US companies join up to lower nuclear investment costs

Duke Energy, Amazon, Google, Microsoft and Nucor have signed agreements on proposed tariffs that would lower the costs of investing in clean energy technologies like new nuclear as they explore new and innovative approaches to support carbon-free energy generation and help utilities serve the future energy needs of large businesses in North Carolina and South …

New Big Nuclear Reactors Get Support From Biden Administration

The White House is throwing its weight behind building large-scale nuclear reactors to help mitigate industry risk associated with the construction of power plants that can cost tens of billions of dollars. During a White House summit on domestic nuclear deployment, the Biden administration announced it is forming an expert group to focus on supporting …

From Virginia To Alaska, Gov. Mark Gordon Touts Wyoming’s Nuclear Revolution

Wyoming Gov. Mark Gordon has been going national this month pushing Wyoming’s desire to be ground zero for America’s next nuclear revolution, from Virginia to Alaska. Just over two weeks ago, Gordon jetted off to southwestern Virginia to see firsthand the corporate headquarters of BWX Technologies Inc. and discuss the company’s collaboration with the Cowboy …

NRA OKs 60-year operations for 2 more reactors at Takahama plant

The No. 3 reactor, left, and No. 4 reactor at the Takahama nuclear power plant in Takahama, Fukui Prefecture (Toshiyuki Hayashi) The Nuclear Regulation Authority on May 29 approved extending the operating lives of two reactors in Fukui Prefecture to 60 years, the seventh and eighth such requests accepted by the nuclear industry watchdog. The …

Russia to build Central Asia’s first nuclear power plant in Uzbekistan

Russia will build a small nuclear power plant in Uzbekistan, the first such project in post-Soviet Central Asia, Uzbek President Shavkat Mirziyoyev said on Monday at a meeting with visiting Russian President Vladimir Putin. The nuclear deal, if implemented, will showcase Russia’s ability to export not only energy, but also high-tech products to new Asian …

Technology for slashing nuclear power plant waste wins Swiss backing

Switzerland has endorsed a long sought-after technology known as “nuclear transmutation” to dramatically reduce the amount of radioactive waste from atomic power plants. Nagra, the Swiss national body that manages nuclear waste, said it had spent several months exploring the method proposed by Geneva-based start-up Transmutex and had concluded that the technology could cut the …

New nuclear power unit starts operations in south China

A new nuclear power unit using Hualong One, a domestically designed third-generation nuclear reactor, has commenced power generation in the southern Chinese port city of Fangchenggang, paving the way for upcoming commercial operations. The Guangxi Fangchenggang Nuclear Power Co., Ltd., under the China General Nuclear Power Corporation, announced that the No. 4 unit at the …

Guangdong to boost nuclear industry

Companies signed 12.5 billion yuan ($1.74 billion) worth of investment agreements to aid the development of the nuclear energy industry in Guangdong province at a conference on Wednesday. The agreements, which are expected to fuel growth in the region’s sector, include nine joint research and development deals, and seven that signal intention to invest. Representatives …