Texas regulators explore how to attract advanced nuclear projects, structure SMR incentives

States could use 24/7 carbon-free energy credits, potentially stacking them with federal incentives from the Inflation Reduction Act , according to Nuclear Energy Institute officials. A working group run by the Public Utility Commission of Texas is exploring how to attract advanced nuclear reactors to the state, potentially by offering clean energy credits or other …

Canada provides federal funds for Bruce C pre-development

The federal government is providing CAD50 million of funding to support pre-development work to study the feasibility of building 4800 MWe of new generating capacity at the Bruce site in Ontario. The funding was announced by Minister of Energy and Natural Resources Jonathan Wilkinson at the Canadian Nuclear Association’s CNA 2024 conference, which is taking …

China begins construction on 2nd phase of Zhangzhou nuclear power project

China has begun construction on the second phase of the Zhangzhou nuclear power project using Hualong One reactors, domestically developed third-generation reactors, in the city of Zhangzhou, east China’s Fujian Province. The first four Hualong One units have been completed and put into operation, according to the China National Nuclear Corporation (CNNC). The Zhangzhou nuclear …

India seeks $26 billion of private nuclear power investments

India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less …

Senate bill, joint resolution continue push to make Ky. nuclear-ready

A new bill introduced in the Kentucky Senate this week would create a group to support the development of nuclear energy in the state. Senate Bill 198 would formally establish the Kentucky Nuclear Energy Development Authority, which would be administratively attached to the University of Kentucky’s Center for Applied Energy Research. Senate Joint Resolution 140, also …

Vogtle 4 reaches first criticality

Georgia Power has announced that the new Vogtle unit 4 AP1000 reactor has reached initial criticality, with the unit’s in-service date now projected to be during the second quarter of 2024. Initial criticality signals that the nuclear fission reaction in the reactor is now self-sustaining, meaning the reactor can begin producing heat that will be used …