy has raised 6 million british pounds (USD7.5 million) in funding through online investment platform Shadow Foundr. Their design is a Stable Salt Reactors that builds on the fundamental safety and simplicity breakthrough of molten salt fuel in essentially …

canadaUS All Liquid Oil Production is at 73% of OPEC Oil Production

US All Liquids oil production is at 19.6 million barrels per day. US oil production is forecasted to increase by 1-2 million barrels per day by the end of 2020. US crude oil production is at 12.5 million barrels per …

canadaCanada Will Demo, Deploy and Lead in SMR Nuclear Fission Reactors

Canada has one of the world’s most promising domestic markets for SMRs (Small Modular Reactors – nuclear fission). Conservative estimates place the potential value for SMRs in Canada at $5.3B between 2025 and 2040. Globally, the SMR market is much …

canadaMission Innovation for Clean Energy Solutions

At the 4th Mission Innovation (MI) Ministerial meeting, Mission Innovation (MI) members announced bold new projects and collaborations that will push clean energy research and innovation forward with the aim of bringing affordable, reliable clean energy to communities around …

canadaC$10 Million to Develop First Molten Salt Molten Reactor

Moltex was founded in 2014 by Dr. Ian Scott, and was privately funded until 2018. Moltex’s mission is to enable low-cost clean energy as a practical economic solution. On 2018-07-13, New Brunswick Power and NB Government agreed to build, own …

canadaBrexit Party Could Win in UK Election and Trudeau Will Likely Lose in Canada

A new Opinium/Observer poll shows both major British parties have lost vote share: Labour has lost ground to the Lib Dems and Greens, while the Conservatives are losing ground to the Brexit Party who have reached 21%. The Brexit Party …