Hyundai Engineering & Construction has signed a strategic cooperation agreement with the nuclear power industry leader Westinghouse Electric Company to jointly build next generation nuclear power plants. This is the first time that a Korean firm has formed a partnership with the US nuclear power company. Under the agreement, Hyundai Engineering & Construction will be …
Climate worries galvanize a new pro-nuclear movement in the U.S. Charles Komanoff was for decades an expert witness for groups working against nuclear plants, delivering blistering critiques so effective that he earned a spot at the podium when tens of thousands of protesters descended on Washington in 1979 over the Three Mile Island meltdown. Komanoff …
Ferdinand Marcos Jr., son and namesake of longtime Filipino president Ferdinand Marcos Sr., was elected as president of the Philippines on May 9. Marcos Jr., known as Bongbong, has said nuclear power will be a priority for his administration. Source: Wikipedia The winner of the Philippines’ presidential election earlier this month has made another move …
NuScale Power LLC (“NuScale”) announced today a Memorandum of Understanding (“MOU”) with Romania’s state nuclear power corporation S.N. Nuclearelectrica S.A. (“Nuclearelectrica”) to conduct engineering studies, technical reviews, and licensing and permitting activities at a site in Doicesti, Romania that is the preferred location for the deployment of the first NuScale VOYGR™ power plant. The announcement, …
South Korean President Yoon Suk-yeol (right) and U.S. President Joe Biden hold a news conference after their summit in Seoul on May 21. South Korea and the United States officially declared their alliance in the nuclear power industry at the recent summit. Their cooperation is likely to revolve around advanced reactor and small modular reactor …
Korea Hydro & Nuclear Power (KHNP) announced on May 22 that unit 1 of the Shin Hanul nuclear power plant, located in Uljin, North Gyeongsang Province, achieved criticality for the first time at 11 a.m. on May 22. A reactor goes critical when each fission event releases a sufficient number of neutrons to sustain an ongoing series of reactions. …
Miners revive mothballed uranium projects Uranium prices climbed 50% after Russia invaded Ukraine New nuclear plants set to drive global demand Uranium miners are racing to revive projects mothballed after the Fukushima disaster more than a decade ago, spurred by renewed demand for nuclear energy and a leap in yellowcake prices after Russia’s invasion of …
European countries have been scrambling to end their reliance on Russian gas since Vladimir Putin invaded Ukraine on February 24. Aside from exposing the EU’s dependence on Moscow’s energy exports, the war also aggravated an already crippling energy crisis as the wholesale costs of oil and gas skyrocketed. In a bid to slash electricity bills and boost energy security, European countries …
– Japan needs to make the best use of existing nuclear power capacity to defy soaring electricity prices, the head of the country’s utilities group said on Friday. Serious discussions are needed on nuclear power policy as the global liquefied natural gas (LNG) market may become even tighter in the event of disruption to Russian …
The construction of unit 1 of the San’ao nuclear power plant in China’s Zhejiang province has “entered a new stage” with the start of installation of equipment within its nuclear island, China General Nuclear (CGN) announced. On 2 September 2020, the executive meeting of the State Council approved the construction of units 1 and 2 …