Rwanda signs agreement with NANO Nuclear

US microreactor technology company NANO Nuclear Energy Inc has signed a memorandum of understanding with the Rwanda Atomic Energy Board (RAEB) that could lead to the deployment of small modular reactors and microreactors in the African nation. NANO Nuclear said the MoU establishes a framework under which it will work alongside the RAEB to facilitate …

TerraPower Selects Sargent & Lundy to Design Kemmerer Training Center at Natrium™ Demonstration Site

TerraPower announced today its selection of industry experts Sargent & Lundy to design the Kemmerer Training Center (KTC); another major milestone for TerraPower’s Natrium Reactor Demonstration Project in Kemmerer, Wyoming. The 30,000 sqft Kemmerer Training Center will host all Natrium operation training activities, for both the demonstration project as well as future Natrium plants. The …

Sweden Considers Borrowing $28.5 Billion to Finance 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 …

Philippine president eyes partnership with UAE on nuclear energy

Philippine President Ferdinand Marcos Jr. met on Monday with the head of Emirates Nuclear Energy Corp., Mohammed Al-Hammadi, as the government seeks to include atomic power in its energy mix. The Philippines has been exploring clean and sustainable options to generate power, as the country regularly suffers power outages and faces high tariffs. Coal remains …

China Is Rapidly Building Nuclear Power Plants as the Rest of the World Stalls

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 …

Majority of Americans support more nuclear power in the country

A majority of U.S. adults remain supportive of expanding nuclear power in the country, according to a Pew Research Center survey from May. Overall, 56% say they favor more nuclear power plants to generate electricity. This share is statistically unchanged from last year. But the future of large-scale nuclear power in America is uncertain. While Congress recently passed a bipartisan …

Florida’s Byron Donalds announces major legislative push for nuclear energy

Florida Republican Rep. Byron Donalds announced his “Summer 2024 Nuclear Push,” composed of 10 aspects in a bid to promote nuclear energy in the U.S. That includes six pieces of legislation and four letters to “leaders of top international institutions with nuclear financing capabilities.” Below is a list of Donalds’ upcoming legislation: H. RES. 1395 – USA …

New York could see electricity demand grow 90% by 2042: ISO

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 …