Choosing Canadian Generation IV SMR would reward Ontario with once-in-a-generation economic windfall

· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids · Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050 · Only Generation IV reactor technology will improve the economics of nuclear power …

Korea, France and the U.S. Likely to Compete for Polish Nuclear Power Plant Project

Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project. The consortium of South Korea, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., …

Congress approves $1.2 trillion infrastructure bill with funding for transmission, hydrogen and EVs

The House on Friday approved a $1.2 trillion bipartisan infrastructure bill that includes about $65 billion for grid infrastructure and $50 billion for cyber and climate resilience over five years. Approved by the Senate in August, the bill now heads to President Joe Biden. Utility and renewable energy trade groups heralded the bill’s passage on Friday, …

Mairead McGuinness urged to reclassify nuclear power as possible ‘green’ solution for EU

Irish Commissioner under pressure amid global warming and energy crisis Ireland’s EU Commissioner Mairead McGuinness is under pressure to reclassify nuclear power as “green energy”, giving it a central role in the battle against global warming and easing Europe’s energy crisis. Commissioner McGuinness hopes to decide in the coming weeks on a controversial move which …

France’s nuclear sector prepared to build new EPR reactors – EDF

PARIS, Nov 8 (Reuters) – France’s nuclear industry is prepared to construct additional third-generation EPR nuclear reactors within agreed costs and timelines should the government decide to do so, an official of state-owned utility EDF said on Monday. “The nuclear industry is transforming and will stand ready,” Alain Tranzer, a senior engineer in charge of …

This next-generation nuclear power plant is pitched for Washington state. Can it ‘change the world’?

RICHLAND — Near the Columbia River, Clay Sell hopes to launch a new era of nuclear power with four small reactors, each stocked with billiard ball-sized “pebbles” packed full of uranium fuel. Chief executive officer of Maryland-based X-energy, Sell aims to bring the project online by 2028 as part of a broader attempt to develop safer, …

Rolls-Royce announces funding secured for Small Modular Reactors

Rolls-Royce (LSE:RR., ADR:RYCEY) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a …

Westinghouse micro-reactor feasible option for Canada, study finds

The eVinci micro-reactor can provide necessary, clean and cost-competitive energy to decentralised, off-grid markets in Canada, a feasibility report prepared by Bruce Power and Westinghouse has found. The report comes a year after the two companies agreed to explore applications of Westinghouse’s eVinci technology programme within Canada. A 12-page executive summary, providing a market overview of …