The work on this projects is an example of constructive partnership that opens up new prospects for cooperation in the field of peaceful nuclear energy. On August 14 the reactor vessel and steam generator for Unit 4 of Xudapu NPP were shipped from the production site of Atommash (Mechanical Engineering Division of ROSATOM). The nuclear …
The model includes both state-backed loans and CfD contracts Program is designed to support four full-scale reactors Sweden could borrow 300 billion Swedish kronor ($28.5 billion) to help finance a new fleet of nuclear reactors in the coming decades. A government study released Monday in Stockholm highlighted several features of its preferred model in order provide certainty …
CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators. The July enactment of the Advanced Nuclear for Clean Energy, or ADVANCE, Act and the U.S. Department of Energy’s June announcement of up to $900 million in funding for early small …
The world’s second-largest economy is expected to leapfrog France and the US as the top source of atomic power. Within sight of mango and pineapple fields on the Chinese holiday island of Hainan, workers at Linglong One are finishing what will become the world’s first small modular nuclear reactor built for commercial purposes. It’s part of a …
Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040. New York’s electricity demand could increase by 50% to 90% over the next two decades, driven by the electrification of heating and transportation and the development of energy intensive projects and industry, the state’s grid …
The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …
Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo Purchase Licensing Rights The United States is working with Ukraine on a roadmap for its post-war energy …
Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July …
The purpose of the agreement is twofold – to explore and consider in the medium term co-investment opportunities in the construction of Small Modular Reactor (SMR) nuclear power plants, partly to cover the needs of the steel industry, and to consider opportunities for the medium-long term supply of nuclear energy, primarily by means of the …
