Trump to help spark a nuclear energy ‘renaissance,’ investor says

Nuclear energy is set for a “renaissance” under U.S. President Donald Trump, according to Tema ETFs’ Yuri Khodjamirian. The chief investment officer noted that the Trump administration is “very, very interested” in backing new nuclear energy technology. “There’s a lot of excitement there, and equally, a lot of loss-making companies that have unproven technologies, and …

Tata Power keen on building small nuclear reactors as India opens up sector, CEO says

TATA-POWER-RESULTS:Tata Power keen on building small nuclear reactors as India opens up sector, CEO says India’s Tata Power is interested in setting up small modular nuclear reactors, CEO Praveer Sinha said on Tuesday, days after the country said it will open up the much-guarded sector to private investments. In the federal budget on Saturday, Finance …

Southeast Asia looks to nuclear power to supercharge its energy transition

 Southeast Asia’s only nuclear power plant, completed four decades ago in Bataan, about 40 miles from the Philippine capital Manila, was built in the 1970s but left idle due to safety concerns and corruption. It has never produced a single watt of energy. Now the Philippines and other countries in fast-growing Southeast Asia are looking …

Energy expert advocates Small Modular Nuclear Reactors for Thailand

Thammasat lecturer says SMRs critical for country to achieve net zero emissions Development of Small Modular Nuclear Reactors (SMRs) is essential to achieve the country’s goal of net-zero greenhouse gas emissions by 2065, says Praipol Khumsap, an economics lecturer at Thammasat University and an independent energy scholar.   He spoke recently to Krungthep Turakij about the …

India Set to Ease Nuclear Laws to Draw Private Capital

The Kudankulam Nuclear Power Plant (KNPP) in Kudankulam, India, on Wednesday, March 20, 2024. India, the world’s most-populous nation, has signaled that it will reduce its dependence on the fossil fuel, but growing energy needs complicate the equation. Photographer: Prashanth Vishwanathan/Bloomberg Photo by Prashanth Vishwanathan /Bloomberg India’s government will amend its nuclear laws to draw private capital …

Indonesia plans new nuclear power plants with 4.3 GW capacity in bid for cleaner energy

Fossil fuel-dependent Indonesia plans to build nuclear power plants with the capacity of about 4 gigawatts (GW) in a bid for cleaner energy, an adviser to President Prabowo Subianto said on Friday. Indonesia’s current installed power capacity is more than 90 GW, with more than half of that powered by coal and less than 15% by …

EDF, Westinghouse in race to build new unit at Slovenian NPP

The Krsko nuclear power plant (NEK). Source: NEK Slovenia’s state-run group Gen-Energija said on Thursday that France’s EDF and U.S.-based Westinghouse are in a race to build a second unit at the Krsko nuclear power plant (NPP), after a third potential candidate, Korea Hydro Nuclear Power (KHNP), decided not to take part in the contest. …

Electricity shortage drives Kazakhstan toward construction of two nuclear power plants at a time

Kazakhstan may commence the simultaneous construction of two nuclear power plants (NPPs), Kazakhstan’s Minister of Energy Almassadam Satkaliyev said in response to President Kassym-Jomart Tokayev’s comments on the need to create a nuclear cluster in the country. «Given that the electricity shortage in Kazakhstan is worsening, the country should accelerate the construction of generating capacity and the development of …