Changes to nuclear funding model and desire for greater energy security behind big bet on nuclear Ministers are increasingly confident of being able to fund a set of new nuclear power stations at a fraction of previous costs as the Government prepares to make nuclear power the centre point of its energy strategy this week. …
Unit 3 of the Karachi nuclear power plant in Pakistan has reached full power operation for the first time on March 31. It is now a step closer toward the goal of Hualong One overseas demonstration project being put into commercial operation. Karachi unit 3 is the world’s fourth Hualong One unit and the second …
A company backed by investor in Elon Musk’s businesses is the latest to say that it wants to build a nuclear power plant in Wales. Last Energy is now the third company that wants to build nuclear power plants in Wales, having settled on a not yet named site within the country. They would join …
Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine, Business Secretary Kwasi Kwarteng told The Sunday Telegraph. “There is a world where we have six or seven sites in the UK” by 2050, Kwarteng told the newspaper. The Sunday Telegraph …
ČEZ has set aside an area at the Temelín Nuclear Power Plant as a potential location for the Czech Republic’s first small modular reactor (SMR). It says the site will not impact on plans to build two more large-scale units. ČEZ signed a Memorandum of Understanding on SMRs with NuScale in September 2019 and one …
The Nuclear Energy (Financing) Bill had its third reading, a chance for members to make sure the eventual law is effective, workable and without loopholes, on Wednesday 30 March. The Nuclear Energy (Financing) Bill will provide finances for new nuclear power stations by introducing a regulated asset base (RAB), which empowers the economic regulator to levy charges on …
Public comments on the Tennessee Valley Authority’s proposal to install nuclear reactors at the Clinch River Reactor site in Oak Ridge are due Monday, April 4. TVA has proposed a technology park which would contain one or more advanced nuclear reactors with a cumulative electrical output not to exceed 800 megawatts. Electronic comment submissions are …
The Centre has given in-principle approval for six new reactors at Kovvada nuclear plant in Andhra Pradesh. The overall estimated investments in Kovvada project would be as high as two lakh crore. Centre has given in-principle approval for setting up six reactors of 1,208 MW each at Kovvada nuclear power plant in Andhra Pradesh’s Srikakulam. …
One of German government’s economic advisers, Volker Wieland, said on Wednesday he was in favor of longer operating times for the country’s nuclear power plants in light of the looming energy crisis caused by the war in Ukraine. “We have to change course and use all levers to become less dependent on Russian raw material …
For financial year 2022-23, India plans to import 133 units of fuel assemblies and 100 metric tonne unit of natural uranium in the form of Uranium Ore Concentrate. The government informed the Parliament on Wednesday that no nuclear fuel is scheduled to be imported during the current financial year. For financial year 2022-23, India plans …
