The Government of the Russian Federation will allocate about RUB100 billion ($1.3bn) for new nuclear projects, Prime Minister Mikhail Mishustin announced on 11 February. Projects for the creation of new nuclear power facilities will receive about RUB56 billion from the National Wealth Fund (NWF), another RUB40 billion will be allocated from the budget. “We have …
New generation nuclear power stations might be crucial to achieving the target of zero emissions by mid-century and staving off the worst of the climate crisis, a new study published in the journal Nature Energy suggests. Solar power and wind are key to hitting this goal, but they might not be enough without major investments, or in places without …
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 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 …
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 …
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 …
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 …
West Virginia Gov. Jim Justice gives his State of the State speech in the House Chambers in January. West Virginia Gov. Jim Justice on Tuesday signed a bill eliminating the state’s ban on nuclear power plants but cautioned against jumping in to diversify the coal-dependent state’s energy offerings. Justice said in a letter that any …
Funding for the Idaho National Laboratory is expected to double in the span of less than a decade, INL Director John C. Wagner told the City Club of Idaho Falls last week. The INL was “a $1 billion institution” in 2017, Wagner said, but that number rose to almost $1.6 billion last year, and “in …
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 …
