US issues license allowing some transactions with Hungarian nuclear power plant project

The ​United States on ‌Friday issued a Russia-‌related general license allowing certain transactions with the Paks ⁠II ‌civil nuclear power plant project in ‍Hungary, according to the Treasury ​Department website. The ‌license will allow transactions linked to the nuclear power plant project involving some ⁠Russian banks,​ including ​Gazprombank, VTB Bank, and ‍the ⁠Russian central bank, …

Niigata gov. OKs TEPCO’s 1st nuclear reactor restart since Fukushima

Niigata Gov. Hideyo Hanazumi on Friday agreed to the restart of a nuclear reactor at the Kashiwazaki-Kariwa power plant, the first for its operator Tokyo Electric Power Company Holdings Inc. since the 2011 Fukushima accident, one of the world’s worst nuclear crises. Hanazumi made the decision even as he acknowledged that residents of the Sea …

$80B nuclear investment may help revive S.C. project

Efforts to revive a scandal-scarred South Carolina nuclear power project got a major boost from the Trump administration as federal officials announced an $80 billion deal to jump-start new nuclear construction in the U.S. Under the agreement, which was announced Oct. 28, Westinghouse and its corporate owners, Brookfield Asset Management and Cameco, will receive federal …

Egypt Advances Nuclear Ambitions with El-Dabaa Plant Fuel Deal and Reactor Installation

On Wednesday, November 19 2025, Egypt has signed a nuclear fuel purchase order and a broad cooperation agreement with Russia’s State-owned Rosatom for the country’s first nuclear power facility at El-Dabaa, the Egyptian Cabinet announced. The fuel order covers the first reactor core, signalling readiness for further project development, while the cooperation agreement includes joint …

Japan set to restart world’s biggest nuclear power plant: Report

Niigata prefecture governor expected to approve Kashiwazaki-Kariwa nuclear power plant as early as Friday, which will become operational by March 2026, marking 1st reopening of nuclear plant since Fukushima disaster in 2011 ISTANBUL Japan is set to restart the world’s largest nuclear power plant, the Kashiwazaki-Kariwa nuclear power plant in central Niigata prefecture, Nikkei Asia …

Goal to Triple Nuclear Power Needs US and Europe to Match China

A global pledge to triple nuclear power capacity by 2050 has drawn support from two more nations, meaning 33 countries now back efforts to expand the world’s fleet of atomic plants. Senegal and Rwanda signed up to the goal Friday during the COP30 talks in Belém, Brazil, as the World Nuclear Association said its latest assessment indicates the target …

Nuclear energy undergoing resurgence, former Nuclear Regulatory Commission chair says

Nuclear energy is undergoing a new wave of popularity as a carbon-neutral energy source in this era of energy-intensive data centers and artificial intelligence, according to former Nuclear Regulatory Commission chair Chris Hanson. “Public support for nuclear hasn’t been this high in decades, or maybe forever,” he said. “There’s a big interest in nuclear in …

Independent study says significant potential market for SMRs providing net zero solution for 80% of industrial energy use

Urenco publishes small modular reactor report during COP30. The small modular reactor (SMR) market could support the decarbonisation of at least 11 industrial sectors that make up the majority of industrial energy demand by 2050 in North America and Europe with a potential market of 700GW by 2050, an independent study published today has found. …