Consumer advocates still have cost concerns, though. The General Assembly will take another look at legislation that would allow the state’s two biggest electric utility companies to request ratepayer funds to cover costs of early development for small modular nuclear reactors. SMRs are well-described by their name. They’re smaller than a traditional reactor — those …
Koya Capital will seek funding for Stratek Global, a South African nuclear design company. South African nuclear company Stratek Global and technology consultancy Koya Capital have entered into a partnership to secure the financing and construction of a R9bn ($480m) first-of-a-kind reactor in South Africa. The new HTMR-100 reactor, being developed in Pretoria, produces 100MW of …
Suppliers to Support AP1000 Deployment at Kozloduy Nuclear Power Plant and Globally Westinghouse Electric Company today signed memorandums of understanding (MOUs) with 17 significant Bulgarian suppliers to support the upcoming AP1000® nuclear projects at the Kozloduy Nuclear Power Plant site in northern Bulgaria, and other projects throughout the region. This milestone is a result of …
Steady Energy – Finnish developer of the LDR-50 small modular reactor – has signed a collaboration agreement with TVO Nuclear Services related to the development of a nuclear heating plant, initially focusing on the planning of the nuclear facility’s operation and safety. TVO Nuclear Services (TVONS) is a consulting company wholly owned by Finnish utility …
EDF will need financial support to raise the tens of billions of euros needed to build a nuclear programme that includes six new generation EPRs in France, the CEO of the French state-owned company said late on Wednesday. “The amounts to be raised on the financial markets are colossal and exceed the capacity of a company, …
Senator Jim Risch(R-Idaho) U.S. Senators Jim Risch (R-Idaho) and Mark Warner (D-Va.) today announced the launch of the Senate Advanced Nuclear Caucus. The Senate Advanced Nuclear Caucus will amplify the critical role nuclear energy plays in the United States, explore emerging nuclear technologies, and promote the goals and priorities of the U.S. nuclear industry. “America must maintain its leadership in nuclear energy development. From lighting the first nuclear powered lightbulb to groundbreaking advanced reactor …
A large holding company is looking to build in Butte, and their plans include utilizing nuclear energy. At Wednesday night’s Council Of Commissioners meeting, the head of XGen informed the local legislative body of their intentions to relocate here from Florida. XGen has the backing of Westinghouse and is seeking to build a nuclear power …
Holtec International is on the verge of doing something that’s never been done before in the nuclear sector: bringing a nuclear plant back to life. The company is working to repower the Palisades Nuclear Generating Station in Michigan by 2025 and received a conditional commitment of up to $1.52 billion in loan guarantees from the U.S. Department …
The construction of six Westinghouse AP1000 reactors would contribute more than PLN118.3 billion (USD30.2 billion) in GDP for Poland, while their subsequent operation would generate PLN38 billion in GDP annually, an independent study has found. Poland has set out a pathway to develop new nuclear power, with the aim of building six to nine GWe …
Retiring reactors will need to be replaced: utility group Government to revise its energy strategy in the next year Japan will need new nuclear power plants to meet its 2050 net zero goal, according to nation’s main electricity utilities. At least some reactors scheduled to retire by the mid-century will have to be replaced with …
