The US would be required to acquire tons of domestic nuclear-reactor fuel under a provision included in a defense authorization bill passed by Congress. The bill, approved earlier this week by the Senate, cleared the House with a vote of 310-118 Thursday and now needs President Joe Biden’s signature. The nuclear-fuel provision is part of …
This document confirms and endorses the key principles of the framework agreement signed on 21 July 2023, namely: the commitment by both parties to implement Flexible Long-Term Operation (Flex LTO), with an estimated investment of between €1.6bn and €2bn, and to use their best efforts to restart the nuclear units at Doel 4 and Tihange …
The Korea Atomic Energy Research Institute (Kaeri) and Hyundai Engineering have signed a memorandum of agreement aimed at winning export markets for its small modular reactor (SMR) technology. The agreement was formalised on Monday by Hong Hyun-seong, the chief executive of Hyundai, and Joo Han-gyu, the president of Kaeri. “Together with Hyundai Engineering, we anticipate …
South Africa plans to get 2,500 megawatts of new generation capacity from nuclear sources in a bid to tackle blackouts that have crippled the nation. The first of the new units will likely be operational in 2032 or 2033, Department of Energy Deputy Director-General for Nuclear Zizamele Mbambo told reporters Tuesday in the capital, Pretoria. …
The company responsible for implementing the UAE’s civil nuclear power programme has signed separate agreements with several small modular reactor (SMR) developers on the sidelines of the COP28 climate conference in Dubai. The Emirates Nuclear Energy Corporation (ENEC) has signed memorandums of understanding (MoU) with UK-based advanced nuclear technology developer MoltexFLEX and US-based SMR developers …
Poland’s Ministry of Climate and Environment has issued decisions-in-principle for the construction of power plants based on GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR) at six locations. A total of 24 BWRX-300 reactors are planned at the sites. In mid-April, Orlen Synthos Green Energy (OSGE) announced it had shortlisted seven locations in Poland …
Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of Representatives. The Prohibiting Russian Uranium Imports Act, by Washington Representative Cathy McMorris Rodgers, has been scheduled for consideration next week under an expedited procedure that requires two-thirds majority to pass, …
China has started commercial operations at a new generation nuclear reactor that is the first of its kind in the world, state media said on Wednesday. Compared with previous reactors, the fourth generation Shidaowan plant in China’s northern Shandong province is designed to use fuel more efficiently and improve its economics, safety and environmental footprint …
Japan’s top utility surged as regulators indicated they will take a step that may lead to the restart of its nuclear power plant — the world’s largest. The Nuclear Regulation Authority will make a final decision to remove a ban on restarting Tokyo Electric Power Co.’s Kashiwazaki Kariwa nuclear power plant after conducting an on-site …
Weekly uranium prices would still need to rise around 68% to reach a record high Uranium prices have climbed to their highest level in more than 15 years, prompting investors to take notice, as analysts point out the obvious signs that the big rally in the sector was years in the making. Weekly spot uranium …
