France bets €1bn on startups building bus-sized nuclear reactors to fight climate change

After years of playing defence, the nation’s nuclear industry is seizing its startup moment After years of trying to reduce its dependence on nuclear power, France has radically changed its tune, betting heavily on the sector to help reach its climate goals. The French government has committed €1bn as part of its France 2030 plan to support …

Seismic Challenge: Oil Leak and Damage at Japan’s Shika Nuclear Plant Post Earthquake

In an unprecedented event unfolding in Japan’s Ishikawa Prefecture, the Shika nuclear power plant (NPP), operated by Hokuriku Electric Power Company, suffered a significant oil leak and damage following a powerful earthquake and a series of aftershocks on New Year’s Day. The 7.6-magnitude earthquake, the strongest recorded in the Noto Peninsula region since 1885, sent …

Russia, India sign Kudankulam agreements

Agreements linked to the construction of new reactors at the Kudankulam site in Tamil Nadu were signed during a five-day visit to Moscow by India’s Minister of External Affairs Subrahmanyam Jaishankar. The agreements on Kudankulam were signed during a 25 December meeting on bilateral economic cooperation between Jaishankar and Russia’s Deputy Prime Minister Denis Manturov. …

Japan lifts operational ban on world’s biggest nuclear plant

 Japan’s nuclear power regulator on Wednesday lifted an operational ban imposed on Tokyo Electric Power’s (9501.T) Kashiwazaki-Kariwa nuclear power plant two years ago, allowing it to work towards gaining local permission to restart. Tepco has been eager to bring the world’s largest atomic power plant back online to slash operating costs, but a resumption still needs consent …

Regulator accepts Diablo Canyon licence renewal application

Pacific Gas & Electric (PG&E) can operate the two-unit Diablo Canyon nuclear power plant in California beyond the expiry of their current licences (2024 and 2025, respectively) following the acceptance of PG&E’s licence renewal application by the US Nuclear Regulatory Commission (NRC). PG&E filed the application on 7 November, seeking to extend the plant’s operating …

Documents Reveal Hidden Problems at Russia’s Nuclear Powerhouse

As Russian troops poured into Ukraine at the start of Vladimir Putin’s invasion in February last year, alarm was rising at a flagship Kremlin nuclear project in neighboring Belarus, just a short distance from the European Union’s border. Engineers at Rosatom Corp. preparing a new 1,200-megawatt reactor, which was not yet connected to the power grid, to generate …

Russia Uranium Supplier Warns US Clients to Brace for Ban

Tenex, a Russian state-owned uranium company, is warning American customers that the Kremlin may preemptively bar exports of its nuclear fuel to the US if lawmakers in Washington pass legislation prohibiting imports starting in 2028, according to people familiar with the matter. Tenex’s US subsidiary has told electric companies including Constellation Energy Corp., Duke Energy …