World Bank lifts ban on nuclear energy financing

The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting growing electricity demand in developing countries. Banga said in an email to staff that the bank will work closely with United Nations nuclear watchdog, the International Atomic Energy Agency …

Talen to sell Amazon 1.9 GW from Susquehanna nuclear plant

The “front of the meter” arrangement doesn’t require Federal Energy Regulatory Commission approval, according to Talen Energy. Talen Energy has entered into a 1,920-MW power purchase agreement with Amazon Web Services to supply data centers in Pennsylvania from the independent power producer’s majority-owned Susquehanna nuclear power plant, the company said Wednesday. Under the PPA, Talen’s existing …

Slovak Prime Minister Fico threatens veto on EU’s 18th package of sanctions against Russia: what he demands

Slovakia will not support the 18th package of sanctions against Russia without addressing the problems caused by the cessation of gas, oil, and nuclear fuel supplies. The EU may vote on the sanctions on June 20. Slovak Prime Minister Robert Fico threatened not to support the 18th package of EU sanctions against Russia without solving …

Uranium Mining, Nuclear Energy Expansion Bills Headed to Abbott’s Desk

Uranium mining is a top issue for both state and federal officials. President Donald Trump issued an executive order in late May with the stated aim to “accelerate the secure and responsible development, demonstration, deployment, and export” of nuclear technology — a call the 89th Texas Legislature heeded with a bill to amend barriers in the state …

Kazakhstan weighs uranium supplies to Bulgaria

Kazatomprom, the world’s largest uranium producer, is exploring the possibility of supplying uranium to Bulgaria’s nuclear power plant (NPP) and is already in talks with the Bulgarian side, according to Nurlan Zhakupov, CEO of Kazakhstan’s Samruk-Kazyna National Welfare Fund, which controls the uranium company. Zhakupov noted that Bulgaria’s NPP operates two reactor units, offering opportunities for …

US suspends licenses to ship nuclear plant parts to China, sources say

The U.S. in recent days suspended licenses for nuclear equipment suppliers to sell to China’s power plants, according to four people familiar with the matter, as the two countries engage in a damaging trade war. The suspensions were sent to companies by the U.S. Department of Commerce, the people said, and affect export licenses for …

Amazon to spend $20B on data centers in Pennsylvania, including one next to a nuclear power plant

Amazon said Monday that it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice president of global data centers at Amazon’s cloud computing subsidiary, Amazon Web …

Westinghouse pursues U.S. nuclear expansion after Trump orders, FT reports

Nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company’s CEO. President Donald Trump’s executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licences for reactors and …

South Africa will reactivate the PBMR small modular reactor project – Minister

South Africa is lifting its Pebble Bed Modular Reactor (PBMR) out of care and maintenance, Electricity and Energy Minister Dr Kgosienstsho Ramokgopa has confirmed, almost in passing. He was delivering the keynote address at the Enlit Africa 2025 conference, at the Cape Town International Convention Centre. The PBMR is a small modular nuclear reactor (SMR). It was …