Amazon.com Inc. and billionaire financier Ken Griffin are among the backers anchoring a $500 million investment in small nuclear reactors, a burgeoning technology heralded as the next era for atomic energy. The Seattle-based company has signed agreements to develop the new breed of reactors — dubbed small modular reactors, or SMRs — in both Washington …
Chugoku Electric Power said its nuclear reactor will restart in early December, a move that will boost the nation’s power supply this winter. The Shimane No. 2 reactor — which was shut in 2012 following the Fukushima disaster — will be connected to the grid by the end of December, according to a statement on …
Today, the Canadian Nuclear Safety Commission (CNSC) announced the independent Commission’s decision to amend the licence held by Ontario Power Generation Inc. (OPG) for the Pickering Nuclear Generating Station (PNGS). This decision authorizes OPG to operate Units 5–8 at the PNGS until December 31, 2026, up to a maximum of 305,000 equivalent full power hours (EFPH). The …
To accelerate the clean energy transition across the U.S., we’re signing the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMR) to be developed by Kairos Power. Since pioneering the first corporate purchase agreements for renewable electricity over a decade ago, Google has played a pivotal role in accelerating clean …
Kenya has allocated a coastal area to build its first nuclear plant, worth 3.9 billion dollars, in a bid to diversify its energy mix. The project is expected to generate 1000 MW, as part of a long-term strategy to reduce reliance on hydro-power and fossil fuel energy. Switch on is expected in 2034, despite rising …
Japan’s biggest business lobby Keidanren called on the government to include nuclear power expansion in the national energy strategy currently under revision. Japan’s biggest business lobby Keidanren called on the government to include nuclear power expansion in the national energy strategy currently under revision. Electrification, use of generative artificial intelligence, and new data centers …
Keravan Energia, a Finnish energy utility, has signed an agreement with technology company Steady Energy Oy to develop nuclear-powered district heating. This marks Kerava as the third Finnish city to consider small modular reactor (SMR) technology for heating purposes, following earlier initiatives in Kuopio and Helsinki. Should the project proceed to investment, construction of the …
Electricite de France SA is holding talks with investors over funding for the Hinkley Point C nuclear power plant under construction in the UK, as the French utility grapples with the ballooning cost of the project. EDF is seeking to raise as much as £4 billion ($5.2 billion) through a bespoke financial instrument which would …
Italy is considering U.S. energy group Westinghouse or France’s EDF as potential international partners for a state-backed company that will build advanced nuclear reactors in the country, two sources familiar with the matter said on Thursday. Nuclear-fired power plants are prohibited in Italy following referendums in 1987 and 2011. But the government plans to draft …
At the invitation of Prime Minister Robert Golob, the Director General of the International Atomic Energy Agency (IAEA), Dr Rafael Mariano Grossi, is visiting Slovenia today. His visit began with a meeting with the Prime Minister, followed by participation in a panel discussion on the importance of nuclear energy, chaired by the Prime Minister. The …
