Nucleon Energy proposing nuclear power plant in Northern Alberta

Nucleon Energy is proposing projects in the Birch Hills County, and recently hosted three education sessions in the county and M.D. of Smoky River to get a response and to gauge interest from community members in the municipalities. The three sessions were held Feb. 10 at the Tangent Community Hall from 2-5 p.m. and 7-10 …

Asia Markets India’s NTPC plans to spend $62 billion on 30GW of nuclear power, sources say

The Kudankulam Nuclear Power Plant (KNPP) in Kudankulam, India on Thursday, March 21, 2024. Bloomberg | Bloomberg | Getty Images Indian state power company NTPC is looking to build 30 gigawatts (GW) of nuclear power capacity over the next two decades, three sources said. “NTPC plans to lead India’s nuclear power plan just as it …

Korean SMR-powered container ship design revealed

A rendering of a 15,000 TEU-class SMR-powered containership (Image: HD KSOE) South Korea’s HD Korea Shipbuilding & Offshore Engineering has unveiled a nuclear-powered container ship model utilising small modular reactor technology. The design was revealed on 12 February at the New Nuclear for Maritime Houston Summit, held at the Asia Society Texas Center in Houston, USA. …

TerraPower Awards Another Round of Vendor Contracts for Natrium® Reactor, Completes Procurement Milestone

TerraPower, a nuclear innovation company, announced today the selection of three supplier awards to support its first Natrium plant. These awards complete the procurement selection for long lead items for the United States’ first commercial advanced nuclear power plant. The Natrium Reactor Demonstration Project is currently under construction in Kemmerer, Wyoming, and is the first …

India wants to embrace nuclear power. To do it, it’ll need a lot of time and money

India wants more nuclear power, has pledged over $2 billion toward research and will change laws to boost investment to do it. The pledges were made by India’s finance minister earlier this month as part of a plan to expand electricity generation and reduce emissions. Nuclear power is a way to make electricity that doesn’t …

Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India

Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India over the next two decades, various local media reported citing a company statement. Jindal Nuclear, which is a part of the Naveen Jindal Group, and a 100% subsidiary of Jindal Renewables, said that the plan will include Bharat small reactors, small modular reactors …

France tempts AI firms with its nuclear electricity

UK-based AI cloud provider Fluidstack has signed a memorandum of understanding with the French government to construct one of the world’s largest decarbonised AI supercomputers in France. Meanwhile, utility EDF has identified four sites on its own land that it will offer for data centres. Announced at the AI Action Summit in Paris, under the …

Vietnam approves nuclear power plan aiming for reactor online in next decade

Vietnam formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious strategy to lift energy security and meet aggressive economic growth targets. The Southeast Asian nation launched a regulatory framework and plans to establish human resources and research infrastructure needed to develop atomic energy …

New York leads multi-state consortium to drive nuclear energy deployment and support state clean energy goals

The National Association of State Energy Officials (NASEO) announced a multi-state initiative to accelerate advanced nuclear energy projects. The initiative was first previewed by Gov. Kathy Hochul of New York last month and will be co-chaired by New York, Indiana, Kentucky, Tennessee, and Wyoming. They will be joined by Maryland, Pennsylvania, Utah, Virginia, and West …

Trump to help spark a nuclear energy ‘renaissance,’ investor says

Nuclear energy is set for a “renaissance” under U.S. President Donald Trump, according to Tema ETFs’ Yuri Khodjamirian. The chief investment officer noted that the Trump administration is “very, very interested” in backing new nuclear energy technology. “There’s a lot of excitement there, and equally, a lot of loss-making companies that have unproven technologies, and …