Constellation Energy has issued the first corporate green bond in the USA that can be used to finance nuclear energy projects. The company will use proceeds from the USD900 million, 30-year term offering, for investments such as maintenance, uprates and life extensions of its nuclear power plants. A green bond is a financial instrument that …
Bill Gates at TerraPower with a mock-up of metal fuel pin bundles for his planned SMR. TerraPower, a company founded by Bill Gates, says it plans to start building the first of a new generation of nuclear power plants in the US in June, joining a race with Russian and Chinese rivals to develop and …
Minister will ask Niigata’s governor for approval: report Tepco’s stock surged as potential restart would help cut costs Japan’s government is ramping up an effort to secure local approval to resume operations at the world’s biggest nuclear power plant, according to a report, amid a wider push by the nation to restart its idled fleet …
Darlington Nuclear is making a habit of getting work done as promised after announcing this week that early work on the small modular reactor megaproject at the Clarington nuclear plant is on time and on budget. Darlington is also undergoing a complete refurbishment of its four reactors, with Unit 3 returning to service last August …
Belgium’s Federal Energy Commission is in the final stages of agreeing on the ten-year extension of its two newest nuclear reactors, Doel 4 and Tihange 3 before a vote will be held to conclude the process. But the nuclear debate is proving divisive to the bitter last, with several parties in the opposition …
Following the construction of the Akkuyu nuclear power plant, Turkey is planning to build two more plants at Sinop and Thrace. lparslan Bayraktar, Turkey’s energy minister, has said that the first nuclear unit at the Akkuyu nuclear power plant should be launched by the end of the year, while negotiations with Russia, China and South …
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 …