Fossil fuel-dependent Indonesia plans to build nuclear power plants with the capacity of about 4 gigawatts (GW) in a bid for cleaner energy, an adviser to President Prabowo Subianto said on Friday. Indonesia’s current installed power capacity is more than 90 GW, with more than half of that powered by coal and less than 15% by …
The Krsko nuclear power plant (NEK). Source: NEK Slovenia’s state-run group Gen-Energija said on Thursday that France’s EDF and U.S.-based Westinghouse are in a race to build a second unit at the Krsko nuclear power plant (NPP), after a third potential candidate, Korea Hydro Nuclear Power (KHNP), decided not to take part in the contest. …
Not according to the U.S. Geological Survey (USGS), which dropped it from its critical minerals list in 2022 on the grounds it didn’t qualify because it was a “fuel mineral”, opens new tab. U.S. President Donald Trump wants it to think again. One of Trump’s many “Unleashing American Energy”, opens new tab directives requires the Secretary of the …
In 2023, U.S. nuclear generators used 32 million pounds of imported uranium concentrate (U3O8) and only 0.05 million pounds of domestically produced U3O8. Imports accounted for 99% of the U3O8 they used in 2023 to make nuclear fuel. Foreign producers predominantly supply the U.S. front-end nuclear fuel cycle, but federal policies have been implemented recently to build out the …
Kazakhstan may commence the simultaneous construction of two nuclear power plants (NPPs), Kazakhstan’s Minister of Energy Almassadam Satkaliyev said in response to President Kassym-Jomart Tokayev’s comments on the need to create a nuclear cluster in the country. «Given that the electricity shortage in Kazakhstan is worsening, the country should accelerate the construction of generating capacity and the development of …
The UAE is looking to export its nuclear energy prowess around the world, with a focus on the US — where an artificial intelligence boom is driving growth in power demand. “We want to capitalize on our success,” the CEO of Emirates Nuclear Energy Co. told the Financial Times, noting how the US holds particular appeal given …
EDF has signalled that Britain’s fleet of ageing nuclear power plants can keep running into the next decade amid a scramble to hit Ed Miliband’s clean power targets. The company on Monday said it aimed to “maximise output” from the remaining gas-cooled nuclear reactors to “2030+”, providing this can be agreed with regulators. It is the …
Constellation Energy, Vistra Corp., Talen Energy and GE Vernova tumbled in early trading as China’s DeepSeek AI lab debuted, scaring investors with a lower-cost business model. Constellation, Vistra and GE Vernova were leading the S&P 500 this year as investors speculated on AI’s power needs. Now, the arrival of DeepSeek is raising questions about how …
Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a potentially longer and more expensive process of hooking into a fraying electric grid that serves everyone else. It’s raising questions over whether diverting power to higher-paying customers …
Thirty-year extension would create thousands of jobs and low-cost emissions-free power The Ontario government has approved Ontario Power Generation’s (OPG) plan to proceed with the Project Definition Phase, the next step toward refurbishing Pickering Nuclear Generating Station’s “B” units to secure more power and create thousands of jobs across the province. As part of the …
