Eight out of 10 South Koreans said nuclear power generation was necessary, according to a survey. The Korea Energy Information Culture Agency said on Aug. 14 that 81.9 percent of the respondents in the survey said that nuclear power generation was necessary, far exceeding the percentage of negative answers (15.5 percent) in the Energy Perception …
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 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 …
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 …
Uranium explorers are calling on Australian state governments to lift bans on mining the fuel, which is set for a long-term jump in demand as decarbonization spurs a nuclear energy revival. Australia boasts nearly a third of known uranium ore deposits worldwide, but only two of the nation’s eight states and territories — South Australia …
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 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 …
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 …
The Office for Nuclear Regulation (ONR), the Environment Agency and Natural Resources Wales (NRW) have announced today that they are progressing to the next step of their assessment of Rolls-Royce SMR Ltd’s 470 MWe Small Modular Reactor (SMR) design. The Generic Design Assessment (GDA) process allows the regulators to begin assessing the safety, security, safeguards …
The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
