The Trump administration has stepped up efforts to enlist South Korea’s nuclear industry in its ambitious plan to launch 10 new large-scale reactors by 2030, underscoring Washington’s dependence on foreign builders to revive a domestic sector weakened by decades of dormancy. According to government and industry officials, U.S. Deputy Energy Secretary James Danly met in …
Ethiopia is preparing to launch six large-scale infrastructure projects worth an estimated $30 billion, Prime Minister Abiy Ahmed said in a national address, underscoring the government’s push to expand energy production, refine oil domestically, and address urban housing shortages. The initiative includes a nuclear power plant, an oil refinery, a natural gas facility, an airport …
Teollisuuden Voima Oyj’s debut EU green bond — the first from the nuclear sector to be sold under the European Green Bond Standard — saw more than three and a half times investor orders for the €500 million deal. The Finnish power producer drew over €1.75 billion ($2.06 billion) of orders for the note, which is expected to …
President Kassym-Jomart Tokayev emphasized the strategic importance of developing nuclear energy to secure Kazakhstan’s energy future and ensure sustainable economic growth during his annual state-of-the-nation address on Sept. 8 at a joint session of the parliament’s chambers. Tokayev announced that over the next five years, Kazakhstan plans to introduce an additional 6.3 GW of green …
resident Donald Trump moved Friday to exempt graphite, tungsten, uranium, gold bullion and other metals from his country-based tariffs, while subjecting silicone products to the levies. The changes are set to take effect on Monday under an executive order issued Friday. Trump’s directive could also speed implementation of bespoke trade deals between the US and …
Projections in the latest edition of World Nuclear Association’s flagship fuel report see gaps opening up in the supply-demand picture over the coming years and investment decisions need to be taken now to fuel the forecast increase in nuclear power capacity, World Nuclear Symposium was told. World Nuclear Association – and the Uranium Institute before it – …
Kazatomprom (KZAP.KZ), opens new tab, the world’s largest uranium producer, announced on Friday plans to triple its exploration activities in Kazakhstan and explore international expansion opportunities, following recent agreements with Jordan and Mongolia. The state-controlled company, which currently produces all of its uranium at home, but signed a deal last week with Jordan, opens new tab on developing …
EDF will extend the lifetimes of two UK nuclear power plants—Heysham 1 in Lancashire and Hartlepool in Teesside—by an additional 12 months to March 2028 in a bid to secure the country’s energy security as it faces a looming nuclear capacity cliff and heightened reliance on imported gas. The French-owned utility confirmed that 1.2-GW Heysham 1 in Lancashire and 1.2-GW Hartlepool in …
Starting in 2029, the renovated reactor will be able to produce energy without CO2 emissions for another 30 years. Unit 1 of the Cernavoda nuclear power plant will be completely modernized after nearly 30 years of operation. Starting in 2029, the renovated reactor will be able to produce energy without CO2 emissions for another 30 …
The Siaya nuclear power plant will initially generate 1,000MW before gradually expanding to 20,000MW by 2040 The first proposed nuclear power plant in Kenya is expected to generate more than 20,000MW of electricity by 2040, with the output expected to increase energy security and decrease the country’s reliance on imports. The East African country’s Nuclear …