Commission authorizes Ontario Power Generation Inc. to operate Pickering Nuclear Generating Station Units 5 to 8 until December 31, 2026

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 …

New nuclear clean energy agreement with Kairos Power

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 …

Japan’s Biggest Business Lobby Calls For Nuclear Power Expansion

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 …

Third city in Finland to pioneer SMR for heating

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 …

EDF Seeks to Raise Up to £4 Billion to Help Fund Construction of UK’s Hinkley Nuclear Plant

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 eyes Westinghouse, EDF as partners for nuclear-power firm, sources say

 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 …

Prime Minister Golob: “Nuclear energy is part of the solution to the climate crisis, not part of the problem”

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 …

DOE proposes serial development approach for nuclear reactors as load growth, IRA boost valuations

Emulating the demand-aggregation approach Boeing used for the 787 Dreamliner could create a “committed orderbook” of 5-10 new reactors of the same design and cut near-term deployment costs, DOE says. Faster-than-expected load growth and Inflation Reduction Act incentives have spurred “a step change in the valuation of the existing [nuclear] fleet and new reactors,” the …

Italian steelmakers follow the development of technologies in nuclear energy

The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of the Italian steelmakers’ association Federacciai, said at a recent hearing in the Chamber of Deputies. This is reported by ANSA. Federation members are following with interest the development of …