It’s been more than a decade since the US last broke ground on a large-scale nuclear power plant that came online. Xcel Chief Executive Officer Bob Frenzel is raising the idea that it’s time to start again. Many in the utility industry are trying to puzzle out how to meet the expected boom in power demand that’s forecast from …
States agree to coordinate on development of critical energy infrastructure, as well as navigating regulatory and environmental challenges Utah state leaders are taking the next steps in their efforts to make Utah a major nuclear energy development hub and a “national leader” in developing next-generation energy technology, reaching beyond state lines to do it. It …
While the opposition insists on keeping the power plants open beyond the scheduled timeline, the government closes ranks around renewables The unprecedented blackout that struck mainland Spain and Portugal earlier this week has reignited the cultural and political battle over the future of nuclear energy. Spain’s current energy roadmap — endorsed by the European Commission — outlines …
France plans to publish a long-awaited decree that should pave the way for new nuclear power plants and set fresh renewables targets by the end of the summer. The energy road map has been pushed back for more than a year amid political bickering between proponents of nuclear and renewables. That’s cast doubt on the …
In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …
The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …
For 40 years, there has been a ban on nuclear power in Denmark. This may change after all right-wing parties in the Danish Parliament have expressed a desire to remove the ban. For many years, there has been no real debate about nuclear power in Denmark. Despite the surge after the oil crisis in the …
India must accelerate execution of nuclear projects, create awareness on their safety and build a strong list of vendors, according to an advisory committee meeting of the country’s power ministry held on Monday. WHY IT’S IMPORTANT In early February, India announced plans to amend its nuclear liability law to boost foreign and private investments, aiming …
China’s State Council approved 10 new reactors on Sunday in a vote of confidence for nuclear power to remain central to the nation’s clean energy transition. It’s the fourth year in a row that China has approved at least 10 new reactors. The nation has 30 under construction, nearly half the global total, and is …
The Government of India is reportedly exploring the possibility of permitting foreign companies to hold up to 49% ownership in the nation’s nuclear power facilities. This potential shift in policy is part of the country’s strategy to enhance its nuclear energy output and reduce reliance on coal. The move aims to attract increased foreign capital …
