Nuclear an “Investible ESG Asset” According to Center for ESG and Sustainability

In the last six months, many governments have proclaimed support for nuclear energy and industrial companies have announced partnerships with nuclear developers to meet their decarbonization commitments—but the most exciting evolution, arguably, involves nuclear’s relationship with three letters: E-S-G. Environmental, Social, and Governance (ESG) refers to the increasingly relevant non-financial criteria used by financiers when screening …

Small modular reactor advocates see opportunity in former US coal towns

Swapping coal-fired generating stations with nuclear power plants could be a win-win for utilities and coal towns, minimizing costs and creating jobs, according to industry experts. The opportunity to bring new energy investment to coal communities arose Oct. 24 at two nuclear energy events hosted by the American Nuclear Society and the Atlantic Council. That …

Federal loan provides certainty for Canadian SMR build

The existing Darlington plant provided a backdrop for the announcement (Image: OPG) The Canada Infrastructure Bank (CIB) has announced a commitment of CAD970 million (USD713 million) towards Ontario Power Generation (OPG’s) Darlington New Nuclear Project, in the bank’s largest investment in clean power to date. The Darlington New Nuclear Project will be a 300 MWe …

IAEA International Ministerial Conference on Nuclear Power to Start in Washington

The IAEA International Ministerial Conference on Nuclear Power in the 21st Century opens this week in Washington DC, providing a global forum for ministers, policy makers and experts to discuss the contribution of nuclear power to climate change mitigation, energy security and sustainable development. IAEA Director General Rafael Mariano Grossi and US Secretary of Energy Jennifer Granholm …

EDF will meet French nuclear output goals, new CEO to tell parliament

A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021. REUTERS/Pascal Rossignol The new CEO-designate of France’s nuclear group EDF expects to meet output expectations set out by the country’s grid operator for December and …

Poland Nears Picking Westinghouse for First Nuclear Power Plant

Poland is close to choosing Westinghouse Electric Co. to help it build its first nuclear power plant as the European Union’s largest eastern economy rushes to replace its aging coal-fired units. Polish Deputy Prime Minister Jacek Sasin and Climate Minister Anna Moskwa announcement their preferred option after meeting with US Energy Secretary Jennifer Granholm over the weekend. …

Application for Approval to Extend the Operation Period for Unit 1 and 2 at Sendai Nuclear Power Station

In order to achieve both carbon neutrality and a stable supply of electricity, we will maximize the use of nuclear power, which is a stable power source that does not emit CO₂ during operation, on the premise that it is safe. In order to apply for approval to extend the operation life span of nuclear …

Germany’s Scholz decides on continued operation of reactors

Emsland (Image: RWE) Chancellor Olaf Scholz has taken the decision to allow all three of Germany’s remaining operating nuclear power plants to continue generating electricity until 15 April next year. His decision follows disagreement among the governing coalition parties over the continued operation of the plants. “As Federal Chancellor, I have made the following decision …

Lintilä welcomes Fortum’s decision to look into building nuclear power in Finland

Minister of Economic Affairs Mika Lintilä (Centre) was photographed at a plenary session of the Finnish Parliament in Helsinki on 27 September 2022. Lintilä on Monday welcomed news that Fortum is looking into building new nuclear power plants, be it small modular reactors or traditional larger ones, in Finland. (Markku Ulander – Lehtikuva) MINISTER of Economic …

Entergy’s nuclear fleet essential to meeting climate commitments

We are proud to celebrate Nuclear Science Week. NSW is an international, broadly observed week-long celebration to focus local, regional and international interests on all aspects of nuclear science. Nuclear Science Week is celebrated during the third week of October each year. Entergy Nuclear owns and operates a national fl­eet of five nuclear reactors in …