SMRs would provide economic boost to Ontario, says report

The construction and operation of four small modular reactors (SMRs) by Ontario Power Generation at its Darlington site will contribute about CAD15.3 billion (USD11.2 billion) to Canada’s GDP, including CAD13.7 billion to Ontario’s GDP, according to a report by the Conference Board of Canada. The units will create and sustain 2000 jobs each year in …

Ukraine brings in new pre-licensing assessment for nuclear projects

The large increase in proposed new nuclear energy projects has led the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) to establish a pre-licensing system based on the approach used by the Canadian Nuclear Safety Commission. The need for the new regulations, which were agreed at a meeting on Thursday, was the result of the large …

ELECTION 2024/Gov’t will not rule out nuclear power if safety is guaranteed: DPP’s Lai

Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te (賴清德) said Thursday his government will not rule out the use of nuclear power provided that the technology’s safety issues are resolved. “In the future, if new technology can resolve nuclear energy safety issues and the problem relating to nuclear waste, I believe [Taiwanese] society will accept …

EU countries break deadlock on power market subsidies

 European Union countries’ energy ministers struck a deal to reform power market subsidies, Spain’s energy minister said on Tuesday, defusing a stand-off between France and Germany over the future competitiveness of industrial sectors. The European Commission proposed changes to the EU’s electricity market in March after EU power prices soared to record levels last year …

Governments of Canada, Nova Scotia and New Brunswick Show Progress Toward Phasing Out Coal by 2030 and Expanding Their Clean, Reliable and Affordable Electricity Grids

From our homes to our businesses to our workplaces, electricity powers our lives and our economy. Building a clean, reliable and affordable electricity grid is a crucial economic and environmental pursuit. The private sector is increasingly prioritizing access to clean electricity to stay competitive and to seize new economic opportunities, including in the emerging and …

Swedish Nationalists Mull New Nuclear Firm to Rival Vattenfall

The Swedish government’s key coalition partner is ratcheting up pressure on Vattenfall AB to expand nuclear power production and says a separate company could be formed for that purpose if the state-run utility doesn’t move fast enough. The strategy of the nationalist Sweden Democrats, whose support is crucial to the country’s three-party government, stems from …

DOE selects 7 hydrogen hubs for $7B funding opportunity

The selection of several hubs focused on hydrogen production from fossil fuels and carbon capture drew the ire of environmental groups. The U.S. Department of Energy on Friday announced its selection of seven regional hydrogen hubs in Appalachia, California, the Gulf Coast, the Mid-Atlantic, the Midwest, the Pacific Northwest and a Heartland hydrogen hub comprising Minnesota and …

Holtec Formally Initiates Process with NRC to Reauthorize Operations at Palisades Power Plant

We are pleased to announce that the company has submitted a filing with the U.S. Nuclear Regulatory Commission (NRC) to formally begin the process of seeking federal reauthorization of power operations at the 800-megawatt Palisades Power Plant in Covert Township, Michigan. This filing follows a series of public meetings with NRC staff to lay out …