Nuclear power officially labelled as ‘strategic’ for EU’s decarbonisation

The Council of EU member states and the European Parliament agreed on Tuesday (6 February) to label nuclear power as a strategic technology for the EU’s decarbonisation, following months of intense negotiations in Brussels over the Net-Zero Industry Act (NZIA). Presented by the European Commission in March 2023, the NZIA aims to speed up the …

South Korea’s largest shipbuilder makes nuclear move

HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has held a joint research and technology exchange meeting with TerraPower and CORE POWER with plans unveiled to develop small modular nuclear reactors for use on newbuilds. The reactor, which will be jointly developed by KSOE and other partners including TerraPower and …

Border package contains $2 billion for uranium enrichment

The Senate’s border and Ukraine spending package contains more than $2 billion in funds for uranium processing, as the U.S. works to reduce global reliance on Russian energy exports. The text of the bill, released Sunday night, includes $2.72 billion in unspent grant funding for domestic uranium enrichment, with the goal of bolstering nuclear fuel …

New-wave reactor technology could kick-start a nuclear renaissance — and the US is banking on it

  Off the Siberian coast, not far from Alaska, a Russian ship has been docked at port for four years. The Akademik Lomonosov, the world’s first floating nuclear power plant, sends energy to around 200,000 people on land using next-wave nuclear technology: small modular reactors. This technology is also being used below sea level. Dozens of …

‘Historic opportunity’: Palisades Nuclear Power Plant owner discusses steps to reopen

 The Biden Administration could loan $1.5 billion to Holtec International as soon as February to restart Van Buren County’s Palisades Nuclear Power Plant. If Holtec receives approval from the U.S. Department of Energy, the Palisades plant in Covert would be the first shuttered nuclear reactor in American history to be reactivated. The Nuclear Regulatory Commission …

Advanced nuclear fuel arrives at INL for testing

Westinghouse Electric Company has shipped 25 irradiated experimental nuclear fuel rods, including accident-tolerant fuel, to Idaho National Laboratory (INL) for testing and examination. The tests are part of the process to qualify the fuel for use in commercial reactors. The shipment contains both accident tolerant fuel – also known as ATF – and high burnup …

India’s Nuclear Power Corporation to commission new reactor every year

India’s Nuclear Power Corporation of India Limited (NPCIL) is on a mission to commission a nuclear power reactor every year, Chairman and Managing Director BC Pathak said. In an interview with The Hindu, he also outlined the progress and future plans of the country’s nuclear power sector. On December 17, 2023, the fourth unit of India’s largest …

Biden Administration Finalizes a $1.1 Billion Aid Package for California’s Last Nuclear Power Plant

The Biden administration has finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. The funding is a financial pillar in the plan to keep the Diablo Canyon Power Plant producing electricity …

UK government plans further nuclear power expansion

The government is exploring plans to build a new large-scale nuclear plant, despite concerns about delays to existing projects. Ministers say the project would be the biggest expansion of the sector in 70 years, reducing reliance on overseas supply. The new plant would quadruple energy supplies by 2050, they say. But concerns have been raised, …