The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting growing electricity demand in developing countries. Banga said in an email to staff that the bank will work closely with United Nations nuclear watchdog, the International Atomic Energy Agency …
Uranium mining is a top issue for both state and federal officials. President Donald Trump issued an executive order in late May with the stated aim to “accelerate the secure and responsible development, demonstration, deployment, and export” of nuclear technology — a call the 89th Texas Legislature heeded with a bill to amend barriers in the state …
Amazon said Monday that it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice president of global data centers at Amazon’s cloud computing subsidiary, Amazon Web …
Nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company’s CEO. President Donald Trump’s executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licences for reactors and …
South Africa is lifting its Pebble Bed Modular Reactor (PBMR) out of care and maintenance, Electricity and Energy Minister Dr Kgosienstsho Ramokgopa has confirmed, almost in passing. He was delivering the keynote address at the Enlit Africa 2025 conference, at the Cape Town International Convention Centre. The PBMR is a small modular nuclear reactor (SMR). It was …
Brussels, 5 June 2025: 150GW of installed nuclear capacity in the EU by 2050 would generate over €330 billion (Bn) in annual economic output and support nearly 1.5 million (Mn) jobs across the EU, according to a report by Deloitte (commissioned by nucleareurope). The conclusions of this report further demonstrate the broader value which nuclear …
Meta’s Nuclear Deal Underscores the Looming Gap for AI’s Power Needs Meta Platforms Inc.’s flashy deal this week for nuclear power was just the latest sign of the technology industry’s need for more energy — and fast. And while the top US reactor companies are eager to sign more contracts, the big question remains: Will …
Doosan Enerbility eyes global expansion as US, Europe reignite nuclear ambitions Doosan Group, a Korean power generation-to-heavy equipment conglomerate, has shaken up the leaderboard of the country’s largest conglomerates as its listed companies, namely Doosan Enerbility, saw their stock prices surge in the first five months of this year on the back of the United …
Korea finalized a major deal to export nuclear reactors to the Czech Republic, a breakthrough that marks the country’s first entry into the European nuclear power market and underscores global recognition of Korea’s nuclear technology. Korea Hydro & Nuclear Power (KHNP) announced Thursday that it had signed a contract with EDU II, a subsidiary of …
The company has selected high-temperature gas-cooled reactors (HTGRs), using tri-structural isotropic – or TRISO – particle fuel, with a power output of about 25 MWe. It said it selected this small modular reactor (SMR) technology “due to their inherently safe characteristics”. In the first year, Allseas aims to finalise initial design studies for offshore and …
