Vietnam Seeks Urgent Talks With Russia to Speed Nuclear Energy

Vietnam is seeking urgent discussions with Russia in an effort to accelerate its nuclear energy program, flagging risks to the country’s goal of having a reactor in operation by the end of the decade. The government has asked authorities to “urgently organize negotiations” with Russia to move forward on signing an investment cooperation agreement for …

New York to Build One of First U.S. Nuclear-Power Plants in Generation

Gov. Hochul directs state’s public electric utility to add at least 1 gigawatt of new nuclear-power production New York intends to build a large nuclear-power facility, the first major new U.S. plant undertaken in more than 15 years and a big test of President Trump’s promise to expedite permitting for such projects. Gov. Kathy Hochul said in an interview …

Ontario nuclear plan could boost uranium mining

Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply as demand is expected to rise …

TerraPower lands $650M from NVIDIA’s investment fund, Bill Gates and others

Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. Next-gen nuclear power company TerraPower today announced $650 million in new funding. The round includes new investor NVentures, the venture capital arm of leading computer chip maker NVIDIA, as well as current investors Bill Gates, who helped found the company, and HD …

China to nearly double nuclear power capacity by 2040 in rapid build-up

The reactor-building spree would make China by far the world’s largest nuclear power generator, while the US strives to revive its own industry China will nearly double its nuclear power capacity by 2040, making it by far the world’s largest nuclear power generator, according to a new report by the China Nuclear Energy Association (CNEA). …

Government Eyes Closer Energy Cooperation with Canada

“It is in Hungary’s strategic interest to cooperate as closely as possible with Canada, as it is the world’s second largest country in terms of area, with vast untapped natural resources and energy potential,” according to a statement issued by Levente Magyar, Parliamentary State Secretary for Foreign Affairs and Trade in Toronto.  Following the talks, …

Slovakia Near Deal With US for Westinghouse to Build Nuclear Reactor, PM Fico Says

  Slovakia is close to a deal with Washington that would see U.S. company Westinghouse build a new nuclear reactor in the central European country, Prime Minister Robert Fico said on Tuesday. Slovakia, which currently has five nuclear reactors at two plants, plans to expand its nuclear power capacity in the coming decades to meet …

Indonesia poised to launch nuclear power plants by 2030s: Expert

An energy expert has expressed his confidence that Indonesia is ready to begin constructing nuclear power plants (PLTN) and have operational units by early 2030s, citing the legal and institutional infrastructure is in place and the country has sufficient technical expertise to manage nuclear energy safely and effectively. “Indonesia is ready, eligible, and safe to …

Commission assesses nuclear investment needs by 2050 in view of decarbonisation and competitiveness goals

Dan Jørgensen, Commissioner for Energy and Housing Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for …

Talen to sell Amazon 1.9 GW from Susquehanna nuclear plant

The “front of the meter” arrangement doesn’t require Federal Energy Regulatory Commission approval, according to Talen Energy. Talen Energy has entered into a 1,920-MW power purchase agreement with Amazon Web Services to supply data centers in Pennsylvania from the independent power producer’s majority-owned Susquehanna nuclear power plant, the company said Wednesday. Under the PPA, Talen’s existing …