The 1400 MWe pressurised water reactor has begun delivering electricity to the United Arab Emirates’ grid, weeks after achieving first criticality and bringing the four-unit plant closer to its goal of providing 25% of the country’s electricity needs. The Emirates Nuclear Energy Corporation (ENEC) announced on 23 March that its operations and maintenance subsidiary, Nawah …
South Korea’s Ministry of Science & ICT (MSIT) has signed a memorandum of understanding with eight Korean companies to cooperate on the development of next-generation nuclear reactors. “While nuclear power is emerging as a core strategic technology due to the global climate crisis and reorganisation of the energy supply chain, competition for next-generation nuclear reactors …
In the shadow of a massive monument glorifying nuclear power, over 30 nations from around the world pledged to use the controversial energy source to help achieve a climate-neutral globe while providing countries with an added sense of strategic security. The idea of a Nuclear Energy Summit would have been unthinkable a dozen years ago …
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s. On March 19, Nucor, Microsoft and Google announced the Advanced Clean Electricity request for information, or RFI, a joint initiative to stimulate development and deployment of reliable, low- or zero-carbon electricity generation technologies like advanced …
Uranium market has likely set a new floor thanks to a strong demand outlook Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel. After a 22 per cent decline over six weeks, industry experts and analysts say the uranium …
U.S. Energy Secretary Jennifer Granholm said on Wednesday she encourages the U.S. Congress to ban uranium supplies from Russia, as doing so would free up funds to support domestic development of fuel for next generation nuclear reactors. The U.S. House passed legislation last December to ban imports of the fuel for nuclear power plants as part of …
Constellation Energy has issued the first corporate green bond in the USA that can be used to finance nuclear energy projects. The company will use proceeds from the USD900 million, 30-year term offering, for investments such as maintenance, uprates and life extensions of its nuclear power plants. A green bond is a financial instrument that …
The walls of the containment building of unit 3 at the Haiyang nuclear power plant in China’s Shandong province are now in place following the installation of the third cylinder ring, the Shanghai Nuclear Engineering Research and Design Institute (SNERDI) announced. The steel containment shell is an important part of the nuclear island reactor building …
Bill Gates at TerraPower with a mock-up of metal fuel pin bundles for his planned SMR. TerraPower, a company founded by Bill Gates, says it plans to start building the first of a new generation of nuclear power plants in the US in June, joining a race with Russian and Chinese rivals to develop and …
Western Australia is renowned for exporting a range of minerals from iron ore to gold, but one commodity, uranium, regularly sparks fierce protests from the community. The debate was reignited in recent days when Liberal leader Libby Mettam said her party would legalise uranium mining if they won the 2025 WA election, overturning a state …
