While the opposition insists on keeping the power plants open beyond the scheduled timeline, the government closes ranks around renewables The unprecedented blackout that struck mainland Spain and Portugal earlier this week has reignited the cultural and political battle over the future of nuclear energy. Spain’s current energy roadmap — endorsed by the European Commission — outlines …
In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …
The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …
China’s State Council approved 10 new reactors on Sunday in a vote of confidence for nuclear power to remain central to the nation’s clean energy transition. It’s the fourth year in a row that China has approved at least 10 new reactors. The nation has 30 under construction, nearly half the global total, and is …
The Government of India is reportedly exploring the possibility of permitting foreign companies to hold up to 49% ownership in the nation’s nuclear power facilities. This potential shift in policy is part of the country’s strategy to enhance its nuclear energy output and reduce reliance on coal. The move aims to attract increased foreign capital …
Namibia has long stated its interest in introducing nuclear power into its energy mix, which relies on imports, mainly from South Africa. Leading uranium producer Namibia will this year launch talks on its first nuclear energy plant as it seeks to exploit its rich natural wealth to transform its economy, the president said on Thursday. …
Korea Hydro & Nuclear Power (KHNP) president and CEO Whang Joo-ho stressed the importance of the technological partnership between Korea and Africa in nuclear energy during a keynote speech he delivered at the Africa Nuclear Business Platform (NBP) 2025 held in Morocco. The Africa NBP took place from Tuesday through Thursday with the heads of energy …
A third round of federal loans has been approved to support the restart of the Palisades Nuclear Plant in Van Buren County, Michigan. U.S. Department of Energy Secretary Chris Wright made the disbursement announcement Wednesday, releasing $46,709,358 from a total $1.52 billion loan guarantee to Holtec International. The federal loan with the Loan Programs Office …
CEZ AS, the biggest traded electricity producer in eastern Europe, is close to selling a nuclear project to the Czech government, people with knowledge of the matter said. The utility is preparing to divest a majority stake in EDU II, a special-purpose unit set up to commission two Korean reactors at its aging Dukovany complex, …
Wisconsin’s only operating nuclear power plant is Point Beach near Two Rivers. State lawmakers want to give the industry a boost. Bipartisan momentum is growing in Wisconsin to bolster the state’s use of nuclear power with an expected rise in demand for electricity, despite past skepticism of the industry. A group of lawmakers with members …
