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Cameco’s Q2 Earnings Surge 157% Amid US Nuclear Policy Boost

In a significant development for the nuclear energy sector, Cameco Corporation, a leading global uranium supplier, has reported a remarkable 157% increase in its second-quarter earnings. This impressive financial performance is largely attributed to the recent positive shifts in U.S. nuclear policy, which have bolstered the demand for nuclear fuel and supported Cameco’s growth.

The Impact of US Nuclear Policy

The recent uptick in Cameco’s earnings comes in the wake of evolving U.S. nuclear energy...

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Utility News

The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...

T&D Trends

Climate Change News

UN Warns of Deadly Heat as Hottest Decade Ends

In December 2024, the United Nations reported that the world has endured a "decade of deadly heat," with 2024 marking the tenth consecutive year of unprecedented temperatures. This period has been characterized by record-breaking heatwaves, severe droughts, and devastating wildfires, underscoring...

Overhead T&D

Lightning Discoveries & Technologies

How this phenomenon affects electric utilities

BY JIM SIEBERT, FOX 26 Chief Meteorologist

Advances in technology are helping scientists understand lightning in ways that were not possible a few years ago. Beforehand, meteorologists primarily studied lightning, focusing most of their efforts on explaining why and how this phenomenon occurs. However, geologists and other earth scientists have joined in the study of unraveling lightning mysteries. A new understanding of why lightning strikes locations is starting to emerge.

The key to this understanding is the ability to measure distinctive attributes. When combined with geological knowledge, recent meteorological instrumentation advances are improving the ability to detect and measure lightning, explaining mysteries, dispelling old myths, and affecting multiple industries. The developments are quite literally—shocking.

Overhead

Changing Utility Business Models And Electricity Investment In Europe

The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the...

Underground

Infrastructure

The Evolution of Utility Pole Engineering

Lessons learned and importance of data surveys BY CLAYTON JAMISON UYEDE, UTS Consultants Back in 2004, the Electrical Safety Authority, the workplace safety regulator for the Province of Ontario, issued new regulation that gave utilities the option of having their poles analyzed and certified by a...