Last Energy Signs Deals Worth $19 Billion for Nuclear Plants

Last still needs regulator approval in UK, Poland for reactors Company is building its first 20-megawatt reactor in Texas Last Energy Inc., a startup developing advanced, smaller nuclear power plants, completed four deals worth $18.9 billion to build 34 reactors in Europe. The Washington-based company expects to install the first of its 20-megawatt systems as soon as …

Belgian-Dutch partnership for nuclear new build

From left to right: Joost van den Broek, Director Consultancy & Services and Bertholt Leeftink, CEO, NRG-Pallas, Anick van Calste, Philippe Van Toeye, CEO, and Denis Dumont, Chief Global Nuclear Officer, Tractebel (Image: Tractebel) Belgian engineering firm Tractebel has signed a memorandum of understanding (MoU) with the Netherlands’ NRG-Pallas to collaborate in providing engineering services …

France mulls nuclear revamp as Ukraine war prompts an energy mix rethink

French lawmakers start examining a new bill on Monday aimed at speeding up the construction of new nuclear reactors, which President Emmanuel Macron says are crucial to bolstering France’s energy independence. Critics of the bill, however, say it ignores pressing concerns over the safety of the country’s ageing reactors as well as the industry’s dependence on uranium imported from Russia. …

CNNC announces largest ever annual investment plan on nuclear power, new energy

China National Nuclear Power Co (CNNC) recently unveiled its 2023 investment blueprint, worth of 80.02 billion yuan ($11.58 billion), which is a near 60 percent of year-on-year increase, also marking the highest annual investment since it was listed on the stock market. According to the announcement, the annual investment plan was devised based on the …

Future of nuclear power growth lies outside Europe and N. America

For the past half century a majority of the world’s nuclear power generation capacity has been based in Western Europe and North America, with France and the United States alone accounting for nearly half of the global capacity footprint. Going forward, 85% of prospective capacity additions lie outside those countries, with China, India, Russia and …

Westinghouse Celebrates First Criticality at Vogtle Unit 3 with Southern Nuclear, Georgia Power and Other Partners

Westinghouse AP1000® Reactor Marks New Era for Nuclear Energy in the United States Westinghouse Electric Company today celebrates an important milestone for Southern Nuclear, Georgia Power, and other project partners as Plant Vogtle 3 achieved the initial criticality of self-sustaining nuclear fission. Plant Vogtle, located near Waynesboro, GA, is the site of the first two …

It is ‘necessary’ and ‘feasible’ to build nuclear power plants in inland areas: national political advisors

Fifteen national political advisors submitted a joint proposal to the ongoing two sessions, highlighting the necessity and feasibility of building nuclear power plants in inland areas, strengthening the development of nuclear power, expanding the spatial distribution of nuclear power and promoting the comprehensive use of nuclear energy for heating. The 20th National Congress of the Communist Party …

How TVA plans to make East Tennessee a leader in the next generation of nuclear energy

Clinch River site could house the first small modular nuclear reactor on TVA’s grid. Just weeks after Gov. Bill Lee proposed investing $50 million to recruit companies to make Tennessee a leader in nuclear energy, the Tennessee Valley Authority gave the public its first look at the Clinch River Nuclear Site that could house the …