Korean govt on reactor sale pitch arranged 9 MoUs with reactor-related firms in Poland

South Korea’s Industry Minister Lee Chang-yang on a nuclear reactor pitch tour visited Poland after the Czech Republic arranged deals between six Korean and nine Polish companies on reactor projects, according to the trade, industry and energy ministry Friday. The memorandums of understanding involved state entities Korea Hydro & Nuclear Power (KHNP), KEPCO Technology, KEPCO …

US NNSA initiates process to purchase strategic uranium

The US National Nuclear Security Administration (NNSA) has begun the process to initiate the USA’s strategic uranium reserve, issuing a solicitation to purchase up to an estimated one million pounds of domestically-produced U3O8. The solicitation – which is issued as a Request for Proposal (RFP) – is for purchase of uranium “provided by a vendor that has …

Nuclear Power on the Upswing, Numerous Projects Take Shape Around the World

1. The inner containment is one of the main components of the nuclear power plant safety system. It not only protects the reactor compartment, but also supports the polar crane used to service the nuclear reactor. Courtesy: ROSATOM The International Energy Agency (IEA) says momentum is building for nuclear power in many countries amid soaring …

Government backing for Sizewell C expected ‘in weeks’

The government is set to approve a key funding decision on the proposed £20bn Sizewell C nuclear plant in the next two weeks. Ministers are ironing out “minor” details on the project prior to the announcement of a government investment decision, according to reports in The Telegraph, with a decision due in the next fortnight. Sources told the …

SaskPower Selects the GE-Hitachi BWRX-300 Small Modular Reactor Technology for Potential Deployment in Saskatchewan

Following a thorough assessment of several Small Modular Reactor (SMR) technologies, SaskPower has selected the GE-Hitachi BWRX-300 for potential deployment in Saskatchewan in the mid-2030s. “This is an important milestone as Saskatchewan works towards a cleaner, more sustainable future,” said Don Morgan, Minister responsible for SaskPower. “Today’s announcement further acts on the Saskatchewan Growth Plan …

Korea actively seeks nuclear power sales in Czech Republic, Poland

Lee Chang-yang, left, minister of Trade, Industry and Energy, speaks during the Energy Commission meeting at the Plaza Hotel Seoul, Friday. Courtesy of Ministry of Trade, Industry and Energy Korea has gone all-out to revive its nuclear power generation industry under the Yoon Suk-yeol administration as Lee Chang-yang, minister of Trade, Industry and Energy, will …

The Netherlands, Facing Energy And Climate Crises, Bets On A Nuclear Revival

This isn’t the country’s first attempt at an atomic renaissance. Will the Dutch actually make it work this time? The Netherlands ― On this windswept peninsula near the Belgian border, the trees grow shrubby and the dune grasses bow horizontally before the North Sea’s gusts. But along the coast, industrial spires rise vertically, defying nature …

Nuclear energy can enhance energy security and address environmental goals

The world faces two major energy challenges today: achieving decarbonisation goals and ensuring that every citizen and every business across the globe has equitable opportunity to have 24/7 access to dependable and affordable energy. The combination of an increasingly urgent climate crisis and volatile energy prices has highlighted the key strengths of nuclear technologies. Nuclear …

The last nuclear plant in California – and the unexpected quest to save it

The Diablo Canyon nuclear plant, on the edge of the Pacific ocean, was due to close in three years. Photograph: Mark Ralston/AFP/Getty Images The Diablo Canyon facility, which provides 9% of the state’s energy, was due to shutter in 2025, but the state’s energy crunch could save it. California’s last nuclear plant was nearing the end …

PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction

Capacity prices across most of the PJM Interconnection fell 32% to a 10-year low of $34.13/MW-day from $50/MW-day in the previous auction, possibly reflecting recent rule changes, the grid operator said Tuesday. PJM bought 144,871 MW of capacity for the capacity year that starts June 1, 2023, for $2.2 billion, down from $4 billion in the last …