It comes as no surprise that global energy demands are on the rise, with a 2.3% increase observed in the last year alone—nearly twice the average annual rate of growth since 2010. According to the International Energy Agency (IEA), although there was an increase in demand for all types of fuels, fossil fuels such as natural gas, …
The U.S. Department of Energy (DOE) today announced funding selectees for multiple domestic advanced nuclear technology projects. Three projects in three states will receive varying amounts for a total of approximately $11 million in funding. The projects are cost-shared and will allow industry-led teams, including participants from federal agencies, public and private laboratories, institutions of …
Advanced nuclear reactors are moving toward commercialization faster and with less government support than many realize. Their smaller size and advances in computing are helping. Over the last several years, there has been growing recognition that nuclear energy is an important climate mitigation technology. Several states around the country have shifted from renewable energy mandates …
ROSATOM and the Ministry of Science and Technology of the Socialist Republic of Vietnam signed a Memorandum on the implementation of Centre for Nuclear Science and Technology (CNST) in Vietnam. The document was signed by the Director General of ROSATOM Alexey Likhachev and the Minister of Science and Technology of Vietnam Chu Ngoc Anh in …
Jung Jae-hoon, president of Korea Hydro & Nuclear Power, delivers a speech at the WANO 30th anniversary ceremony at Hilton Hotel in Tokyo on May 15. Korea’s next-generation nuclear reactor APR1400 has received favorable reviews from members of the World Association of Nuclear Operators (WANO) for its compliance with the requirements of the U.S. Nuclear …
Reliable and affordable energy solutions require a mix of sources from renewables to nuclear, which may include inland and offshore small modular reactor solutions. Speaking during a PowerGen track at the African Utility Week conference, Dmitry Shornikov, CEO of Rosatom Central and Southern Africa highlighted the reliability and versatility of small modular nuclear power plants …
The US Department of Energy (DOE) should learn from the legacy of the NASA commercial orbital transportation services (COTS) programme to return the USA to a leadership role in nuclear energy, the Nuclear Innovation Alliance (NIA) says in a report issued today. The report, Enabling Nuclear Innovation: In Search of a SpaceX for Nuclear Energy, reviews …
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and …
The European Union will need to continue having a nuclear energy share of at least one-quarter until 2050 to meet the emissions reduction targets it has set for that year, according to a new report from Deloitte. The EU has set targets of reducing emissions by 40% compared to 1990 levels, and by up to …
The energy sector in the Middle East and North Africa will amass almost $1 trillion in investment over the next five years, as countries build out energy capabilities and pivot to renewables, according to new research. The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank with around $7 billion in total assets, provides an …
