File photo. A vessel passes by the Cernavoda nuclear powerplant, in background, while navigating on the Danube-Black Sea channel, near Cernavoda city at 170 km south-east from Bucharest, Monday 25 August 2003. [Robert Ghement/EPA/EFE] Romania announced Wednesday (9 November) that the United States will provide funding worth more than $3 billion for the construction of …
IAEA Director General Rafael Mariano Grossi spoke with Fatih Birol, Executive Director of the International Energy Agency (IEA), at the IAEA event, ‘Affordability, Resilience and Security of Energy Supply’, which took place that the IAEA-led COP27 #Atoms4Climate pavilion. (Photo: IAEA) IAEA Director General Rafael Mariano Grossi led a panel of officials from around the world in …
Nuclear energy supporters including politicians and activists sought to polish the industry’s spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world. Rising concerns about the swift pace of climate change and tight power supplies around the globe have softened some …
Nuclear power will ultimately make up 30-35 percent of Poland’s energy mix while the rest will mostly come from the renewable energy sources, the development and technology minister has said. Waldemar Buda told the Republika TV station on Tuesday that “in 10-12 years our energy mix will look completely different from today.” “A nuclear power …
The federal government’s inclusion of small modular reactors (SMRs) amongst clean energy technologies eligible for a new investment tax credit has been greeted as a clear signal that it considers nuclear power to be “clean energy” on a par with all other low-carbon technologies. The 2022 Fall Economic Statement was released on 3 November by Deputy Prime …
Hinkley Point C (Hinkley) could have saved households over £4bn in energy bills this winter, argued one of the leading financing experts in the nuclear industry. Julia Pyke, director of Sizewell C (Sizewell) financing and economic regulation, told Parliament that if the Somerset-based nuclear power plant was already in the UK’s energy mix – it …
Westinghouse of the US gets the nod to build the country’s first nuclear power plant. U.S. nuclear power technology provider Westinghouse will build Poland’s first reactor by 2033, Prime Minister Mateusz Morawiecki said Wednesday. “We assume the overall cost at around $20 billion,” he told reporters, adding: “The upfront capital investment is big but once a nuclear …
4. This graphic visualizes the thorium-based molten salt reactor (TMSR-LF1) engineering design. A 2-MWth version of the TMSR is under commissioning in China. Courtesy: SINAP China’s Ministry of Ecology and Environment on Aug. 2 gave Shanghai Institute of Applied Physics (SINAP) the green light to commission the experimental 2-MWth thorium-based molten salt reactor (TMSR-LF1) at …
As countries rethink their energy policies, nuclear energy is back in the conversation Following almost a decade of bearish sentiment, nuclear is making a comeback. “The road of nuclear energy has been a very bumpy one,” said Nick Piquard, portfolio manager and options strategist with Horizons ETFs Management (Canada) Inc., speaking at the ETFinsight Conference …
The Japanese government plans to consider developing and building next-generation nuclear reactors. One of them is known as a high-temperature gas-cooled reactor. One feature of such a reactor is the use of helium gas to cool the reactor’s core. That theoretically makes it possible to extract extreme heat in an efficient manner compared with existing …
