The US Department of Energy has approved a cost-share award of more than USD1 billion for the construction of the first NuScale small modular reactor power plant in the USA. Meanwhile, the US International Development Finance Corporation has signed a Letter of Intent to support NuScale in the development of nuclear generating capacity in South …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …
Most respondents to UxC’s annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said. UxC’s biannual survey asks utilities and …
The U.K. government is considering taking an equity stake in new nuclear stations as part of the financing measures being put forward to try to get at least one more project built. The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, …
US President Donald Trump has declared a “national emergency” to deal with the threat to the USA’s security, foreign policy and economy from its “undue reliance” on supplies of critical minerals from “foreign adversaries”. The country must also expand and strengthen domestic mining and processing capacity for all minerals to guard against the possibility of …
Nuclear power must have a seat at the table in global discussions over energy policies to curb emissions and meet climate goals, as technical and scientific advances open the door to better economics and greater public acceptance of this low carbon source of energy. These are some of the conclusions of this year’s IAEA Scientific …
A partnership with Poland in the development of nuclear energy will be an additional area of close and effective cooperation between the US and Poland, wrote US ambassador to Poland Georgette Mosbacher on Twitter on Tuesday. In her tweet on Tuesday, Mosbacher wrote: “The U.S. is looking forward to our partnership with Poland on advancing …
Energy production and procurement are paramount concerns in most countries, and the US is no exception. And even though many new and long-term issues are taking center stage ahead of November’s election, energy remains an area of particular importance. Currently, 38 percent of America’s electricity is generated using natural gas, and an additional 23 percent …
Brussels’ wish for a relatively rapid decommissioning of the coal-fired power plants of European Union Member States has the potential to create huge imbalances in Bulgaria’s electricity system, writes Borislav Boev, a PhD student at D A Tsenov Academy of Economics. “Over the last few years. the EU has made significant efforts to develop energy …
Today, the U.S. Department of Commerce (Commerce) and the State Atomic Energy Corporation Rosatom (Rosatom), on behalf of the Government of the Russian Federation, initialed a draft amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (Agreement), which was originally signed in 1992. This amendment, if finalized, will extend the …
