The US Department of Energy (DOE) is teaming up with GE Hitachi Nuclear Energy (GEH) and providing USD5.8 million in funding for a project to demonstrate how three construction technologies from other industries can be applied to advanced reactor designs, to improve the economics of bringing advanced reactors to market. The Advanced Construction Technology (ACT) …
Kazatomprom plans to maintain 2023 uranium production at a similar level to 2022, which it says would remove up to 5,000 tU from anticipated global primary supply. The Kazakh company also said its sale of a 49% share of Ortalyk LLP to a subsidiary of China General Nuclear Power Corporation (CGNP) will now be completed …
The U.S. nuclear power regulator has approved production of uranium fuel that is far more enriched than fuel for conventional nuclear power plants, the company aiming to make the material said on Monday. The fuel is known as high-assay, low-enriched uranium, or HALEU. Nonproliferation experts are concerned about the fuel as it is easier to …
In a review of Spain’s energy policy, the International Energy Agency (IEA) says the country should consider the usefulness of nuclear energy, including for non-electricity applications, for diversifying technical options to achieve long-term carbon neutrality by 2050. Under Spain’s current policy, operation of its fleet of seven nuclear power reactors will be phased out by …
The USA will need its existing nuclear power plants to help meet the Biden Administration’s net zero by 2035 pledge, White House National Climate Advisor Gina McCarthy said yesterday during a webinar held by Columbia University Centre on Global Energy Policy. Last month, President Joe Biden announced a target to cut US emissions by 50%-52% …
Chinese President Xi Jinping and his Russian counterpart Vladimir Putin will jointly witness the opening ceremony of the two countries’ nuclear energy cooperation project via video link on Wednesday (May 19). The smooth kick-off of the project will promote the upgrading of bilateral ties, Foreign Ministry spokesman Zhao Lijian said on Tuesday. Mr Zhao said this …
World leaders have a critical opportunity at the G7 and Pre-COP summits “to set a bold new direction” in the fight against climate change, six nuclear industry groups say in an open letter published today. The letter was signed by the heads of the Canadian Nuclear Association, Europe’s Foratom, the Japan Atomic Industrial Forum, the …
The UK’s Department for Business, Energy and Industrial Strategy (BEIS) yesterday opened the Generic Design Assessment (GDA) to advanced nuclear technologies. BEIS has also published a policy paper stating that the advanced nuclear sector has the potential to play an important part in the UK’s Industrial Strategy. GDA is a process carried out by the …
Mining companies need to invest nearly $1.7 trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie. The United States, Britain, Japan, Canada and others raised their targets on cutting carbon emissions to halt global …
The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of “production tax credits,” would likely be swept into …
