“It is in Hungary’s strategic interest to cooperate as closely as possible with Canada, as it is the world’s second largest country in terms of area, with vast untapped natural resources and energy potential,” according to a statement issued by Levente Magyar, Parliamentary State Secretary for Foreign Affairs and Trade in Toronto. Following the talks, …
Slovakia is close to a deal with Washington that would see U.S. company Westinghouse build a new nuclear reactor in the central European country, Prime Minister Robert Fico said on Tuesday. Slovakia, which currently has five nuclear reactors at two plants, plans to expand its nuclear power capacity in the coming decades to meet …
An energy expert has expressed his confidence that Indonesia is ready to begin constructing nuclear power plants (PLTN) and have operational units by early 2030s, citing the legal and institutional infrastructure is in place and the country has sufficient technical expertise to manage nuclear energy safely and effectively. “Indonesia is ready, eligible, and safe to …
The U.S. in recent days suspended licenses for nuclear equipment suppliers to sell to China’s power plants, according to four people familiar with the matter, as the two countries engage in a damaging trade war. The suspensions were sent to companies by the U.S. Department of Commerce, the people said, and affect export licenses for …
Amazon said Monday that it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice president of global data centers at Amazon’s cloud computing subsidiary, Amazon Web …
Meta’s Nuclear Deal Underscores the Looming Gap for AI’s Power Needs Meta Platforms Inc.’s flashy deal this week for nuclear power was just the latest sign of the technology industry’s need for more energy — and fast. And while the top US reactor companies are eager to sign more contracts, the big question remains: Will …
Korea finalized a major deal to export nuclear reactors to the Czech Republic, a breakthrough that marks the country’s first entry into the European nuclear power market and underscores global recognition of Korea’s nuclear technology. Korea Hydro & Nuclear Power (KHNP) announced Thursday that it had signed a contract with EDU II, a subsidiary of …
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 …
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 …