Japan’s Kansai Electric Power Co. will begin studying plans for a nuclear power reactor, the first step toward constructing a new one since the 2011 Fukushima disaster, Nikkei reported. The regional utility, which currently operates seven reactors in western Japan, will start geological surveys at its Mihama Nuclear Power Plant, Nikkei reported without citing where it got the …
Bulgaria has secured a partnership with U.S. bank Citi (C.N), opens new tab to finance the construction of nuclear power units at Kozloduy NPP, marking the country’s largest energy project in decades, its energy ministry said on Wednesday. Energy Minister Zhecho Stankov held final talks in New York with Citi’s leadership, agreeing on financing for units 7 …
Up to 41 small modular reactors (SMRs) could be installed in the UK by 2050, according to a series of energy scenarios published by the National Energy System Operator (Neso). Neso published its Future Energy Scenarios: Pathways to Net Zero (FES 2050) this week, which includes pathways showing “the scale of work that remains,” needed to achieve …
For the first time in decades, the United States is taking serious steps to rebuild its nuclear energy capacity. Recent executive orders from the Trump administration outline an ambitious agenda, including reviving the domestic nuclear supply chain, modernizing the Nuclear Regulatory Commission (NRC), and expanding America’s role in global nuclear exports. If the administration intends to compete …
As the global search for clean and reliable energy sources intensifies, nuclear power is quietly reclaiming its place in the energy mix. For India, which remains heavily reliant on coal, nuclear energy offers a promising route to achieve its net-zero commitments while ensuring base-load power security. But the path ahead is fraught with institutional, financial, …
Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick Perry, a former U.S. energy secretary, wants to build four AP1000 reactors at a …
A new bipartisan bill speeds up the timeline for building new nuclear reactors in Wisconsin, which state leaders say will be key to powering new data centers. Nuclear power was one of the few zero-emissions electricity sources whose federal tax incentives remained mostly intact last week following President Donald Trump’s signing of a massive budget …
China has been making massive strides. China is aiming to double its nuclear energy capacity, according to Business Standard. A new report from the China Nuclear Energy Association, cited by Business Standard, said the country aims to produce 200 gigawatts of nuclear power by 2040. Currently, the country’s production sits at 55 GW with 57 reactors, …
Palantir Technologies and The Nuclear Company have announced a strategic partnership to launch a first-of-its-kind AI-powered software platform designed to streamline and modernize nuclear power plant construction across the U.S. Built on Palantir’s Foundry platform, the Nuclear Operating System (NOS) is designed to transform nuclear reactor projects, historically plagued by cost overruns and scheduling delays, …
Chairman of the Kazakh Nuclear Energy Agency Almassadam Satkaliyev answered the questions of journalists concerning the nuclear power plant construction, Kazinform News Agency reports. He said the NPP cost will be determined based on a technical and economic feasibility study. Satkaliyev said he cannot reveal the details since the indicative parameters are protected by official …