Steady Energy – Finnish developer of the LDR-50 small modular reactor – has signed a collaboration agreement with TVO Nuclear Services related to the development of a nuclear heating plant, initially focusing on the planning of the nuclear facility’s operation and safety. TVO Nuclear Services (TVONS) is a consulting company wholly owned by Finnish utility …
EDF will need financial support to raise the tens of billions of euros needed to build a nuclear programme that includes six new generation EPRs in France, the CEO of the French state-owned company said late on Wednesday. “The amounts to be raised on the financial markets are colossal and exceed the capacity of a company, …
Senator Jim Risch(R-Idaho) U.S. Senators Jim Risch (R-Idaho) and Mark Warner (D-Va.) today announced the launch of the Senate Advanced Nuclear Caucus. The Senate Advanced Nuclear Caucus will amplify the critical role nuclear energy plays in the United States, explore emerging nuclear technologies, and promote the goals and priorities of the U.S. nuclear industry. “America must maintain its leadership in nuclear energy development. From lighting the first nuclear powered lightbulb to groundbreaking advanced reactor …
A large holding company is looking to build in Butte, and their plans include utilizing nuclear energy. At Wednesday night’s Council Of Commissioners meeting, the head of XGen informed the local legislative body of their intentions to relocate here from Florida. XGen has the backing of Westinghouse and is seeking to build a nuclear power …
Holtec International is on the verge of doing something that’s never been done before in the nuclear sector: bringing a nuclear plant back to life. The company is working to repower the Palisades Nuclear Generating Station in Michigan by 2025 and received a conditional commitment of up to $1.52 billion in loan guarantees from the U.S. Department …
The construction of six Westinghouse AP1000 reactors would contribute more than PLN118.3 billion (USD30.2 billion) in GDP for Poland, while their subsequent operation would generate PLN38 billion in GDP annually, an independent study has found. Poland has set out a pathway to develop new nuclear power, with the aim of building six to nine GWe …
Retiring reactors will need to be replaced: utility group Government to revise its energy strategy in the next year Japan will need new nuclear power plants to meet its 2050 net zero goal, according to nation’s main electricity utilities. At least some reactors scheduled to retire by the mid-century will have to be replaced with …
Thomas Quinn wants to build a hyperscale data center — what would be the single largest user of electricity in Connecticut — next to the Millstone Nuclear Power plant in Waterford. The center would use more than 9% of the average power consumption in the state, enough to raise concerns among state lawmakers about the …
A new push to support nuclear power production in Michigan is taking off among state legislators. A bipartisan group of lawmakers say that with the right policies, Michigan could become a national hub for the nuclear energy industry. The package put forward by the so-called ‘nuclear caucus’ would make Michigan unique in its support for …
Canada has announced a number of new investments designed to integrate into global green supply chains in recent years The federal minister responsible for innovation and industry says Canada could be at risk of losing out on attracting green industries if it doesn’t consider all options for renewable electricity, which he says include nuclear power. …