The government will spend 399.2 billion won ($321 million) over the next six years to foster small modular reactor (SMR) businesses. The plan to develop the country’s new growth driver has gained serious traction after passing the government’s feasibility test which is required for large, long-term state-run projects, the science and industry ministries said Wednesday.SMRs …
The meltdown of the Fukushima nuclear power plant in 2011 essentially put the nail in the coffin of the construction of big nuclear power plants with similar technologies in the U.S., according to nuclear proponents and watchdogs. That disaster, along with earlier accidents, ongoing delays and cost overruns at the Vogtle nuclear plant in Georgia, …
Ukraine’s Energoatom has taken a UAH1.5 billion (USD51 million) loan from Ukrgasbank to buy more nuclear fuel from Westinghouse. It follows the energy giant’s decision to stop using Russian fuel earlier this year. In a statement Energoatom said “the borrowed funds will increase the purchase of American fuel and ensure the efficient operation of Ukrainian …
A Wisconsin utility executive is stepping up his sales job for the idea of adding a new nuclear power plant in the state. The proposal has supporters and critics. The two reactors at the Point Beach nuclear plant north of Manitowoc continue to generate electricity, including for We Energies customers. There’s even a controversial proposal to keep …
The governor of Japan’s Niigata prefecture easily defeated his anti-nuclear opponent in an election on Sunday, public broadcaster NHK said, a result that could embolden members of the ruling party who are pushing for the country’s largely idled nuclear energy plants to be revived. Hideyo Hanazumi, who was backed by Prime Minister Fumio Kishida’s ruling …
NuScale Power Corp’s (SMR.N) design for a new kind of nuclear reactor is adequate to protect the project from damage by earthquakes, staff at the U.S. nuclear power regulator said in documents seen by Reuters on Friday. Last month, Reuters reported that Dan Dorman, the NRC’s executive director for operations, ordered agency staff to document their evaluation …
Construction of energy station of Tianwan nuclear power plant, in East China’s Jiangsu Province, designed to provide an industrial steam supply, launched on Friday, the first-of-its-kind project in China. It marks an important step in the diversification of China’s nuclear power use, in addition to electricity generation and residential heating. The steam generated by the …
Japanese prime minister’s remarks come as Ukraine war highlights country’s reliance on Russian oil and gas. Japan will move to restart idled nuclear power plants to make maximum use of nuclear power in order to stabilise energy prices and supply, Prime Minister Fumio Kishida has said. Tokyo will take “concrete steps” to restart plants that …
Gov. Mike Dunleavy on Tuesday signed legislation that could help bring nuclear microreactors to Alaska in the coming years, in an effort to help villages lower high electricity prices. Senate Bill 177, introduced by the governor early this year and passed by the Alaska Legislature, streamlines regulatory procedures so that Alaska communities can pursue using the …
The president and CEO of Dairyland Power Cooperative says integrating nuclear power is necessary to reach carbon emission reduction goals. “The bottom line is, if we are for a less-carbon future, if you are against carbon, you need to be for nuclear. I don’t know a simpler way to put it,” Brent Ridge said yesterday …
