Centre may consider amendments to Atomic Energy Act, Civil Liability for Nuclear Damage Act as promised by Finance Minister while announcing nuclear energy mission; could remove hurdles for private investment The Union government may consider legislation to amend aspects of the Atomic Energy Act and the Civil Liability for Nuclear Damage Act in the upcoming Monsoon Session …
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply as demand is expected to rise …
The 18-month timeline halves NRC’s “generic schedule” for a construction permit application. But Dow is unlikely to greenlight the Texas project before 2028, a spokesperson said. The U.S. Nuclear Regulatory Commission could approve construction of X-energy’s first commercial small modular reactor deployment by the end of 2026, the company said Monday. The 18-month review timeline would …
Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. Next-gen nuclear power company TerraPower today announced $650 million in new funding. The round includes new investor NVentures, the venture capital arm of leading computer chip maker NVIDIA, as well as current investors Bill Gates, who helped found the company, and HD …
The reactor-building spree would make China by far the world’s largest nuclear power generator, while the US strives to revive its own industry China will nearly double its nuclear power capacity by 2040, making it by far the world’s largest nuclear power generator, according to a new report by the China Nuclear Energy Association (CNEA). …
“It is in Hungary’s strategic interest to cooperate as closely as possible with Canada, as it is the world’s second largest country in terms of area, with vast untapped natural resources and energy potential,” according to a statement issued by Levente Magyar, Parliamentary State Secretary for Foreign Affairs and Trade in Toronto. Following the talks, …
Slovakia is close to a deal with Washington that would see U.S. company Westinghouse build a new nuclear reactor in the central European country, Prime Minister Robert Fico said on Tuesday. Slovakia, which currently has five nuclear reactors at two plants, plans to expand its nuclear power capacity in the coming decades to meet …
An energy expert has expressed his confidence that Indonesia is ready to begin constructing nuclear power plants (PLTN) and have operational units by early 2030s, citing the legal and institutional infrastructure is in place and the country has sufficient technical expertise to manage nuclear energy safely and effectively. “Indonesia is ready, eligible, and safe to …
Dan Jørgensen, Commissioner for Energy and Housing Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for …
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 …