Russia Will Fund New Nuclear Plants In Iran

In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …

Considerable investment in development of OL1 and OL2 plant units in Olkiluoto

The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …

India needs to fast-track nuclear power projects, government committee urges

 India must accelerate execution of nuclear projects, create awareness on their safety and build a strong list of vendors, according to an advisory committee meeting of the country’s power ministry held on Monday. WHY IT’S IMPORTANT In early February, India announced plans to amend its nuclear liability law to boost foreign and private investments, aiming …

KHNP chief pursues nuclear energy partnerships with African nations

Korea Hydro & Nuclear Power (KHNP) president and CEO Whang Joo-ho stressed the importance of the technological partnership between Korea and Africa in nuclear energy during a keynote speech he delivered at the Africa Nuclear Business Platform (NBP) 2025 held in Morocco. The Africa NBP took place from Tuesday through Thursday with the heads of energy …

Calpine, Constellation, others seek settlement talks over PJM colocation rules

Constellation Energy’s 1,790-MW Calvert Cliffs nuclear plant in Lusby, Maryland. Constellation joined other power plant owners and generator trade groups on April 22, 2025, asking the Federal Energy Regulatory Commission to order settlement talks to resolve issues surrounding the PJM Interconnection’s rules for colocating data centers at power plants. The image by Jbs666 is licensed under CC BY-SA …

Local News Palisades Nuclear Plant owner says restart efforts on schedule as next loan disbursement made

A third round of federal loans has been approved to support the restart of the Palisades Nuclear Plant in Van Buren County, Michigan. U.S. Department of Energy Secretary Chris Wright made the disbursement announcement Wednesday, releasing $46,709,358 from a total $1.52 billion loan guarantee to Holtec International. The federal loan with the Loan Programs Office …

Government told to ‘fix’ international nuclear strategy by former defence secretary

The government has been told it must “fix” its international nuclear strategy in the face of strong exports of nuclear fuel and technology from Russia and China, by a former defence secretary. Former Conservative secretary of state for defence, now backbench member of parliament (MP) Gavin Williamson made the comments following a response from the …