Japan is entering a new phase in its nuclear energy strategy, with Prime Minister Fumio Kishida ordering Wednesday the development and construction of next-generation nuclear power plants. This marks a major shift from the country’s post-Fukushima policy of backing away from the building of new nuclear power plants. The move would help Japan reduce its …
Holtec’s SMR-160, 160 MW Electric Nuclear Reactor We hail the passage of the Inflation Reduction Act, which includes landmark provisions to support deployment of nuclear power and other clean energy technologies. This Act will turbocharge the rise of nuclear energy in the U.S., including Holtec’s SMR-160 small modular reactor power plants, which are engineered to …
A nuclear reactor in Barakah, the United Arab Emirates [YONHAP] The “K-taxonomy” could help Korea in signing nuclear power projects overseas, but the green energy classification may not be enough for investors. A green taxonomy is a list of economic activities considered environmentally sustainable. It describes which activities and assets that can be defined as …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) and UEX Corporation (TSX:UEX, “UEX”) are pleased to announce the closing of the previously announced plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act, pursuant to which UEC acquired all of the issued and outstanding common shares of UEX that it did not already …
Augustine Beach, Delaware 7-14-2014 The Salem Nuclear Power plant located at the Hope Creek Generating Station in New Jersey as seen from across the Delware Bay in Augustine Beach. Credit: Mark Reinstein (Photo by Mark Reinstein/Corbis via Getty Images) Some of the most widely touted provisions in the Inflation Reduction Act include electric vehicle tax …
Small modular nuclear reactors can be developed with a levelized cost of electricity of about $60/MWh, Jon Ball, executive vice president of market development at GE Hitachi Nuclear Energy, said Friday on a panel hosted by the U.S. Energy Association. The company is developing the 300-MW BWRX-300 small modular reactor. A recent poll by the Nuclear Energy Institute predicted …
Boris Johnson has greenlit funding for a new multibillion-pound nuclear power station, triggering concerns among some of Liz Truss’s allies that it could limit her economic vision. Whitehall sources confirmed the prime minister and Chancellor Nadhim Zahawi have given the financing go-ahead for the construction of the Sizewell C nuclear reactor in Suffolk. Private funding will be sought …
A night view a Hualong-1 construction site at Changjiang Nuclear Power Plant. /Photo provided by Hainan Nuclear Power China’s self-developed third-generation nuclear power unit Hualong-1 has entered the quantity production phase after the unit’s first commercial operation in January last year. Two new Hualong-1 units are under construction at the Changjiang Nuclear Power Plant in …
The reactor pressure vessel for unit 2 of the China National Nuclear Corporation (CNNC) Zhangzhou nuclear power plant was hoisted into place on Aug 9 in East China’s Fujian province, completing a prerequisite for the subsequent installation of the inner dome and the welding of the main pipeline. This is another major step forward for the installation …
The construction of the world’s first commercial onshore small modular reactor (SMR), the Linglong One, hit another milestone with the last tank of concrete being poured into the underground retaining walls of its conventional island at the Changjiang nuclear power plant, South China’s Hainan province, on Aug 13. The Linglong One, also known as ACP100, is a …
