President Yoon Suk Yeol has announced plans to create a small modular reactor (SMR) industrial hub in the city of Gyeongju in the southeastern corner of South Korea’s North Gyeongsang Province. The government also aims to establish a hub for the hydrogen industry in the province. Speaking at the 26th people’s livelihood debate meeting, held …
China’s first industrial-use nuclear energy steam supply project, at the Tianwan nuclear power plant in China’s Jiangsu province, has entered operation following commissioning tests. The project will supply steam to a nearby petrochemical plant. The project – known as Heqi-1 – was jointly developed by China National Nuclear Corporation (CNNC) subsidiary Jiangsu Nuclear Power Company …
Higher power prices have created opportunities for nuclear operators to serve data centers that locate nearby, S&P Global Ratings said. Data centers could drive 35 GW of incremental load growth through the end of the decade, creating opportunities for existing nuclear generating plants to ink supply deals with nearby facilities, S&P Global Ratings said in a June 10 …
The coalition has lifted the lid on its nuclear plans, presenting a list of potential sites for power stations in a move that could make or break its electoral campaign. With tens of thousands of Australians learning they could be living next to a nuclear reactor, a chorus of opposition grew on social media and …
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) issued a Notice of Intent (NOI) to fund up to $900 million to support the initial U.S. deployments of Generation III+ (Gen III+) Small Modular Reactor (SMR) technologies. This funding—made possible in part by President Biden’s Bipartisan Infrastructure Law—will help strengthen America’s domestic …
This single-stage operation was performed for the second time in the history of the Russian nuclear power industry. On June 18, 2024, the dome was successfully lifted and installed at a single stage on the reactor building of Xudapu NPP power unit No. 4 (China) constructed with involvement of the Rosatom Engineering Division. This single-stage …
Senator Tom Carper U.S. Senators Tom Carper (D-Del.), Chairman of the Senate Environment and Public Works (EPW) Committee, Shelley Moore Capito (R-W.V.), Ranking Member of the EPW Committee, and Sheldon Whitehouse (D-R.I.) today applauded Senate passage of their Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act as part of the Fire Grants …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) today provided an update on its financing and development of the Dasa Uranium Project in the Republic of Niger, including: Updates on the approaches made to the Company to finance the development of the Dasa Project and timeline for the approval …
Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse’s nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan’s future clean power needs. The MOU will explore technical and commercial pathways to …
Microsoft founder Bill Gates said Sunday that he’s “quite confident” that a next generation nuclear power project will continue regardless of the balance of power in Washington next year, saying “support for nuclear power is very impressive in both parties.” Gates and his energy company TerraPower are spearheading a major project that broke ground in Kemmerer, Wyoming …