SK Inc. has laid out an ambitious plan to invest 23 trillion won (US$17.82 billion) in eco-friendly initiatives by 2025, with a primary focus on “energy transition.” SK Group Chairman Chey Tae-won has shown keen interest in transforming SK’s business landscape from a petroleum-centric structure to one that centers on environmentally friendly energy ventures. Among …
The Westinghouse Springfields Fuel Fabrication Facility in the U.K. has manufactured world-class nuclear fuel and related products and services for nearly 75 years. Government Funding Will Support Investment for Advanced Nuclear Reactor Fuels Westinghouse Electric Company announced today that the U.K. Government’s Nuclear Fuel Fund has awarded three grants to upgrade and expand the Springfields …
Canada’s plans to make nuclear power a central part of its decarbonization strategy are taking shape with major announcements around large nuclear builds, small modular reactors and medical isotopes. Nuclear power accounts for around 15% of Canada’s electricity generation with most capacity in Ontario where some 40% of the population resides. A total of 19 …
Kairos Power has submitted an application to the US Nuclear Regulatory Commission (NRC) for permission to build the Hermes 2 plant next to the Hermes molten salt test reactor it plans to build at Oak Ridge, Tennessee. The two-unit demonstration plant would produce and sell electricity. The NRC is now assessing the application, which was …
A study commissioned by the American Bureau of Shipping (ABS) has explored the potential of advanced nuclear reactor technology for commercial marine propulsion, whilst a study led by UK-based innovative reactor developer Newcleo will consider the feasibility of nuclear applications to the shipping industry, including the firm’s small modular lead-cooled fast reactor technology. ABS commissioned …
Specialists from Rosatom’s TVEL have told an international nuclear fuel conference that the Russian-designed TVS-K fuel for Western-design pressurised water reactors (PWRs) had demonstrated “excellent behaviour under commercial operating conditions”. TVEL started PWR fuel fabrication at Novosibirsk in 2021 and says its modified versions of its TVS-K fuel is “the only nuclear fuel on the …
EDF, as the future operator of the potential first Nuward plant in France, has submitted the safety options file for the small modular reactor (SMR) to the country’s nuclear safety regulator, the Autorité de Sûreté Nucléaire (ASN). The safety options file is a document that presents the safety objectives, the global design features, and the …
A project for a submersible underwater power module, featuring two nuclear power units with a total capacity of 20 MWe, that can dive to a depth of 400 metres and provide energy in Arctic regions is being worked on by the Malakhit Marine Engineering Bureau in St Petersburg, Russia. Strana Rosatom, the Russian nuclear corporation’s …
The Fiscal Year 2024 Energy and Water Development Appropriations Act provides $58.095 billion in total funding for the Department of Energy, Army Corps of Engineers, Bureau of Reclamation, and independent agencies. “Our energy and water infrastructure need significant investment to meet the needs of Americans throughout the country, particularly in the West,” said Senator Dianne Feinstein …
The signing of the MoU between Daewoo E&C and ERBUD (Image: ERBUD) Among the agreements signed during a Polish-Korean business forum on 14 July was a memorandum of understanding between Poland’s KGHM Polska Miedź SA and South Korea’s Samsung C&T Corporation on the implementation of low and zero-emission technologies, including small modular reactors (SMRs). Daewoo …