ENERGY

By Brian Martucci of UtilityDive

Executive Summary:

• The White House wants to deploy 300 GW of net new nuclear capacity by 2050 and have 10 large reactors under construction in the U.S. by 2030 while expanding domestic nuclear fuel supplies, according to an executive order signed by President Trump.
• Trump signed three other orders on Friday to accelerate Nuclear Regulatory Commission reviews of reactor license applications and reconsider strict NRC radiation limits; expand (more…)

Authored by Andrew Topf via OilPrice.com,

• A resurgence in nuclear energy is now underway, fueled by rising energy security concerns, climate goals, and soaring uranium prices.

• The U.S. and parts of Europe are embracing a nuclear revival, with President Trump targeting a quadrupling of U.S. nuclear capacity by 2050.

• European nations such as Denmark, Spain, and Germany are signaling renewed openness to advanced reactor technologies.

The Fukushima disaster soured the (more…)

Oil prices are dumping this morning, after overnight gains following API's reported big crude draw as soft US economic data and concerns about rising supplies eroded the risk-on sentiment from a court ruling that blocked a swath of the Trump admin’s tariffs.

Crude had earlier rallied as much as 2% after a trade court blocked a vast range of President Donald Trump’s trade levies.

In the near term, algorithmic selling activity will weigh on prices into the weekend meeting, he (more…)