Budget 2024: For The 1st Time, Private Sector Allowed to Invest in Atomic Energy

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 …

EDF, Edison, Federacciai, Ansaldo Energia and Ansaldo Nucleare signed a Memorandum of Understanding for the use of nuclear energy to boost the competitiveness and decarbonisation of the Italian steel industry

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 …

China unveils world’s 1st meltdown-proof nuclear reactor with 105 MW capacity

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 Nuclear Co. exits stealth, plans to deploy standardized 6-GW nuclear fleet

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 to build Central Asia’s first low-power nuclear facility

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 …

First UK reactor design submitted for justification

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 …

Construction starts on Xudabao 2

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 …

Experts estimate central Jordan holds 41,000 tons of Yellowcake uranium

Experts estimate that central Jordan holds approximately 41,000 tons of yellowcake uranium, according to Dr. Khaled Al-Khasawneh, Commissioner of Nuclear Power Reactors at the Jordan Atomic Energy Commission (JAEC). The announcement was made during a lecture organized by the Ministry of Energy and Mineral Resources in partnership with the JAEC. The session focused on the …