Meg Dowling, Senior Engineer – Nuclear Technology and Alternative Fuels, LR A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and …
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back. Bernard Fontana said the company was considering selling “between 50% and 100%” of its U.S. renewable unit, revising an earlier …
The United States on Friday issued a Russia-related general license allowing certain transactions with the Paks II civil nuclear power plant project in Hungary, according to the Treasury Department website. The license will allow transactions linked to the nuclear power plant project involving some Russian banks, including Gazprombank, VTB Bank, and the Russian central bank, …
Efforts to revive a scandal-scarred South Carolina nuclear power project got a major boost from the Trump administration as federal officials announced an $80 billion deal to jump-start new nuclear construction in the U.S. Under the agreement, which was announced Oct. 28, Westinghouse and its corporate owners, Brookfield Asset Management and Cameco, will receive federal …
On Wednesday, November 19 2025, Egypt has signed a nuclear fuel purchase order and a broad cooperation agreement with Russia’s State-owned Rosatom for the country’s first nuclear power facility at El-Dabaa, the Egyptian Cabinet announced. The fuel order covers the first reactor core, signalling readiness for further project development, while the cooperation agreement includes joint …
A global pledge to triple nuclear power capacity by 2050 has drawn support from two more nations, meaning 33 countries now back efforts to expand the world’s fleet of atomic plants. Senegal and Rwanda signed up to the goal Friday during the COP30 talks in Belém, Brazil, as the World Nuclear Association said its latest assessment indicates the target …
A Trump administration pilot program aims for three nuclear startups to reach a key milestone by July 4, 2026. Valar Atomics says it’s the first to do so—but it had some help. Startup Valar Atomics said on Monday that it achieved criticality—an essential nuclear milestone—with the help of one of the country’s top nuclear laboratories. The …
State-owned electricity producer NTPC plans to set up nuclear power projects with 700 MW, 1,000 MW and 1,600 MW capacity across various locations in the country, a senior company official said. NTPC is targeting a 30 per cent share (30 GW) of India’s proposed 100 GW nuclear capacity by 2047. Industry estimates indicate that a …
The Belarusian nuclear power plant, which already has two power units, will have another one. Deputy Prime Minister Viktar Karankevich announced this following a meeting with Alyaksandr Lukashenka on the development of nuclear energy, BelTA reports. “Following the results of the meeting, a decision was made to develop the Astravets nuclear power plant, implement the …
Nuclear energy is undergoing a new wave of popularity as a carbon-neutral energy source in this era of energy-intensive data centers and artificial intelligence, according to former Nuclear Regulatory Commission chair Chris Hanson. “Public support for nuclear hasn’t been this high in decades, or maybe forever,” he said. “There’s a big interest in nuclear in …
