Studsvik considers SMR deployment at Nyköping site

Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding with small modular reactor (SMR) project development company Kärnfull Next, which is investigating the possibility of constructing and operating SMRs on the Studsvik industrial site near Nyköping on Sweden’s east coast. Kärnfull Next said the feasibility study began in May, and preliminary results …

Poland starts approval process to import S.Korean reactors

KHNP is likely to pay technical advisory fees to Westinghouse to settle dispute over reactor exports to Poland Poland started an approval process to build a nuclear power plant consisting of South Korean reactors, foreign media reported, despite the ongoing dispute over the Asian country’s export of atomic furnaces between US Westinghouse Electric Corp. and …

U.S. urges regulators to review Vistra’s $6.8 billion Energy Harbor deal

The U.S. Justice Department is urging regulators to take a closer look at Vistra Corp.’s planned $6.8 billion acquisition of a rival power producer because it may be anticompetitive. The warning applies to Vistra’s proposed takeover of Energy Harbor Corp. announced in March, a deal that would more than double its nuclear capacity, increase its natural gas …

Rosatom begins main phase work at Hungary’s Paks II nuclear plant

The start of construction follows amendments to the construction contract agreed in August 2023. Atomstroyexport, a subsidiary of Russian state nuclear energy company Rosatom, has commenced main-stage construction of two new water-water energetic reactor (VVER)-1200 power units at the Paks II nuclear power plant (NPP) in Hungary, with a total power-generating capacity of 2.4GW. Rosatom’s …

Approval sought for second large Polish nuclear power plant

PGE PAK Energia Jądrowa has submitted an application to Poland’s Ministry of Climate for a decision-in-principle on the construction of the nuclear power plant consisting of at least two Korean-supplied APR1400 reactors in the Patnów-Konin region of Wielkopolska province in central Poland. PGE PAK Energia Jądrowa SA is a 50/50 joint special purpose vehicle formed …

China’s nuclear plant investment to hit $31.80B

CHINA’S investment in new nuclear power plants is expected to hit 231 billion yuan ($31.80 billion) by 2025, Citic Securities said on Monday. The investment scale is coordinated with China’s development plan for the nuclear power sector, Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, told the Global Times …