The US Department of Energy has approved a cost-share award of more than USD1 billion for the construction of the first NuScale small modular reactor power plant in the USA. Meanwhile, the US International Development Finance Corporation has signed a Letter of Intent to support NuScale in the development of nuclear generating capacity in South …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …
Most respondents to UxC’s annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said. UxC’s biannual survey asks utilities and …
The U.K. government is considering taking an equity stake in new nuclear stations as part of the financing measures being put forward to try to get at least one more project built. The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, …
Nuclear power must have a seat at the table in global discussions over energy policies to curb emissions and meet climate goals, as technical and scientific advances open the door to better economics and greater public acceptance of this low carbon source of energy. These are some of the conclusions of this year’s IAEA Scientific …
Brussels’ wish for a relatively rapid decommissioning of the coal-fired power plants of European Union Member States has the potential to create huge imbalances in Bulgaria’s electricity system, writes Borislav Boev, a PhD student at D A Tsenov Academy of Economics. “Over the last few years. the EU has made significant efforts to develop energy …
The US-developed AP1000 technology was once the basis of China’s third-generation nuclear power But China’s Hualong One is now the preferred option China has switched from American nuclear power technology to a domestically developed alternative as worries over energy security and geopolitical uncertainties increase. The AP1000 technology, designed by America’s Westinghouse Electric Company, was once …
Integrated Resource Plans (IRPs) filed on 1 September by Duke Energy Carolinas and Duke Energy Progress demonstrate the valuable role nuclear and natural gas can play as part of a balanced portfolio, the two companies said. The plans outline a range of options to achieve varying levels of carbon reduction, including for the first time …
A working group that has examined the need to reform the nuclear energy legislation considers it necessary to launch a comprehensive legislative reform because of the ambiguity of the current legislation, changes in the operating environment of nuclear facilities and the expected developments. The working group submitted its final report to Minister of Economic Affairs …
Probably more than the last five administrations, including the present one. That’s because nuclear energy can’t shine on the climate and low-carbon front until we actually have a climate plan we follow, something that has been lacking. As the Democratic Convention begins today, it is good to remember that all the leading climate scientists say we cannot …
