S. Korea moves to revitalize nuclear energy as AI boom drives up electricity demand South Korea will begin the process of extending the operating lifespan of Wolseong Nuclear Power Plant Units 2, 3 and 4, which previously had been on track for closure within the next two to five years. This means that all ten …
The U.S. Department of Energy (DOE) today released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would create additional higher paying jobs at the plant, create hundreds of additional jobs …
TerraPower announced today the submission of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the NatriumTM reactor1 demonstration project. TerraPower is the first to submit its construction permit application for a commercial advanced reactor to the NRC. TerraPower is leading the way in bringing the next generation of nuclear energy to market. TerraPower …
The UK should have done more to boost nuclear power “years ago” and is “running to catch up”, a minister has conceded. Andrew Bowie, the nuclear minister, said he made “no bones” about the fact the Government is making up for lost ground with new funds for skills and jobs aimed at shoring up Britain’s energy security …
Cheap low-carbon energy? What’s not to love… The land surrounding a nuclear power plant might not sound like prime real estate, but as more bit barns seek to trim costs, it’s poised to become a rather hot commodity. All datacenters are energy-hungry but with more watt-greedy AI workloads on the horizon, nuclear power has fresh …
South Korea’s Ministry of Science & ICT (MSIT) has signed a memorandum of understanding with eight Korean companies to cooperate on the development of next-generation nuclear reactors. “While nuclear power is emerging as a core strategic technology due to the global climate crisis and reorganisation of the energy supply chain, competition for next-generation nuclear reactors …
In the shadow of a massive monument glorifying nuclear power, over 30 nations from around the world pledged to use the controversial energy source to help achieve a climate-neutral globe while providing countries with an added sense of strategic security. The idea of a Nuclear Energy Summit would have been unthinkable a dozen years ago …
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s. On March 19, Nucor, Microsoft and Google announced the Advanced Clean Electricity request for information, or RFI, a joint initiative to stimulate development and deployment of reliable, low- or zero-carbon electricity generation technologies like advanced …
Shuttering of New York facility raises awkward climate crisis questions as gas – not renewables – fills gap in power generation When New York’s deteriorating and unloved Indian Point nuclear plant finally shuttered in 2021, its demise was met with delight from environmentalists who had long demanded it be scrapped. But there has been a …
Constellation Energy has issued the first corporate green bond in the USA that can be used to finance nuclear energy projects. The company will use proceeds from the USD900 million, 30-year term offering, for investments such as maintenance, uprates and life extensions of its nuclear power plants. A green bond is a financial instrument that …