US energy developer backed by a fund linked to Elon Musk the latest that wants to build nuclear power plant in Wales

A company backed by investor in Elon Musk’s businesses is the latest to say that it wants to build a nuclear power plant in Wales. Last Energy is now the third company that wants to build nuclear power plants in Wales, having settled on a not yet named site within the country. They would join …

Britain could build seven nuclear power stations, minister says

Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine, Business Secretary Kwasi Kwarteng told The Sunday Telegraph. “There is a world where we have six or seven sites in the UK” by 2050, Kwarteng told the newspaper. The Sunday Telegraph …

Nuclear Energy (Financing) Bill completes passage through Parliament

The Nuclear Energy (Financing) Bill had its third reading, a chance for members to make sure the eventual law is effective, workable and without loopholes, on Wednesday 30 March.  The Nuclear Energy (Financing) Bill will provide finances for new nuclear power stations by introducing a regulated asset base (RAB), which empowers the economic regulator to levy charges on …

TVA wants comments on OR nuclear reactor proposal by Monday

Public comments on the Tennessee Valley Authority’s proposal to install nuclear reactors at the Clinch River Reactor site in Oak Ridge are due Monday, April 4. TVA has proposed a technology park which would contain one or more advanced nuclear reactors with a cumulative electrical output not to exceed 800 megawatts. Electronic comment submissions are …

Centre gives nod for six reactors at Andhra’s Kovvada nuclear power plant

The Centre has given in-principle approval for six new reactors at Kovvada nuclear plant in Andhra Pradesh. The overall estimated investments in Kovvada project would be as high as two lakh crore. Centre has given in-principle approval for setting up six reactors of 1,208 MW each at Kovvada nuclear power plant in Andhra Pradesh’s Srikakulam. …

No nuclear fuel imports in FY22, 133 fuel assemblies to be imported in FY23: Govt

For financial year 2022-23, India plans to import 133 units of fuel assemblies and 100 metric tonne unit of natural uranium in the form of Uranium Ore Concentrate. The government informed the Parliament on Wednesday that no nuclear fuel is scheduled to be imported during the current financial year. For financial year 2022-23, India plans …

Boris Johnson claims new nuclear plants could be in operation by 2030 as he backs offshore wind expansion

The Prime Minister hints at details contained in Government’s delayed energy strategy as he is grilled by MPs on the Liaison Committee Offshore wind and nuclear power could be the key to the future energy plans of the UK, Boris Johnson told MPs. The Prime Minister hinted at the details contained in his delayed energy strategy as he was …

The U.S. is miles away from true energy independence, and it’s not because of oil

After Russia’s invasion of Ukraine began in late February, global energy costs skyrocketed, and U.S. consumers were hit with record high prices at the gas pump. President Biden banned Russian oil imports and was quick to call for U.S. “energy independence” as Americans felt the sting of inflation rates not seen in four decades due in large part to energy …