Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July …
The purpose of the agreement is twofold – to explore and consider in the medium term co-investment opportunities in the construction of Small Modular Reactor (SMR) nuclear power plants, partly to cover the needs of the steel industry, and to consider opportunities for the medium-long term supply of nuclear energy, primarily by means of the …
Rolls-Royce SMR is first ever UK reactor design to be submitted for consideration Evaluation of potential benefits and detriments is required for in-principle justification of any new nuclear practice The Nuclear Industry Association has applied for a justification decision for Rolls-Royce SMR’s reactor design. Our application makes the case that the benefits of clean, firm, flexible …
The first unit at the Akkuyu nuclear power plant is being prepared for the loading of dummy fuel, and with three more units under construction, the two sides discussed the potential of collaborating on a second nuclear power plant in Turkey. Rosatom CEO Alexei Likhachev, pictured above, left, and Turkey’s Energy Minister Alparslan Bayraktar, above, …
The top DOE appropriator in the House seeks to accelerate two existing demonstration projects and the deployment of small modular reactors. The House Appropriations Committee passed legislation last week that would provide a $9 billion boost to two existing nuclear reactor demonstration projects and the deployment of at least one small modular reactor, despite criticism from Democrats …
South Korean nuclear energy stocks surged after Korea Hydro & Nuclear Power Co. was chosen to build two reactors in the Czech Republic, beating out French and US rivals for the multibillion dollar project. Shares in KEPCO Engineering & Construction Co., which is owned by KHNP’s parent Korea Electric Power Corp (KEPCO), rose as much …
The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …
Rosatom ‘ahead’ amid talks for new plant, Turkey minister says Ankara is also talking with China and US on nuclear projects Russia’s state-owned Rosatom Corp. is “ahead” in a bid to build Turkey’s second nuclear power plant, in the latest sign of Ankara’s growing energy ties with Moscow. Rosatom already has experience in Turkey’s nuclear sector, starting commissioning work …
The Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, believes it is necessary to prepare at least three sites for the construction of new nuclear power plants (NPPs) in the country in order to ensure a reliable and expandable energy supply in the future, Kazinform News Agency reports. “The discussion is not yet …
South Africa’s Koeberg nuclear power plant will be allowed to run one of its two units for another 20 years, the country’s nuclear regulator said on Monday after lengthy deliberations. The 40-year operating licence of Unit 1 of the plant outside Cape Town was due to expire this month, but in 2021 state-owned power utility …
