The Biden administration is pushing lawmakers to support a $4.3-billion plan to buy enriched uranium directly from domestic producers to wean the US off Russian imports of the nuclear-reactor fuel, according to a person familiar with the matter. Shares of uranium companies surged. Energy Department officials have met with key congressional staff, where they said such funding …
A joint study by Vietnamese power engineering consultancy PECC2, Denmark’s Seaborg, designer of power barges using compact molten salt reactors (CMSRs) and manufacturer Siemens Energy looked at the case for floating nuclear power plants to provide electricity as well as hydrogen and ammonia production. The preliminary report sets out the milestones which would be needed …
After the signing, there was a visit to Angra 3 (Image: Eletronuclear) Brazil’s Eletronuclear and France’s EDF signed a fresh Memorandum of Understanding (MoU) valid for five years promoting mutual cooperation in the development of nuclear energy projects. It is a renewal of a previous cooperation agreement from 2018, but with expanded scope and includes …
Carlo Arcilla, director of the Department of Science and Technology, said the advanced nuclear reactors could provide the country with continuous energy with zero pollution. As the incoming administration of President-elect Ferdinand Marcos Jr. considers the inclusion of nuclear power in the country’s energy mix, the government’s nuclear science chief is pushing for the adoption …
Japan will move forward with the safe restart of nuclear power plants and include strict examinations in its nuclear regulatory oversight, the final draft of its annual economic policy outline seen by Reuters showed. The government aims to speed up decarbonisation and improve energy self-sufficiency, and the use of power sources with a high decarbonisation …
Reports $383.7 million of total capital available to fund strategic growth plan, including upsized $341 million raised through successful merger with Spring Valley Acquisition Corporation Maintains significant commercial momentum year-to-date with three new active engagements in the United States and Europe, expanded coalition of strategic partners and investors in the U.S., South Korea and Japan, …
The governor of a prefecture in western Japan has made clear his intention to agree to the restart of a reactor at a nuclear power plant in the prefectural capital. Shimane Governor Maruyama Tatsuya told a prefectural assembly meeting on Thursday that he would give the nod to bringing back online the No.2 reactor at …
The government of Saudi Arabia sent an inquiry last week on the construction of two 1.4 GW nuclear power plants. The inquiry was sent to South Korea, France, China and Russia and the project size is estimated at 12 trillion won. According to industry sources, the Saudi government sent it to South Korea because the …
The government will spend 399.2 billion won ($321 million) over the next six years to foster small modular reactor (SMR) businesses. The plan to develop the country’s new growth driver has gained serious traction after passing the government’s feasibility test which is required for large, long-term state-run projects, the science and industry ministries said Wednesday.SMRs …
The meltdown of the Fukushima nuclear power plant in 2011 essentially put the nail in the coffin of the construction of big nuclear power plants with similar technologies in the U.S., according to nuclear proponents and watchdogs. That disaster, along with earlier accidents, ongoing delays and cost overruns at the Vogtle nuclear plant in Georgia, …