The inauguration of Lee Jae-myung is fueling renewed concerns that the nuclear energy industry may once again face setbacks in its path to revitalization, given that the newly elected president from the liberal Democratic Party views nuclear energy as a “hazardous and unsustainable source.” Though he didn’t entirely rule out nuclear power energy and voiced openness …
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation’s Clinton Clean Energy Center in Illinois. Without Meta’s backing, the plant was in danger of premature closure. Tech companies, including Amazon, Google and Meta, signed a pledge …
Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are slated to be shut down in 2027 and 2028. Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are …
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 …
