Romania’s Nuclearelectrica launches joint venture for small modular nuclear reactors

Nuclearelectrica and Nova Power and Gas launched RoPower Nuclear, a project firm for the development of small modular reactors in Romania on the site of a former coal plant. They plan to use NuScale’s technology to build a 462 MW nuclear power plant, with a possibility to add 80 MW in capacity from renewable energy …

OPG and Microsoft announce strategic partnership to power a Net-Zero future for Ontario

CEC purchase agreement including nuclear power marks a first for both companies Ontario Power Generation (OPG) and Microsoft announced a Canada-first strategic partnership aimed at tackling climate change and driving sustainable growth across Ontario. The two companies will work together on a series of initiatives that are focused on delivering innovative clean energy solutions and …

France’s energy bill to exceed €100 billion this year

France’s fossil fuel import bill is expected double from 2021, reaching €100 billion as energy bills skyrocket across Europe, the French Nuclear Energy Society (SFEN) told a Parliamentary hearing on Wednesday. The French Treasury revealed in April that the French energy bill had reached a record high, rising from €27 billion in the second half …

‘Huge demand for SMRs’ – so what are the key challenges?

The interest in small modular reactors (SMRs) means that building the industrial capacity to produce the numbers required is just one of the challenges for companies as they turn their visions into reality, World Nuclear Symposium heard. Both Jon Ball, executive vice president market development for GE Hitachi Nuclear Energy, and Rick Springman, senior vice president of …

UNECE roadmap to net-zero calls for greater use of nuclear energy

Nuclear energy plays a significant role in scenarios which achieve carbon neutrality in North America, Europe and Central Asia, according to a new report from the United Nations Economic Commission for Europe (UNECE). If advanced reactors are successfully deployed to complement large scale nuclear reactors and there is progress in introducing low-carbon hydrogen infrastructure, then …

Nuclear energy bill receives state Senate hearing

The Fermi 2 nuclear reactor near Monroe, Michigan began shutting down last Sunday night. It’s expected to be offline for a month. A bill before a Michigan Senate committee would require state regulators to commission a feasibility study on nuclear energy. That study would look at the economic and environmental impacts of generating nuclear power …

Japan’s nuclear drumbeat quickens as public demands energy fix

Japan’s power generation mix, nuclear fleet This analysis is by Bloomberg Intelligence Senior Industry Analyst Henik Fung and Associate Analyst Chia Cheng Chen. It appeared first on the Bloomberg Terminal. The energy equivalent of a Greek chorus is beating the drums for Japan to fire up its nuclear plants, with public support rising to 60% …