The selection of 16 sites located on Department of Energy (DOE) lands for the rapid construction of data centers and energy generation underlines the rising importance of AI demand for the U.S. energy sector. The sites offer “in-place energy infrastructure with the ability to fast-track permitting for new energy generation such as nuclear,” the DOE said in …
Last year, nuclear energy displaced coal in the domestic institutional sector, becoming the largest power source for the first time in history. The share of renewable energy generation also surpassed 10% for the first time, indicating that energy transition is becoming visible. According to the ‘2024 Energy Supply and Demand Trends’ released by the Ministry …
The potential actions could include overhauling the Nuclear Regulatory Commission and leaning on the U.S. military to deploy new reactors. The Trump administration is considering several executive orders aimed at speeding up the construction of nuclear power plants to help meet rising electricity demand, according to drafts reviewed by The New York Times. The draft …
Brazilian President Luiz Inacio Lula da Silva expressed interest on Friday in collaborating with Russia to construct small-sized nuclear power plants. The potential cooperation signifies a shared interest in advancing nuclear energy capabilities between the two nations. The specifics of this potential collaboration, such as the number of plants or the timeline for construction, were …
The Chinese group China Huaneng has announced the start of construction of the 1.2 GW second unit of the Shidaowan nuclear power plant (Phase 1), located in China’s Shandong Province, as first concrete was poured for the new Hualong One reactor. China Huaneng plans to construct four Hualong One reactors, in two phases, at Shidaowan with …
Construction will create 18,000 Canadian jobs, add up to $500 million annually to Ontario’s economy and help secure clean, reliable energy With electricity demand in Ontario set to soar by at least 75 per cent by 2050, the Ontario government has approved Ontario Power Generation’s (OPG) plan to begin construction on the first of four …
The Czech government has announced plans to acquire an 80% stake in Elektrarna Dukovany (EDU) II, a subsidiary of the state-owned energy company CEZ, which is building two new nuclear units at the $18bn Dukovany power plant project. The 80% stake in EDU II is valued at Kč3.6bn ($164m). CEZ will continue holding a 20% …
While the opposition insists on keeping the power plants open beyond the scheduled timeline, the government closes ranks around renewables The unprecedented blackout that struck mainland Spain and Portugal earlier this week has reignited the cultural and political battle over the future of nuclear energy. Spain’s current energy roadmap — endorsed by the European Commission — outlines …
In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …
The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …
