At least six private companies, including Reliance Industries and Adani Power, have evinced interest in setting up Bharat small modular reactors (BSMRs) and identified 16 probable sites across six states. The six corporates who have responded to the request for proposals by the Nuclear Power Corporation of India Limited (NPCIL) to set up small modular …
Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050. The investment will add 53 gigawatts of reactor capacity, bringing the total nuclear fleet to 159 gigawatts, driven by power-hungry data centers running artificial intelligence systems. The expansion will primarily use small …
The New Nuclear Age: Why the World Is Rethinking Atomic Power After decades of underinvestment, a convergence of generational technological breakthroughs, intensifying geopolitical competition, and the need for clean, dense, reliable power are positioning nuclear energy for a renaissance. Executive Summary Throughout history, the commercialization of new forms of energy has given rise to fossil …
During World Nuclear Week in Moscow, Uzbekistan and Russia signed two pivotal agreements, marking significant progress toward the construction of Uzbekistan’s first nuclear power plant (NPP). The first agreement, a Supplementary Agreement on Implementation Terms, expands on a prior June 20, 2025 accord between Rosatom Energy Projects JSC and Uzbekistan’s State Enterprise “Directorate for NPP …
Russia and Ethiopia signed a document on Thursday calling for the planning and construction of a nuclear power plant in the east African country, RIA news agency quoted Rosatom, the state-owned Russian nuclear corporation, as saying. An action plan on development and construction of the facility was signed during a nuclear power forum by the …
Rosatom has agreed to build new reactors with total capacity of 5GW in the southern Hormozgan province. Tehran and Moscow have signed a $25bn deal to build four nuclear power reactors in southern Iran, according to Iranian state media. Friday’s announcement comes as the United Nations Security Council is expected to vote on a China- and Russia-backed …
In Brief In August 2025, Taiwan’s nationwide referendum on extending operations at Maanshan Nuclear Power Plant failed despite receiving 74.2 per cent approval from voters, as low turnout meant affirmative votes fell short of the required threshold. Initiated by the opposition Taiwan People’s Party and backed by the Kuomintang, the referendum reflects rising pro-nuclear sentiment, …
Senior diplomats of Korea and the Czech Republic have agreed to work closely together to ensure the smooth completion of the Korea-led construction of two nuclear power plants in the European country, Seoul’s foreign ministry said Thursday. The two countries have finalized the estimated $18 billion project after overcoming long-standing legal hurdles involving foreign rivals, …
Centrus Energy (NYSE American: LEU) is joining with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor, JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development, today to announce plans for a major expansion of Centrus’ uranium enrichment plant in Piketon, Ohio. The expansion is expected to create 1,000 …
Russian and Iran signed a memorandum of understanding on Wednesday on the construction of small nuclear power plants in Iran, Russian state nuclear corporation Rosatom said. The agreement was signed by Rosatom chief Alexei Likhachev and Iran’s top nuclear official, Mohammad Eslami, at a meeting in Moscow. Rosatom described it as a “strategic project”. Eslami, …