Emulating the demand-aggregation approach Boeing used for the 787 Dreamliner could create a “committed orderbook” of 5-10 new reactors of the same design and cut near-term deployment costs, DOE says. Faster-than-expected load growth and Inflation Reduction Act incentives have spurred “a step change in the valuation of the existing [nuclear] fleet and new reactors,” the …
The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of the Italian steelmakers’ association Federacciai, said at a recent hearing in the Chamber of Deputies. This is reported by ANSA. Federation members are following with interest the development of …
Nuclear produces no carbon emissions, but comes with tradeoffs As Alberta grapples with the climate crisis and the need to reduce carbon emissions, it may look to replace the role of fossil fuels in its electricity grid with another controversial energy source — nuclear. Calgary-based company Energy Alberta, which was involved in a previous attempt to bring …
Voters in Kazakhstan, the world’s largest uranium miner, backed the construction of a nuclear power plant in a referendum on Sunday. Kazakhstan’s central election commission said on Monday that 71% of voters cast their ballots in favor of the government plan to build a new reactor. Turnout was about 64%, well above the threshold necessary …
n a first, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW capacity small nuclear plants for private players who will provide both funding and land for the project, a senior government official has said. A development on this front is likely by this year-end or early 2025, the official told PTI. “The …
Texas’ top electricity regulator has a message for Big Tech: If you want to build AI data centers next to power plants, you may have to build the power plant, too. Data centers designed to support artificial intelligence can guzzle as much electricity as entire cities, leading some developers to propose building them next to …
Government has decided to open nuclear sector to private players but their willingness to make capital investments would depend on economic attractiveness of sector Private players are looking to play an important role in the nuclear power sector and are waiting for finer details of public public-private participation (PPP) arrangement that is under discussion in …
Japan’s new economy minister said the country will need to maximize the use of existing nuclear power plants as artificial intelligence and data centers are expected to boost electricity demand. It’s “natural” for Japan to pursue both atomic and renewable energy in order to meet the growing needs without increasing carbon emissions, said Yoji Muto, …
Progress toward the historic restart of the Palisades Nuclear Power Plant made a monumental step forward today with the announced close of a $1.52 billion loan from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The announcement took place on site in Covert Township, Michigan, before a large gathering of Holtec associates, skilled …
Data centers are expected to consume more and more electricity thanks to growth in artificial intelligence and cryptocurrency mining — and nuclear energy and uranium appear a good way for investors to gain exposure to this rise in power demand. Clearly, data centers and AI need “consistent, baseload power,” while many information-technology (IT) companies in …
