China National Nuclear Power Co (CNNC) recently unveiled its 2023 investment blueprint, worth of 80.02 billion yuan ($11.58 billion), which is a near 60 percent of year-on-year increase, also marking the highest annual investment since it was listed on the stock market. According to the announcement, the annual investment plan was devised based on the …
Small modular nuclear reactors like this design produced by NuScale Power could be the wave of the future, but the technology is still unproven. The Illinois General Assembly is one step closer to lifting the state’s moratorium on the construction of new nuclear power plants. House Bill 1079, proposing to allow such construction, passed out …
Germany will “acknowledge and not oppose” plans to recognise the contribution nuclear energy is making to the EU’s decarbonisation objective, a special advisor to the German Chancellor said on Thursday (9 March). Jörg Kukies, financial market and European policy advisor to German Chancellor Olaf Scholz, told a Parisian crowd at a Jacques Delors Institute panel …
For the past half century a majority of the world’s nuclear power generation capacity has been based in Western Europe and North America, with France and the United States alone accounting for nearly half of the global capacity footprint. Going forward, 85% of prospective capacity additions lie outside those countries, with China, India, Russia and …
A joint resolution passed in the Kentucky Senate last week would see the creation of a nuclear energy development working group in the state. Senate Joint Resolution 79 – which passed unanimously on March 2 – was filed by Republican Sen. Danny Carroll of Benton. A release last week from Kentucky’s Senate Majority Caucus said …
Belgium’s nuclear watchdog has ruled out an extension of the Doel 1, 2 and Tihange 1 nuclear power plants, a proposal that would ensure the security of supply during the winters of 2025 and 2026. Instead, the regulatory body advises depending on the Doel 4 and Tihange 3 reactors to avoid power shortages. In recent …
Fifteen national political advisors submitted a joint proposal to the ongoing two sessions, highlighting the necessity and feasibility of building nuclear power plants in inland areas, strengthening the development of nuclear power, expanding the spatial distribution of nuclear power and promoting the comprehensive use of nuclear energy for heating. The 20th National Congress of the Communist Party …
The U.S. Department of Energy (DOE) today released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment made possible by President Biden’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear reactors across the country. Nuclear reactors are a reliable and consistent energy resource …
An accident at the Fukushima nuclear plant in Japan 12 years ago led countries around the world to question the safety of nuclear energy, but the potential loss of uranium supplies from Russia after its invasion of Ukraine a year ago, and the increased need for low carbon fuel, have served as a wake-up call …
On March 2, 2023 the Nuclear Regulatory Commission (NRC) approved Pacific Gas and Electric Company’s (PG&E) exemption request to allow continued operations at Diablo Canyon Power Plant (DCPP) past the plant’s current licenses. This exemption will allow PG&E, similar to exemptions granted to other utilities, to continue operating both units at DCPP while the company’s …
