‘The West will lead’: Utah, Idaho, Wyoming team up on nuclear energy development

States agree to coordinate on development of critical energy infrastructure, as well as navigating regulatory and environmental challenges Utah state leaders are taking the next steps in their efforts to make Utah a major nuclear energy development hub and a “national leader” in developing next-generation energy technology, reaching beyond state lines to do it. It …

Massive blackout reignites culture war over the future of nuclear energy in Spain

While the opposition insists on keeping the power plants open beyond the scheduled timeline, the government closes ranks around renewables The unprecedented blackout that struck mainland Spain and Portugal earlier this week has reignited the cultural and political battle over the future of nuclear energy. Spain’s current energy roadmap — endorsed by the European Commission — outlines …

Russia Will Fund New Nuclear Plants In Iran

In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …

Considerable investment in development of OL1 and OL2 plant units in Olkiluoto

The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …

India needs to fast-track nuclear power projects, government committee urges

 India must accelerate execution of nuclear projects, create awareness on their safety and build a strong list of vendors, according to an advisory committee meeting of the country’s power ministry held on Monday. WHY IT’S IMPORTANT In early February, India announced plans to amend its nuclear liability law to boost foreign and private investments, aiming …