India gives update on nuclear construction projects

Minister of State Jitendra Singh confirmed the government’s plans for 21 new reactors – including those already under construction – and gave an update on the progress of the various projects in a written answer to the Lok Sabha. According to Singh’s statement, the following projects are classed by the government as “under construction”: Kakrapar 3 …

Kepco in talks with Turkey to develop 4 nuclear power plants

A Barakah nuclear power plant in the UAE, the first overseas nuclear project for Korea Electric Power Corporation [YONHAP] The state-run Korea Electric Power Corporation (Kepco) is in discussions with the Turkish government to develop four nuclear power plants worth about 40 trillion won ($30.7 billion). A spokesperson at Kepco said on Thursday that the …

Uranium exploration supported in Canadian critical minerals strategy

The government’s newly released strategy maps out how Canada can seize the “generational opportunity” presented by a global energy transition underpinned by the exploration, extraction, processing, product manufacturing and recycling of critical minerals including uranium. The Canadian Critical Minerals Strategy was released on 9 December by Minister of Natural Resources Jonathan Wilkinson, who said it will position …

Inflation Reduction Act ‘puts nuclear on a level playing field’: Constellation Energy CEO

Constellation Energy CEO Joe Dominguez joins Yahoo Finance Live to discuss completing the separation of Exelon, the energy sector outperforming in the S&P 500, the Inflation Reduction Act, demand for nuclear energy, carbon-free energy, and the climate crisis. JULIE HYMAN: One of the best performers in the S&P 500 this year is kind of a stealth …

SMR siting work progresses in Canada and Czech Republic

The ceremony to mark the start of site preparations for the SMR at Darlington (Image: Doug Ford – Twitter) Site preparation is now under way for Canada’s first grid-scale small modular reactor (SMR) at Ontario Power Generation’s (OPG’s) Darlington site. Meanwhile, an initial geological survey has been completed for a proposed SMR at the Temelín …