EU drafts plan to label gas and nuclear investments as green

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The European Commission is expected to propose rules in January deciding whether gas and nuclear projects will be included in the EU “sustainable finance …

Provinces’ next step on building small nuclear reactors to come in the new year

Four provinces are exploring how to harness nuclear energy. Clockwise from top left are Saskatchewan Premier Scott Moe, Ontario Premier Doug Ford, New Brunswick Premier Blaine Higgs and Alberta Premier Jason Kenney. (CBC) Alberta joined Saskatchewan, Ontario and New Brunswick in team effort to harness nuclear energy Alberta’s ministry of energy says the four provinces cooperating …

Commodities 2022: Nuclear energy advocates see new climate focus buoying industry

Infrastructure bill funds two reactors, including one in Wyoming Legislation includes $6 billion in credits for merchant nuclear units One new reactor expected to come online in 2022, one to retire The current focus on climate change has changed the conversation on nuclear energy, creating momentum for public and private sector action in 2022 to help push …

NuScale Power to Partner with U.S. Trade and Development Agency to Conduct SMR Licensing Gap Analysis in Ukraine

Today, NuScale Power announced the company will provide technical assistance for a Ukraine small modular reactor (SMR) licensing gaps analysis as part of a grant awarded to the Science and Technology Center in Ukraine (STCU) by the U.S. Trade and Development Agency (USTDA). The USTDA grant will be instrumental in supporting the licensing and deployment …

Nuclear Energy for Climate Change Mitigation to Benefit Several Countries, New Studies Show

Countries from Armenia and Ghana to Poland and Turkey show significant potential for using nuclear energy to slash greenhouse gas (GHG) emissions and meet climate change goals including those agreed at the COP26 climate summit, according to national research conducted in a three-year project coordinated by the IAEA. The findings of the Coordinated Research Project (CRP) …

Ontario’s Nuclear Supply Chain Secures Agreement for a Major Investment

Provincial leadership on nuclear energy creating jobs and helping reduce global emissions The Ontario government is building Ontario by attracting jobs and investment, including in our world-class nuclear supply chain. Today, GE Hitachi Nuclear Energy (GEH), BWXT Canada Ltd. (BWXT Canada) and Synthos Green Energy (SGE) announced their intention for BWXT Canada to build key components, here …

International Atomic Energy Agency Director General Witnessed Progress of Barakah Nuclear Energy Plant

– Rafael Mariano Grossi praises the UAE Peaceful Nuclear Energy Program highlighting nuclear energy as an indispensable part of the solution to the climate crisis The Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, has visited the Barakah Nuclear Energy Plant in the Al Dhafra region of Abu Dhabi Emirate. Mr. Grossi …

Nuclear: The ultimate ESG conundrum

There is no doubt nuclear energy can help in the transition to a low carbon economy; however, the issue remains a divisive topic for countries across Europe. This has been enough to put ETF issuers and index providers off so far, but could we see a change in mentality? The struggle to reach a common …

US officials eye fuel supply for advanced nuclear reactors

U.S. officials say the development of commercial advanced nuclear reactors intended to help combat global warming and enhance national security will need a better supply of the right type of nuclear fuel The development of commercial advanced nuclear reactors intended to help combat global warming and enhance national security will need a better supply of …