The ongoing UN Climate Change Conference (COP26) in Glasgow has underlined how increased adoption of low-carbon energy sources will be key to reducing global emissions. While it is not without its detractors, many agree that nuclear power has a role to play in this. Countries such as Austria and New Zealand are staunch opponents of …
London: Rolls-Royce says the AUKUS security agreement between Australia, the United Kingdom and the US paves the way for Australia to embrace small modular nuclear reactors. This week Rolls-Royce announced it had raised nearly £500 million ($915 million) in government and private equity funding to build its small modular reactor design. Currently, no such reactors exist …
Some Californians and powerful scholars are trying to resurrect nuclear energy in the state from the dead. They want PG&E Corp. to keep its Diablo Canyon plant in operation past its planned closure for 2025. The reason: California cannot meet its climate change obligations without it. The Massachusetts Institute of Technology and Stanford University have …
A person riding a tricycle with an umbrella during snowfall in China’s eastern Shandong province. More than 200,000 residents of Haiyang city in the eastern coastal province of Shandong, China have begun to receive nuclear power-generated central heating for winter. (AFP) The residents of Haiyang city in the eastern coastal province of Shandong, China have …
Turkey will swiftly start preparations for its second and third nuclear power plants, the country’s president said Tuesday. These will follow the country’s first nuclear power plant, Akkuyu, which is being built in the southern Mersin province. “We are carrying out our studies considering the growing energy needs. We plan to commission the first unit …
· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids · Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050 · Only Generation IV reactor technology will improve the economics of nuclear power …
Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project. The consortium of South Korea, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., …
The House on Friday approved a $1.2 trillion bipartisan infrastructure bill that includes about $65 billion for grid infrastructure and $50 billion for cyber and climate resilience over five years. Approved by the Senate in August, the bill now heads to President Joe Biden. Utility and renewable energy trade groups heralded the bill’s passage on Friday, …
Irish Commissioner under pressure amid global warming and energy crisis Ireland’s EU Commissioner Mairead McGuinness is under pressure to reclassify nuclear power as “green energy”, giving it a central role in the battle against global warming and easing Europe’s energy crisis. Commissioner McGuinness hopes to decide in the coming weeks on a controversial move which …
Rolls-Royce (LSE:RR., ADR:RYCEY) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a …
