A group of the world’s biggest banks said Monday they will increase support for the expansion of nuclear power, according to the Financial Times. The banks, including Barclay’s, Bank of America, Citi, Morgan Stanley, BNP Paribas, and Goldman Sachs will make the formal announcement later Monday at an event with White House climate policy advisor John …
The industry associations representing the global nuclear industry are calling on multilateral development banks, such as the World Bank, to include nuclear energy in their investment portfolios as part of efforts to accelerate the deployment of new nuclear projects to help address the climate crisis. In a communiqué issued to mark the Government-Industry ‘Roadmaps to …
Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges. The owner of the shuttered Three Mile Island nuclear plant in Pennsylvania will invest $1.6 billion to revive it, agreeing to sell all the output to Microsoft Corp. as the tech titan seeks carbon-free electricity for data centers to power the artificial …
Japan may still be grappling with the far-reaching consequences of the Fukushima nuclear disaster, but the politicians vying to be its next leader agree on one thing: the country needs more atomic power. The ruling Liberal Democratic Party will choose its new chief next week, who will also become prime minister. Most of the …
New nuclear power plants in Georgia have helped flip the state’s power mix so that electricity from clean energy sources has exceeded fossil fuel electricity output for the first time. Georgia’s higher nuclear generation has in turn helped to slash the carbon intensity of power generation within the Southern Services power system, which produces electricity …
Leaders from the United States, Canada, France, Japan, and the United Kingdom, referred to as the Sapporo 5, released the following joint statement today on the margins of the 68th International Atomic Energy Agency (IAEA) General Conference in Vienna, Austria: Sapporo 5 Investments for Nuclear Fuel Security Recognizing the critical need for nuclear energy to achieve …
Inspection of Palisades Containment Building dome and structural tendon system The Holtec Palisades team continues to build upon the momentum of recent progress at the Palisades Nuclear Power Plant in Covert Township, Michigan. As reported in the August 29 issue of this bulletin, these advancements have included initial accreditation for our Operations and Maintenance & Technical training …
Rwanda is negotiating with Russia’s Rosatom regarding the establishment of a nuclear science and technology center and the potential construction of a low-power nuclear power plant. Russia’s new ambassador to Kigali Alexander Polyakov has announced this in an interview with TASS. “I hope the Rosatom delegation’s visit will take place soon, although the initial timing has …
The Govt has also approved an exemption to NPCIL to invest more than Rs.500 Cr. and exemption to NTPC to invest more than Rs. 5000 Cr. in a single JV/Subsidiary Company. The Government on September 11, 2024, accorded approval to the Anushakti Vidhyut Nigam Ltd. (ASHVINI), a Joint Venture (JV) of Nuclear Power Corporation of India …
India has envisaged a significantly greater role for nuclear power over the next two decades to ensure the dual challenge of energy security and climate goals is met, Atomic Energy Commission Chairman Ajit Kumar Mohanty has said. Addressing the 68th General Conference of the International Atomic Energy Agency (IAEA) in Vienna on Monday, Mohanty also …
