Building new nuclear plants is ‘one pathway’ toward a fully electrified system, Energy Minister Todd Smith said in an interview. Ontario is exploring the possibility of building new, large-scale nuclear plants in order to meet increasing demand for electricity and phase out natural gas generation. A report late last year by the Independent Electricity System …
Public Service Enterprise Group will consider “small but important value-added investments” at its nuclear plants, capitalizing on production tax credits in the Inflation Reduction Act, President and CEO Ralph LaRossa said Tuesday. The IRA will “offer our nuclear generation a level of much-needed stability” when the nuclear production tax credit for reactors goes into effect …
For the first time since the triple meltdown at the Fukushima No. 1 nuclear power plant in 2011, an Asahi Shimbun poll has found that a majority of respondents support restarting nuclear plants. The Asahi Shimbun conducted a national telephone survey on Feb. 18-19 in which 51 percent of respondents said they are in favor …
The Estonian government has appointed Edinburgh, UK-based law company Castletown Law to advise it on law and legislation for the country’s advanced civil nuclear energy programme. Last week, Fermi Energia selected GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor for potential deployment in the Baltic country by the early 2030s. Castletown said the work will …
Nine out of the ten advanced reactor designs selected for funding under the U.S. government’s Advanced Reactor Demonstration Program (ARDP) will require advanced fuel, such as high-assay low-enriched uranium (HALEU) and TRIstructural-ISOtropic (TRISO) particles, but there are no commercial suppliers of such fuels currently operating in the United States. U.S. uranium enrichment capability has dwindled …
Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, John Barrasso (R-WY), Ranking Member of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID) introduced the Nuclear Fuel Security Act (NFSA). The bipartisan legislation directs the Secretary of the U.S. Department of Energy (DOE) to establish a nuclear fuel …
Last year, South Korea’s nuclear power plants generated record-high nuclear power. The proportion of energy generated from nuclear power plants was the highest in six years, which is equivalent to that of the pre-nuclear phase-out policy of the former Moon Jae -in administration. According to KEPCO’s “December Electric Power Statistics Month” on Tuesday, last year’s …
A general view of construction work at Hinkley Point C – Finnbarr Webster/Getty Images Nuclear power projects such as Sizewell C in Suffolk will be granted so-called “green” status under plans by Jeremy Hunt to unlock billions of pounds in funding for the industry. The Chancellor is expected to announce the change within weeks as …
New data show exports in the strategic industry jumped more than 20% last year, as long-term projects boost Russian influence. Russia’s nuclear exports have surged since the invasion of Ukraine, boosting the Kremlin’s revenue and cementing its influence over a new generation of global buyers, as the US and its allies shy away from sanctioning …
The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France. Hydrogen is central to Europe’s plans to decarbonise heavy industry, and the rules aim to incentivise investors and industries to shift from hydrogen produced from …