Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to meet its growing power demand. They helped power the S&P 500’s Utilities index (XLU) to all-time highs — the index is on track to outperform the S&P 500’s equal-weighted counterpart…
TOKYO (AP) — A Japanese nuclear reactor that restarted last week for the first time in more than 13 years after it had survived a massive 2011 earthquake and tsunami that badly damaged the nearby Fukushima nuclear plant was shut down again Monday due to an equipment problem, its operator said. The No. 2 reactor…
TOKYO (AP) — A remote-controlled robot has safely returned with a tiny piece of melted fuel it collected from inside one of three damaged reactors at the tsunami-hit Fukushima Daiichi nuclear power plant for the first time since the 2011 meltdown. The Tokyo Electric Power Company Holdings, which manages the plant, said Saturday that the…
Normally, utility stocks aren’t very exciting. But, after a magnificent 35% rally over the past year, well, the utility sector is no doubt exciting right now. In fact, some investors might be thinking that the sector isn’t worth looking at anymore. That isn’t really true if you spend a little time examining utilities like Constellation…
A Japanese diplomat has urged Hong Kong to make the “correct decision” and lift the city’s 13-month-long import ban on aquatic products from 10 prefectures as soon as possible, after Beijing signalled its intention to gradually roll back its own curbs. Kenichi Okada, the country’s consul general in Hong Kong, made the appeal on Wednesday,…
Hong Kong authorities will seek more information from Tokyo and Beijing to look into the possibility of easing restrictions on seafood imports from 10 Japanese prefectures, following the central government’s decision to “gradually” lift its own sweeping ban. “The Environment and Ecology Bureau will seek more relevant information from the authorities on the mainland and…
HARRISBURG, Pa. (AP) — The owner of the shuttered Three Mile Island nuclear power plant said Friday that it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers with carbon-free energy. The announcement by Constellation Energy comes five years after…
KYIV, Ukraine (AP) — The head of the United Nations’ nuclear watchdog was holding talks with senior officials Tuesday in Ukraine over safety concerns for Europe’s largest nuclear power plant, where attacks were recently reported nearby. Rafael Grossi, who heads the International Atomic Energy Agency, was making his 10th visit since the Russia-Ukraine war began…