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 …
In a big announcement, the private sector has been allowed to partner in setting up nuclear plants for the first time. India’s atomic energy got a positive nudge today with Finance Minister Nirmala Sitharaman saying, “Nuclear energy is expected to form a very significant part of the energy mix for Viksit Bharat.” India is now …
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 …
The nuclear reactor has been in the works since 2016 and was only began operations in December 2023. In a global first, researchers at Tsinghua University in China have successfully demonstrated a meltdown-proof nuclear fission reactor. The twin reactor design can generate 105 MW of power each and has been in the works since 2016. …
The startup will initially target sites with active Nuclear Regulatory Commission permits, Chief Development Officer Juliann Edwards said. The Nuclear Co. plans to develop a series of nuclear plants in the United States “using proven, licensed technology and a design-once, build-many approach,” the company said on Thursday. The startup will focus on sites that already have some …
Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing foreign media. Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing Kazinform. The building start-up contract was signed by Russian President Vladimir Putin on May 27. Uzbekistan’s Atomic Energy Agency …
Rolls-Royce SMR is first ever UK reactor design to be submitted for consideration Evaluation of potential benefits and detriments is required for in-principle justification of any new nuclear practice The Nuclear Industry Association has applied for a justification decision for Rolls-Royce SMR’s reactor design. Our application makes the case that the benefits of clean, firm, flexible …
The first unit at the Akkuyu nuclear power plant is being prepared for the loading of dummy fuel, and with three more units under construction, the two sides discussed the potential of collaborating on a second nuclear power plant in Turkey. Rosatom CEO Alexei Likhachev, pictured above, left, and Turkey’s Energy Minister Alparslan Bayraktar, above, …
South Korean nuclear energy stocks surged after Korea Hydro & Nuclear Power Co. was chosen to build two reactors in the Czech Republic, beating out French and US rivals for the multibillion dollar project. Shares in KEPCO Engineering & Construction Co., which is owned by KHNP’s parent Korea Electric Power Corp (KEPCO), rose as much …
The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …
