Keravan Energia, a Finnish energy utility, has signed an agreement with technology company Steady Energy Oy to develop nuclear-powered district heating. This marks Kerava as the third Finnish city to consider small modular reactor (SMR) technology for heating purposes, following earlier initiatives in Kuopio and Helsinki. Should the project proceed to investment, construction of the …
Electricite de France SA is holding talks with investors over funding for the Hinkley Point C nuclear power plant under construction in the UK, as the French utility grapples with the ballooning cost of the project. EDF is seeking to raise as much as £4 billion ($5.2 billion) through a bespoke financial instrument which would …
Italy is considering U.S. energy group Westinghouse or France’s EDF as potential international partners for a state-backed company that will build advanced nuclear reactors in the country, two sources familiar with the matter said on Thursday. Nuclear-fired power plants are prohibited in Italy following referendums in 1987 and 2011. But the government plans to draft …
At the invitation of Prime Minister Robert Golob, the Director General of the International Atomic Energy Agency (IAEA), Dr Rafael Mariano Grossi, is visiting Slovenia today. His visit began with a meeting with the Prime Minister, followed by participation in a panel discussion on the importance of nuclear energy, chaired by the Prime Minister. The …
Emulating the demand-aggregation approach Boeing used for the 787 Dreamliner could create a “committed orderbook” of 5-10 new reactors of the same design and cut near-term deployment costs, DOE says. Faster-than-expected load growth and Inflation Reduction Act incentives have spurred “a step change in the valuation of the existing [nuclear] fleet and new reactors,” the …
The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of the Italian steelmakers’ association Federacciai, said at a recent hearing in the Chamber of Deputies. This is reported by ANSA. Federation members are following with interest the development of …
Nuclear produces no carbon emissions, but comes with tradeoffs As Alberta grapples with the climate crisis and the need to reduce carbon emissions, it may look to replace the role of fossil fuels in its electricity grid with another controversial energy source — nuclear. Calgary-based company Energy Alberta, which was involved in a previous attempt to bring …
Voters in Kazakhstan, the world’s largest uranium miner, backed the construction of a nuclear power plant in a referendum on Sunday. Kazakhstan’s central election commission said on Monday that 71% of voters cast their ballots in favor of the government plan to build a new reactor. Turnout was about 64%, well above the threshold necessary …
n a first, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW capacity small nuclear plants for private players who will provide both funding and land for the project, a senior government official has said. A development on this front is likely by this year-end or early 2025, the official told PTI. “The …
The ADVANCE Act was necessary but not sufficient to speed nuclear deployments to meet growing electricity demand and “win the AI race,” conference panelists said on Sept. 26. Lawmakers and regulators must do more to build momentum for the U.S. nuclear industry following the enactment of the ADVANCE Act this summer, according to a Sept. 26 panel …
