Gov’t earmarks $321 million to foster small nuclear reactor biz

The government will spend 399.2 billion won ($321 million) over the next six years to foster small modular reactor (SMR) businesses. The plan to develop the country’s new growth driver has gained serious traction after passing the government’s feasibility test which is required for large, long-term state-run projects, the science and industry ministries said Wednesday.SMRs …

Xcel Energy aims to produce carbon-free hydrogen by 2024 with new pilot

Xcel Energy has begun work at the Prairie Island Nuclear Plant on a project that could expand business and aid the company’s 2050 carbon neutrality goal. Xcel says the pilot, for which the U.S. Department of Energy allocated $12 million, will create the potential for Prairie Island to use excess carbon-free nuclear energy to make …

Energoatom borrows USD51 million to buy extra Westinghouse fuel

Ukraine’s Energoatom has taken a UAH1.5 billion (USD51 million) loan from Ukrgasbank to buy more nuclear fuel from Westinghouse. It follows the energy giant’s decision to stop using Russian fuel earlier this year. In a statement Energoatom said “the borrowed funds will increase the purchase of American fuel and ensure the efficient operation of Ukrainian …

Inner dome completed at Zhangzhou unit 1

The concreting has been completed of the inner containment dome of unit 1 at the Zhangzhou nuclear power plant in China’s Fujian province, China National Nuclear Corporation (CNNC) affiliate China Nuclear Industry 24 Construction Company (CNI24) has announced. Zhangzhou unit 1, the first of two Hualong One units at the site, is scheduled to enter …

China’s first project to provide industrial steam via nuclear power begins construction

Construction of energy station of Tianwan nuclear power plant, in East China’s Jiangsu Province, designed to provide an industrial steam supply, launched on Friday, the first-of-its-kind project in China. It marks an important step in the diversification of China’s nuclear power use, in addition to electricity generation and residential heating. The steam generated by the …

Japan’s Kishida pledges to restart idled nuclear power plants

Japanese prime minister’s remarks come as Ukraine war highlights country’s reliance on Russian oil and gas. Japan will move to restart idled nuclear power plants to make maximum use of nuclear power in order to stabilise energy prices and supply, Prime Minister Fumio Kishida has said. Tokyo will take “concrete steps” to restart plants that …

Philippines May Restart Bataan Nuclear Plant Project

Ferdinand Marcos Jr., son and namesake of longtime Filipino president Ferdinand Marcos Sr., was elected as president of the Philippines on May 9.  Marcos Jr., known as Bongbong, has said nuclear power will be a priority for his administration. Source: Wikipedia The winner of the Philippines’ presidential election earlier this month has made another move …

Shin Hanul Unit 1 Starts Operation

Korea Hydro & Nuclear Power (KHNP) announced on May 22 that unit 1 of the Shin Hanul nuclear power plant, located in Uljin, North Gyeongsang Province, achieved criticality for the first time at 11 a.m. on May 22.  A reactor goes critical when each fission event releases a sufficient number of neutrons to sustain an ongoing series of reactions. …