No Maryland-based companies were included in President Donald Trump’s push to build three new nuclear reactors, but both Gov. Wes Moore and a Republican state senator believe pursuing nuclear power is important for the state’s energy needs. According to a news release Tuesday, the U.S. Department of Energy has made initial selections for projects under …
The Swiss government has presented draft legislation to end its ban on building new nuclear power plants, reversing a policy adopted in 2018 to phase out the technology. The plan, a counter-proposal to the popular initiative “Stop the Blackout,” would allow companies to apply for licenses to construct reactors — if approved by parliament and …
The U.S. Department of Energy is aiming to achieve criticality of at least three test reactors using an expedited authorization process by July 4, 2026. Dive Brief: The U.S. Department of Energy on Tuesday selected 11 advanced reactor projects to participate in a nuclear pilot program that aims to expedite deployment without Nuclear Regulatory Commission licensing, according …
India aims to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars to boost the industry, two government sources said. Prime Minister Narendra Modi’s government plans to expand nuclear power production capacity by 12 times …
Having the only NRC-approved small modular reactor, plus broader regulatory tailwinds for nuclear energy, could help NuScale land “hard contracts” by year’s end, company executives said. Small modular reactor company NuScale Power aims to have “hard contracts” with “two or three major customers” by the end of 2025, CEO John Hopkins told investors and analysts on …
Project pace depends on National Planning Commission report; site selection and new Climate and Energy Ministry expected to be key variables The government’s plan to introduce two new large-scale nuclear reactors and one small modular reactor (SMR) is expected to see a definitive decision on whether to commence within this year, with this week serving …
This article was written by Bloomberg Intelligence industry analyst Nikki Hsu, with contributing analysis by Scott J. Levine and Gabriela Privetera. It appeared first on the Bloomberg Terminal. US nuclear power is primed for a resurgence, with capacity rising 63% to 159 gigawatts by 2050 in our scenario — a $350 billion-plus build-out fueled by …
Nuclear Taskforce interim report finds “once-in-a-generation” reform is needed to tackle regulatory barriers. Independent expert taskforce finds British nuclear projects are being held back by costly and complex regulation barriers Radical “once-in-a-generation” reform is needed to tear down barriers to faster, cheaper nuclear development, while maintaining the highest safety standards The government is delivering a …
Milestone Order with MTG-Dolphin AD Demonstrates Commitment to Using Local Suppliers for Regional Projects Including the Kozloduy Expansion Westinghouse Electric Company has signed its first Purchase Order, with MTG-Dolphin AD, supporting the two-unit AP1000® project at Bulgaria’s Kozloduy Nuclear Power Plant. The order demonstrates Westinghouse’s commitment to using local suppliers for the expansion of nuclear …
NextEra Energy has filed a request with the US Federal Energy Regulatory Commission seeking to reclaim interconnection rights that were previously transferred from the shut down Duane Arnold nuclear power plant in Iowa to a solar energy project. The single-unit 615 MWe boiling water reactor plant was taken out of service in 2020 after more …
