The model includes both state-backed loans and CfD contracts Program is designed to support four full-scale reactors Sweden could borrow 300 billion Swedish kronor ($28.5 billion) to help finance a new fleet of nuclear reactors in the coming decades. A government study released Monday in Stockholm highlighted several features of its preferred model in order provide certainty …
CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators. The July enactment of the Advanced Nuclear for Clean Energy, or ADVANCE, Act and the U.S. Department of Energy’s June announcement of up to $900 million in funding for early small …
Building on a partnership forged in the successful completion of Unit 6 Major Component Replacement (MCR) and with the Unit 3 steam generator replacement set to begin, Bruce Power has signed a $700-million contract for the replacement of steam generators in the remaining MCR outages in Units 5, 7 and 8. The Steam Generator Replacement …
The world’s second-largest economy is expected to leapfrog France and the US as the top source of atomic power. Within sight of mango and pineapple fields on the Chinese holiday island of Hainan, workers at Linglong One are finishing what will become the world’s first small modular nuclear reactor built for commercial purposes. It’s part of a …
The reactor removal series at Bruce unit 3 has been completed ahead of schedule thanks to experience gained from previous projects – with the removal of the calandria tubes setting a new record for Candu refurbishment. Bruce 3 is the second unit to undergo Major Component Replacement (MCR). The process involves removing and replacing key …
Rosatom Service JSC (part of the Electric Power Division of Rosatom) has installed test samples in the reactor vessel of unit 2 of the Armenian NPP during the latest scheduled maintenance outage. The resulting data will be used to support the possible extension of the unit’s operational life for another 10 years, until 2036. Tracking …
Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040. New York’s electricity demand could increase by 50% to 90% over the next two decades, driven by the electrification of heating and transportation and the development of energy intensive projects and industry, the state’s grid …
The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …
Spain’s Nuclear Safety Council (CSN) has approved the extension of the operating license of the 1,000 MW (1,066 MW gross) Trillo nuclear power plant for a 10-year period. The Trillo nuclear power plant is located in the province of Guadalajara (Spain) and is set to celebrate 40 years of operation in 2028, when it will enter into Long-Term Operation (LTO) status. …