Bangladesh finds way to pay Russia for nuclear plant: with yuan

Using China’s currency to skirt bank restrictions could irk Western partners Bangladesh appears to have found a workaround for stalled payments it owes Russia for a nuclear power plant: settling them in Chinese yuan. With U.S. and European sanctions barring Russia from much of the international banking system, Dhaka has been scrambling for ways to settle …

Two studies make a strong case for nuclear power: less pollution, smaller footprint.

One team showed how nuclear plant shutdowns could cause 1000s of pollution-related deaths; another found nuclear has the least environmental impact among low-carbon energy sources. The Fukushima nuclear disaster in 2011 was a death knell for nuclear power. Rising fear and anxiety about nuclear power plants prompted many countries to phase out this form of …

Indian minister eyes 9% nuclear share by 2047

A pressuriser for Kudankulam 5, one of four VVER reactors currently under construction in Tamil Nadu, begins its journey of 17,000 km to the site on 4 April. The pressuriser, made by AEM-Technologies Izhora (part of Rosatom’s machine-building division, Atomenergomash), weighs more than 187 tonnes and is about 14 metres in length (Image: AEM) Installed …

Palisades seeking $300M in state funding to restart nuclear plant

Owners of the Palisades nuclear plant in Southwest Michigan may seek $300 million in state funding to reopen the facility. The owner and operator of a shuttered Southwest Michigan nuclear power plant may ask for about $300 million in state funding to help reopen the facility. Holtec International has launched an unprecedented effort to reopen a …

World’s Top Uranium Miner Sees Clients Switching From Russia

Some Eastern European power plants seeking uranium contracts Kazatomprom is looking to open new trade route via China Kazakhstan’s state-owned uranium miner is preparing reserves for production as demand increases, including from Eastern European power producers looking to cut their reliance on Russia. Some nuclear plants in Eastern Europe, which previously sourced enriched uranium from …

Two thirds of Germans against shutting down last nuclear power plants at this point – survey

About two thirds of Germans are against the country’s imminent shutdown of the remaining three nuclear power plants, a survey by opinion research institute YouGov commissioned by the news agency dpa found. Germany’s remaining nuclear power plants are set to be shut down on 15 April, having been granted a three-and-a-half-month runtime extension to ensure security of supply …

Shapps: UK to partner with Korea on energy transition – and stand united against Putin’s aggression

Energy Security Secretary Grant Shapps today joined forces with the Republic of Korea to collaborate ever closer on accelerating the move towards a cleaner, more energy secure future, including renewables and nuclear, while also underlining the vital importance of our international efforts against Putin’s weaponization of global energy markets. Flying the flag for UK PLC …

Less expensive, flexible nuclear power one option for backing up renewables: expert

Advanced nuclear generation costing less than a third of large projects per kilowatt of capacity can be part of the solution for heavily fossil-fuel dependent communities to provide clean, flexible power to back up renewables, an Idaho National Laboratory official said April 6 at a conference in Austin, Texas. “The Inflation Reduction Act put out …

Support For Nuclear Power Is Increasing Across Europe

Recent opinion polls in several European countries showed widespread, increasing support for nuclear energy, considered an effective and crucial tool to mitigate climate change, boost decarbonisation, and secure national energy independence.   Sweden The share of people who want to keep using nuclear power in Sweden is at a record high of 56%, according to an annual survey by the Som Institute at …