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 …
After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational stability of the …
THE NUCLEAR INDUSTRY GETS SERIOUS ABOUT SMALL ‘PLUG AND PLAY’ POWER PLANTS: As the hulking nuclear power plants of the past are being forced to shut down under the weight of their own finances, the future of the industry looks to be smaller, less-costly “plug-and-play” power plants. The industry is seeking to prove a number …
The Nuclear Energy Leadership Act (NELA), bipartisan draft legislation which aims to accelerate the development of advanced nuclear technologies and re-establish US leadership in nuclear energy has been re-introduced to the US Senate. NELA was submitted on 27 March by a group of 15 senators led by Senator Lisa Murkowski of Alaska. It was previously …
Amid a Europe-wide debate over the future of nuclear power in a renewable energy future, Spain has rolled out a schedule to close its seven nuclear power plants. This move comes as the government proposes an ambitious clean energy plan to shift away from fossil fuels completely by 2050. Spain’s main electricity providers have reached …
Moltex Energy and ARC Nuclear each claim thousands of new jobs possible in New Brunswick. NB Power and the New Brunswick government are looking at the potential for a second reactor at Point Lepreau as part of a bid to create a manufacturing industry in the province for mini reactors. If the plan is successful, …
Photo: In October 2018, workers clear debris from a house destroyed by Hurricane Michael in Mexico Beach, Fla. Hurricane recovery work has increased competition for construction workers, making it more difficult for the nuclear construction industry to hire people. (Photo by Scott Olson/Getty Images) The U.S. nuclear industry faces a reckoning over whether existing nuclear plants …
