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Kazakhstan is negotiating with potential suppliers on the construction of a second nuclear power plant

Gumar Sergazin, Vice Chairman of the Atomic Energy Agency of Kazakhstan, stated at the 70th General Conference of the International Atomic Energy Agency (IAEA) that Kazakhstan is currently engaged in active negotiations with potential suppliers regarding the construction of the country's second nuclear power plant. In his remarks, Sergazin emphasized that within the framework of implementing the national nuclear energy program, Kazakhstan is not only preparing for the construction of its first nuclear power plant, but is also consulting with potential partners on preparations for a second nuclear power plant. Sergazin noted that Kazakh President Kassym-Jomart Tokayev approved in April 2026 the...

2026-09-17

Canada's Nuclear Energy Strategy Focuses on Project Financing and Risk Sharing

The Canadian federal government recently unveiled a new nuclear energy strategy, explicitly committing to advancing new nuclear power projects nationwide, strengthening domestic supply chains, expanding uranium resources and nuclear fuel supply, and continuing to support nuclear technology innovation in fission and fusion. The strategy also states that nuclear deployment requires more modern financing tools, more efficient regulatory processes, and closer collaboration among governments, Indigenous communities, and industry. The goal of this strategy is to serve Canada's economic, social, and climate objectives through nuclear energy projects, enhancing national energy security while creating jobs and fostering innovation. As the strategic direction becomes clearer, how to translate policy goals into projects that are financeable and ready for construction has become the key question for the next phase.

2026-08-27

Türkiye Plans 17,000-Ton Uranium Drilling Program, Accelerating Nuclear Energy Autonomy Strategy

Türkiye is advancing a new round of exploration around a uranium deposit reportedly totaling 17,000 tons, planning drilling at 47 different points to further confirm ore body distribution, grade levels, and economic viability for extraction. This move is positioned within the context of Türkiye's energy supply security and nuclear energy development strategy, aiming to provide more domestic resource support for future nuclear fuel assurance. From an energy strategy perspective, uranium resource exploration is not merely a standalone mining project but part of Türkiye's efforts to reduce external energy dependence. Türkiye has long relied on imported energy, with external supplies of natural gas, oil, and other resources impacting its energy costs and macroeconomic performance. Globally...

2026-08-10

CEO of Atomic Energy of Canada Limited to Step Down After Term Ends in 2027

Atomic Energy of Canada Limited (AECL) announced on July 28 that, after consultation with the Chair of the Board, the company's President and Chief Executive Officer, Fred Dermarkar, has informed the Board that he will not seek reappointment after his term ends on February 7, 2027. AECL stated that Dermarkar believes that as the company enters a new and important phase of development, now is the appropriate time to initiate a leadership transition. He will continue to serve until the end of his term to ensure management continuity while the company advances its key strategic priorities and to support a smooth handover to new leadership. This personnel announcement comes at a time of active development in Canada's nuclear energy industry. Previously, the Canadian government...

2026-07-29