Small Modular Reactor project at Clarington’s Darlington Nuclear on time and on budget

Darlington Nuclear is making a habit of getting work done as promised after announcing this week that early work on the small modular reactor megaproject at the Clarington nuclear plant is on time and on budget. Darlington is also undergoing a complete refurbishment of its four reactors, with Unit 3 returning to service last August …

Turkey continues negotiations over new nuclear power plants

Following the construction of the Akkuyu nuclear power plant, Turkey is planning to build two more plants at Sinop and Thrace. lparslan Bayraktar, Turkey’s energy minister, has said that the first nuclear unit at the Akkuyu nuclear power plant should be launched by the end of the year, while negotiations with Russia, China and South …

Barakah Plant $2.42 Bn refinancing recognized as Green Loan Facility, reinforcing its integral role in rapid decarbonization of UAE power grid

Barakah Plant project refinancing loan with two leading UAE banks, Abu Dhabi Commercial Bank PJSC (ADCB) and First Abu Dhabi Bank PJSC (FAB), is the first in MENA Region and Asia to be recognized as a green loan facility. – Positions Barakah Plant and the wider nuclear sector at the forefront of clean financing instruments …

Nuclear power policy to be major focus in parliament after Ishikawa quake

As Japan marks 13 years since the devastating earthquake, tsunami and nuclear disaster in March 2011, the government of Prime Minister Fumio Kishida is moving toward restarting idled nuclear power reactors. But a powerful Jan. 1 earthquake that struck the Noto Peninsula in Ishikawa Prefecture reminded the country of how seismic activity can lead to …

UAE: More nuclear reactors to be served in future as authority ‘proactively develops’ strategies

During COP28, UAE was among 22 countries committing to tripling global nuclear capacity by 2050 as part of the transition to Net Zero The Federal Authority for Nuclear Regulation (FANR), the regulatory body for the nuclear sector in the UAE, is “proactively developing” future strategies to serve more nuclear reactors, a top official said in …

Texas regulators explore how to attract advanced nuclear projects, structure SMR incentives

States could use 24/7 carbon-free energy credits, potentially stacking them with federal incentives from the Inflation Reduction Act , according to Nuclear Energy Institute officials. A working group run by the Public Utility Commission of Texas is exploring how to attract advanced nuclear reactors to the state, potentially by offering clean energy credits or other …