Nuclear accord signed between USA and Philippines

The USA and the Philippines have signed a civil nuclear cooperation agreement – known as a 123 Agreement – that will allow the transfer of nuclear energy-related materials and components between the two countries. Formal cooperation agreements are required between countries that want to trade nuclear power goods and services, and those involving the USA …

Poland Wants US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says

Poland’s incoming administration is set to pile pressure on foreign companies in the country’s nascent nuclear energy program to buy an equity stake in the venture. Grzegorz Onichimowski, the chief energy adviser to the Civic Platform party, said the already chosen US partners, Westinghouse Electric Co. and Bechtel Group Inc., should take at least a …

Agreement on post-ARENH nuclear electricity pricing

The French government and state-owned EDF have reached an agreement to regulate the price at which the utility’s nuclear-generated electricity is sold to an average of EUR70 (USD76) per MWh once the current ARENH mechanism expires at the end of 2025. Currently, under the so-called Regulated Access to Incumbent Nuclear Electricity (Accès Régulé à l’Electricité Nucléaire …

How India Is Shifting Its Nuclear Power Plans Into High Gear

The country needs to decarbonise. Its renewables face charges of intermittency. Is nuclear the answer? On December 14 last year, Union minister of state for Atomic Energy and Space Jitendra Singh made an announcement with far-reaching consequences. In a written reply to the Lok Sabha, Singh said the Bharatiya Janata Party-led NDA government will commission …

Illinois lawmakers approve plan to allow small-scale nuclear development

Lawmakers on Thursday approved a proposal that would allow companies to develop new nuclear power generation in Illinois for the first time since 1987. House Bill 2473 does not entirely lift the 36-year-old moratorium on nuclear construction. Instead, it creates a regulatory structure for the construction of small modular nuclear reactors, or SMRs. The bill limits …