Government holds crunch talks with industry giants over the future of British nuclear energy

  The key nuclear power players have been called in by the Government for crunch talks on plans to meet Britain’s energy demands with new small reactor technology, amid mounting fears over delays and Whitehall paralysis. Industry giants including NuScale, Rolls-Royce, Hitachi and Westinghouse have been summoned by ministers in a bid to reignite interest …

Toshiba’s $8.8bn loss reignites fears over Cumbria nuclear project

The Japanese consortium behind the UK’s largest planned new nuclear project has unveiled an annual loss of almost $9bn (£6.9bn), underlining the stark risks of the Government’s high-cost nuclear ambitions. Toshiba has delayed publishing its full-year results while teams of auditors pore over the financial damage wrought by the collapse of its US-based nuclear developer …

Securing power in the South China Sea: Beijing’s plans for floating nuclear reactors get US$150 million boost

China has announced plans to bolster its maritime nuclear capabilities with the creation of a major new joint venture project, which could also provide the catalyst for the development of floating reactors in the South China Sea and beyond. State-owned China National Nuclear Power announced on Thursday it was establishing the new company – with …

Turkey to expand capacity to meet energy needs with 3 nuclear power plants in action

Striving to diversify energy supply channels as much as possible, Turkey plans to build three nuclear power plants between 2023 and 2030, which are expected to provide 10 percent of domestic electricity consumption, Energy Minister Albayrak said Energy and Natural Resources Minister Berat Albayrak delivered an extensive elaboration of Turkey’s national energy strategy, featuring the …

Long-Term Potential of Nuclear Power Remains High: IAEA Report

Nuclear power’s long-term potential remains high, although its global expansion is projected to slow down in coming years, according to a new IAEA report on International Status and Prospects for Nuclear Power 2017. The decline compared to previous projections is mainly on account of early retirement or lack of interest in extending life of nuclear power …

Japan’s Kashiwazaki-Kariwa Nuclear Power Station Has Addressed Safety Recommendations

An International Atomic Energy Agency (IAEA) team of experts said Japan’s Kashiwazaki-Kariwa Nuclear Power Station has addressed many of the recommendations and suggestions made in a 2015 review, but added that work should continue in some areas. The Operational Safety Review Team (OSART) concluded a five-day follow-up mission from 31 July to 4 August to …

New Plan for Fueling Russia’s Floating Nuclear Plant

Bowing to a campaign of pressure from Bellona and the Norwegian government, builders of Russia’s first floating nuclear power plant have finally agreed not to load its uranium fuel in the middle of St. Petersburg, a city of five million people. Officials with Rosatom, Russia’s state nuclear corporation, had previously planned to fuel the controversial Akademik …