France defends its ‘big nuclear adventure,’ says it is influenced by geopolitics

KEY POINTS French Finance Minister Bruno Le Maire told CNBC on Friday that the country’s decision to bet big on nuclear power was driven by geopolitical concerns and the desire to achieve “total energy independence. The move controversially places atomic power at the center of France’s bid to achieve carbon neutrality by the middle of …

DOE Establishes $6 Billion Program to Preserve America’s Clean Nuclear Energy Infrastructure

DOE Seeks Public Input on Executing the Bipartisan Infrastructure Law’s Civil Nuclear Credit Program to Ensure Continued Operation of Clean, Reliable Nuclear Energy WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today released a Notice of Intent (NOI) and Request for Information (RFI) on the implementation of the Bipartisan Infrastructure Law’s $6 billion Civil Nuclear Credit Program. The nuclear credit …

Announcing new reactors, Macron bets on nuclear power in carbon-neutral push

French President Emmanuel Macron visits a nuclear turbine factory in Belfort, eastern France, on February 10, 2022. © Jean-François Badias, AFP France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country’s drive for carbon neutrality by 2050 Macron said the new …

Nuclear power increasingly popular as energy costs, supply chain issues mount under Biden

The cooling towers of the still-under-construction Plant Vogtle nuclear energy facility are seen, March 22, 2019 in Waynesboro, Ga. Nuclear power is getting a second look from congressional lawmakers as energy costs soar across the country, supply chain problems continue and President Biden pushes a robust climate change agenda to curb greenhouse gas emissions by …

State regulators approve Xcel plan that shifts from coal to nuclear energy, renewables

Xcel Energy’s Prairie Island nuclear power plant at Red Wing. Company wants to close its coal plants by 2030, extend the life of its Monticello reactor by 10 years and add new solar and wind farms. Minnesota utility regulators on Tuesday unanimously approved Xcel Energy’s long-term plans for power generation, which are aimed at reducing …

Kazakhstan is in strong need of nuclear power station – president

Kazakhstan is in strong need of nuclear power station, Kazakhstan’s President Kassym-Jomart Tokayev said in opening remarks at the extended meeting of the government, Trend reports referring to the Kazakh government. “Last year we faced a fairly serious energy crisis. There was a shortage of diesel fuel, jet fuel, liquefied petroleum gas, and electricity. This happened due …

Biden administration restores Iran sanctions waiver as time runs out to salvage nuclear deal

The Biden administration has restored a sanctions waiver that will allow countries to cooperate with Iran on civil nuclear projects, two senior US officials said Friday, a move that comes as US officials warn that there are only weeks left to salvage the 2015 Iran nuclear deal. The senior State Department official said the waiver …