Westinghouse Electric Company today announced it signed an extension to the current Front-End Engineering and Design (FEED) contract with Bulgaria’s Kozloduy NPP-Newbuild for two AP1000® reactors. This extension builds on the progress being made on the Kozloduy expansion project, as well as the support Westinghouse is providing for nuclear fuel diversification and operations at Kozloduy. …
To enable worldwide adoption, CORE POWER aims to build advanced reactors, designed for commercial insurance approval. Shipping nuclear propulsion startup CORE POWER will shortly reach its funding milestone of $500 million, which will allow it to finish the technology design and move on to the next steps. The startup, based in the United Kingdom, is planning to …
Vietnam will amend its national power development plan, known as PDP8, to include options for nuclear energy and hydrogen, the Minister of Industry and Trade said on Monday. The PDP8 will be amended in a way to also add more renewables to the mix, including solar and wind, Nguyen Hong Dien told the National Assembly …
The fourth nuclear power unit on the second phase of the Zhangzhou nuclear power project in Zhangzhou, Southeast China’s Fujian province, recently started the pouring of its first batch of concrete, marking the full-scale construction of the nuclear power plant installed with Hualong One technology. According to China National Nuclear Corporation (CNNC), Hualong One is …
To accelerate the clean energy transition across the U.S., we’re signing the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMR) to be developed by Kairos Power. Since pioneering the first corporate purchase agreements for renewable electricity over a decade ago, Google has played a pivotal role in accelerating clean …
Kenya has allocated a coastal area to build its first nuclear plant, worth 3.9 billion dollars, in a bid to diversify its energy mix. The project is expected to generate 1000 MW, as part of a long-term strategy to reduce reliance on hydro-power and fossil fuel energy. Switch on is expected in 2034, despite rising …
Keravan Energia, a Finnish energy utility, has signed an agreement with technology company Steady Energy Oy to develop nuclear-powered district heating. This marks Kerava as the third Finnish city to consider small modular reactor (SMR) technology for heating purposes, following earlier initiatives in Kuopio and Helsinki. Should the project proceed to investment, construction of the …
Electricite de France SA is holding talks with investors over funding for the Hinkley Point C nuclear power plant under construction in the UK, as the French utility grapples with the ballooning cost of the project. EDF is seeking to raise as much as £4 billion ($5.2 billion) through a bespoke financial instrument which would …
Italy is considering U.S. energy group Westinghouse or France’s EDF as potential international partners for a state-backed company that will build advanced nuclear reactors in the country, two sources familiar with the matter said on Thursday. Nuclear-fired power plants are prohibited in Italy following referendums in 1987 and 2011. But the government plans to draft …
Emulating the demand-aggregation approach Boeing used for the 787 Dreamliner could create a “committed orderbook” of 5-10 new reactors of the same design and cut near-term deployment costs, DOE says. Faster-than-expected load growth and Inflation Reduction Act incentives have spurred “a step change in the valuation of the existing [nuclear] fleet and new reactors,” the …
