Westinghouse pursues U.S. nuclear expansion after Trump orders, FT reports

Nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company’s CEO. President Donald Trump’s executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licences for reactors and …

South Africa will reactivate the PBMR small modular reactor project – Minister

South Africa is lifting its Pebble Bed Modular Reactor (PBMR) out of care and maintenance, Electricity and Energy Minister Dr Kgosienstsho Ramokgopa has confirmed, almost in passing. He was delivering the keynote address at the Enlit Africa 2025 conference, at the Cape Town International Convention Centre. The PBMR is a small modular nuclear reactor (SMR). It was …

Economic & job creation benefits of investing in nuclear highlighted in new report

Brussels, 5 June 2025: 150GW of installed nuclear capacity in the EU by 2050 would generate over €330 billion (Bn) in annual economic output and support nearly 1.5 million (Mn) jobs across the EU, according to a report by Deloitte (commissioned by nucleareurope). The conclusions of this report further demonstrate the broader value which nuclear …

Meta’s Nuclear Deal Underscores the Looming Gap for AI’s Power Needs

Meta’s Nuclear Deal Underscores the Looming Gap for AI’s Power Needs  Meta Platforms Inc.’s flashy deal this week for nuclear power was just the latest sign of the technology industry’s need for more energy — and fast. And while the top US reactor companies are eager to sign more contracts, the big question remains: Will …

Nuclear boom propels Doosan to 7th among Korea’s largest chaebol groups

Doosan Enerbility eyes global expansion as US, Europe reignite nuclear ambitions Doosan Group, a Korean power generation-to-heavy equipment conglomerate, has shaken up the leaderboard of the country’s largest conglomerates as its listed companies, namely Doosan Enerbility, saw their stock prices surge in the first five months of this year on the back of the United …

Finalized $18B Czech nuclear plant deal opens door to European market for Korea

Korea finalized a major deal to export nuclear reactors to the Czech Republic, a breakthrough that marks the country’s first entry into the European nuclear power market and underscores global recognition of Korea’s nuclear technology. Korea Hydro & Nuclear Power (KHNP) announced Thursday that it had signed a contract with EDU II, a subsidiary of …

Allseas aims for rapid SMR deployment

The company has selected high-temperature gas-cooled reactors (HTGRs), using tri-structural isotropic – or TRISO – particle fuel, with a power output of about 25 MWe. It said it selected this small modular reactor (SMR) technology “due to their inherently safe characteristics”. In the first year, Allseas aims to finalise initial design studies for offshore and …

Trump and Meta’s nuclear deals address the AI-fueled energy crisis. But can U.S. uranium supply meet demand?

Nuclear-power demand is set to grow with Meta-Constellation deal The four executive orders recently signed by President Donald Trump help to address the importance and growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be quite a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in …

Nuclear crossroads under Lee Jae-myung: A slow fade or qualitative leap?

The inauguration of Lee Jae-myung is fueling renewed concerns that the nuclear energy industry may once again face setbacks in its path to revitalization, given that the newly elected president from the liberal Democratic Party views nuclear energy as a “hazardous and unsustainable source.” Though he didn’t entirely rule out nuclear power energy and voiced openness …

Energy Meta signs nuclear power deal with Constellation Energy

Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation’s Clinton Clean Energy Center in Illinois. Without Meta’s backing, the plant was in danger of premature closure. Tech companies, including Amazon, Google and Meta, signed a pledge …