“We’ll likely have more accidents than existing reactors because it’s a new technology, but these will be accidents and not disasters,” says Troels Schonfeldt, co-founder of Denmark’s Seaborg Technologies. His nuclear power company is one of several developing a new generation of smaller nuclear power plants. Like others in the industry, Mr Schonfeldt wants to …
A Canadian utility sold green bonds to help fund an overhaul of nuclear reactors, a rare use of proceeds that was seen as a test for sustainable debt investors. Bruce Power LP priced C$500 million ($396.8 million) in bonds on Thursday after holding meetings this week to discuss its green financing framework, according to people …
Big Carl, the world’s biggest crane has been in action again at Hinkley Point C. It has placed the first huge steel ring section onto the second reactor building, just 11 months after the same operation on the first reactor. The installation shows how building an identical copy of the first reactor drives efficiency and …
On a conference-room whiteboard in the heart of Silicon Valley, Jacob DeWitte sketches his startup’s first product. In red marker, it looks like a beer can in a Koozie, stuck with a crazy straw. In real life, it will be about the size of a hot tub, and made from an array of exotic materials, …
The second phase of the nuclear energy heating project in Haiyang city, East China’s Shandong Province entered operation on Monday, an important breakthrough in China’s nuclear energy heating strategy, with the city saying goodbye to coal-fired heating, showing that the country has ramped up efforts to promote clean energy residential heating. The nuclear energy heating …
Annual Study Shows Strong and Growing Support for Nuclear Over Four Consecutive Years -As the climate crisis intensifies, the race to adopt clean, sustainable sources of energy is on. But how have American attitudes to nuclear power changed? Would Americans be enthusiastic about updating nuclear power? To answer these questions, ecoAmerica conducted its fourth consecutive American Climate …
TerraPower has chosen the Naughton power plant in Kemmerer as the site of its first Natrium nuclear reactor, the company said Tuesday. The decision comes nearly six months after the nuclear developer and regional utility Rocky Mountain Power announced plans to build the demonstration reactor at one of four retiring Wyoming coal plants. Also in contention were …
The historic Infrastructure Investment and Jobs Act has passed into law. The package provides almost $2.5 Billion dollars through Fiscal year 2025 for the Department of Energy’s contribution to the Advanced Reactor Demonstration Program, which selected X-energy and Terrapower to demonstrate their advanced nuclear reactors before the end of the decade. Each company will split …
The ongoing UN Climate Change Conference (COP26) in Glasgow has underlined how increased adoption of low-carbon energy sources will be key to reducing global emissions. While it is not without its detractors, many agree that nuclear power has a role to play in this. Countries such as Austria and New Zealand are staunch opponents of …
The second reactor of the High Temperature Gas Cooled Reactor-Pebble-bed Module (HTR-PM) at the Shidaowan plant in China’s Shandong province has reached criticality for the first time, China Huaneng has announced. The first of the unit’s twin reactors achieved first criticality in September. According to China Huaneng – the lead organisation in the consortium to …