Last Energy Signs Deals Worth $19 Billion for Nuclear Plants

Last still needs regulator approval in UK, Poland for reactors Company is building its first 20-megawatt reactor in Texas Last Energy Inc., a startup developing advanced, smaller nuclear power plants, completed four deals worth $18.9 billion to build 34 reactors in Europe. The Washington-based company expects to install the first of its 20-megawatt systems as soon as …

Belgian-Dutch partnership for nuclear new build

From left to right: Joost van den Broek, Director Consultancy & Services and Bertholt Leeftink, CEO, NRG-Pallas, Anick van Calste, Philippe Van Toeye, CEO, and Denis Dumont, Chief Global Nuclear Officer, Tractebel (Image: Tractebel) Belgian engineering firm Tractebel has signed a memorandum of understanding (MoU) with the Netherlands’ NRG-Pallas to collaborate in providing engineering services …

Manchin, Risch Reintroduce Bipartisan International Nuclear Energy Act of 2023

Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources (ENR) Committee, and Jim Risch (R-ID), Ranking Member of the Senate Foreign Relations Committee, reintroduced the International Nuclear Energy Act of 2023 (INEA). Initially introduced in the 117thCongress, the bipartisan legislation promotes engagement with ally and partner nations to develop a civil nuclear …

Japan regulator bypasses experts in declaring faults under nuclear plant not active

Japan’s Nuclear Regulation Authority (NRA) has approved an electric power company’s claim that faults running just below a nuclear plant are “not active,” without seeking further opinion from a group of experts that indicated the possibility of the faults being active in 2016. After its decision to uphold the Hokuriku Electric Power Co.’s claim that …

France mulls nuclear revamp as Ukraine war prompts an energy mix rethink

French lawmakers start examining a new bill on Monday aimed at speeding up the construction of new nuclear reactors, which President Emmanuel Macron says are crucial to bolstering France’s energy independence. Critics of the bill, however, say it ignores pressing concerns over the safety of the country’s ageing reactors as well as the industry’s dependence on uranium imported from Russia. …

CNNC announces largest ever annual investment plan on nuclear power, new energy

China National Nuclear Power Co (CNNC) recently unveiled its 2023 investment blueprint, worth of 80.02 billion yuan ($11.58 billion), which is a near 60 percent of year-on-year increase, also marking the highest annual investment since it was listed on the stock market. According to the announcement, the annual investment plan was devised based on the …

Senate & House Committee Leaders Introduce Bipartisan Bill to Ban Russian Uranium Imports

Today, U.S. Senators John Barrasso (R-WY), Joe Manchin (D-WV), Jim Risch (R-ID), Martin Heinrich (D-NM), Cynthia Lummis (R-WY), Chris Coons (D-DE), and Roger Marshall (R-KS) introduced bipartisan legislation to ban imports of Russian uranium. The bill is the Senate companion to H.R. 1042, which was introduced last month by U.S. Representatives Cathy McMorris Rodgers (R-WA), chair …

Future of nuclear power growth lies outside Europe and N. America

For the past half century a majority of the world’s nuclear power generation capacity has been based in Western Europe and North America, with France and the United States alone accounting for nearly half of the global capacity footprint. Going forward, 85% of prospective capacity additions lie outside those countries, with China, India, Russia and …