Barakah Plant project refinancing loan with two leading UAE banks, Abu Dhabi Commercial Bank PJSC (ADCB) and First Abu Dhabi Bank PJSC (FAB), is the first in MENA Region and Asia to be recognized as a green loan facility. – Positions Barakah Plant and the wider nuclear sector at the forefront of clean financing instruments …
Eight out of 10 South Koreans support the operation of nuclear power plants, according to a survey conducted by international energy consulting firm Radiant Energy Group Ltd. The firm surveyed citizens of 20 countries, including Korea, between October and November 2023. The Korea Energy Information Culture Agency (KEIA) released a report citing the Radiant Energy …
The U.S. Department of Energy (DOE) released its Fiscal Year 2025 budget request, which includes nearly $1.6 billion for the Office of Nuclear Energy (NE). The request includes $694.2 million in research and development activities that will help advance important reactor and fuel technologies, address gaps in the domestic nuclear fuel supply chain, and harness the …
The big wins for “Oppenheimer” at Sunday’s Academy Awards are not the only attention the nuclear industry has experienced in recent days. Hollywood’s “Oppenheimer” dominated at the Oscars — renewing calls for reducing the threat of nuclear weapons worldwide — but a different kind of nuclear energy is gaining momentum in Washington. Freshly passed legislation and new …
Great British Nuclear (GBN) has delayed a decision on where the first mini-nuclear reactors will be built until after the next election, following concerns that losers of a design contest may otherwise threaten to sue. The public body, which is tasked with preparing the ground for a ‘nuclear renaissance’, previously said it would select small modular reactor …
Measures moving through Congress to encourage new reactors are receiving broad bipartisan support, as lawmakers embrace a once-contentious technology. The House this week overwhelmingly passed legislation meant to speed up the development of a new generation of nuclear power plants, the latest sign that a once-contentious source of energy is now attracting broad political support …
Lescure (second from left) and Le Maire (centre) pictured with La Hague Site Director Stéphanie Gaiffe (far left) and Orano CEO Nicolas Maes (on the right) during the visit (Image: Orano) Minister for the Economy, Finance, Industrial and Digital Sovereignty Bruno Le Maire announced the decision to continue with France’s treatment-recycling strategy for used nuclear …
A nuclear startup backed by OpenAI chief Sam Altman wants to power data centers and homes alike. It’s racing against surging demand while working to satisfy regulators. Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they …
During COP28, UAE was among 22 countries committing to tripling global nuclear capacity by 2050 as part of the transition to Net Zero The Federal Authority for Nuclear Regulation (FANR), the regulatory body for the nuclear sector in the UAE, is “proactively developing” future strategies to serve more nuclear reactors, a top official said in …
China can aim to approve as many as 10 new nuclear reactors a year to accelerate its rapid expansion of capacity, according to the chairman of one of the nation’s largest developers. Three or four new reactors will be added to the national fleet this year to take China’s capacity to about 60.8 gigawatts, according …
