Centrais Elétricas Brasileiras SA, the Brazilian power company known as Eletrobras, has drawn preliminary interest from Chinese state-owned enterprises for its stake in nuclear firm Eletronuclear, according to people with knowledge of the matter. Prospective bidders include China National Nuclear Corp., China General Nuclear Power Group and State Nuclear Power Technology Corp., the people said, asking not to be …
The world’s first commercial modular small nuclear reactor, Linglong-1 (ACP100) – hailed as a “nuclear power bank” – is expected to contribute significantly to China’s dual carbon goals. In May, under the clear blue skies at the Hainan Nuclear Power Co.Ltd(HNPC) in South China’s Hainan Province, Linglong-1 was operating in an orderly manner. As a …
Kentucky is among several states in recent years that have put together initiatives to attract nuclear developments to their part of the country. The latest wave of executive orders from the desk of President Donald Trump seeks to speed up the development of the country’s nuclear energy infrastructure and overhaul the industry’s safety regulator, the Nuclear Regulatory Commission. …
Ontario Power Generation has awarded AtkinsRéalis company Candu Energy Inc a CAD450 million (USD325 million) execution contract for the first of the four planned small modular reactor units at the Darlington New Nuclear Project. AtkinsRéalis is providing Ontario Power Generation (OPG) with expertise for the engineering of the BWRX-300 small modular reactor (SMR). This includes …
New authorization rating elevates Idaho National Laboratory’s priority status with the U.S. supply chain to expedite construction of microreactor test beds Idaho National Laboratory (INL) received priority rating authorization by the federal government to expedite the construction of the world’s first two microreactor test beds. The new rating builds off recent actions by the U.S. Department of …
A view of the new nuclear power plant site in Dukovany. /Courtesy of Korea Hydro & Nuclear Power The Czech government noted that the signing of a contract for a new nuclear power plant project with Korea Hydro & Nuclear Power may be postponed until after the general elections in October. According to the local …
President Donald Trump ordered the Nuclear Regulatory Commission to decide on applications for new nuclear plants within 18 months. Trump’s order could help launch small modular reactors in the U.S. by late 2030, GE Vernova CEO Scott Strazik said. The reactors are viewed as the future by many in the industry. President Donald Trump’s executive orders on …
Shares in companies tied to nuclear power jumped Friday, helped by President Donald Trump’s rollout of four executive orders that aim to provide a boost to the sector, but there were concerns about whether there could be much of a near-term impact. One order seeks to speed up the adoption of specialized nuclear reactors at …
Two new nuclear power units, utilizing domestically designed third-generation Hualong One nuclear technology, began construction on Friday in the southern Chinese port city of Fangchenggang, marking a major expansion of the country’s key nuclear energy base. The new No. 5 and No. 6 units at the Fangchenggang nuclear power station will each have a capacity …
US nuclear power station builder Westinghouse has signed an agreement with Vietnam’s biggest energy firm, Hanoi said on Tuesday as it seeks to head off stiff tariffs threatened by the Trump administration. Hanoi and Washington are engaged in a second round of trade talks after US President Donald Trump threatened a 46 percent levy on Vietnamese goods …