Doosan Enerbility eyes global expansion as US, Europe reignite nuclear ambitions Doosan Group, a Korean power generation-to-heavy equipment conglomerate, has shaken up the leaderboard of the country’s largest conglomerates as its listed companies, namely Doosan Enerbility, saw their stock prices surge in the first five months of this year on the back of the United …
Korea finalized a major deal to export nuclear reactors to the Czech Republic, a breakthrough that marks the country’s first entry into the European nuclear power market and underscores global recognition of Korea’s nuclear technology. Korea Hydro & Nuclear Power (KHNP) announced Thursday that it had signed a contract with EDU II, a subsidiary of …
The company has selected high-temperature gas-cooled reactors (HTGRs), using tri-structural isotropic – or TRISO – particle fuel, with a power output of about 25 MWe. It said it selected this small modular reactor (SMR) technology “due to their inherently safe characteristics”. In the first year, Allseas aims to finalise initial design studies for offshore and …
Nuclear-power demand is set to grow with Meta-Constellation deal The four executive orders recently signed by President Donald Trump help to address the importance and growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be quite a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in …
The inauguration of Lee Jae-myung is fueling renewed concerns that the nuclear energy industry may once again face setbacks in its path to revitalization, given that the newly elected president from the liberal Democratic Party views nuclear energy as a “hazardous and unsustainable source.” Though he didn’t entirely rule out nuclear power energy and voiced openness …
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation’s Clinton Clean Energy Center in Illinois. Without Meta’s backing, the plant was in danger of premature closure. Tech companies, including Amazon, Google and Meta, signed a pledge …
A Republican Florida congressman is looking to codify several of President Donald Trump’s executive actions pertaining to domestic energy production through legislative action he took Monday. Rep. Byron Donalds, who has been endorsed by Trump to replace term-limited Florida Gov. Ron DeSantis, introduced the “Strengthening American Nuclear Energy Act” in an effort to codify four of the …
Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are slated to be shut down in 2027 and 2028. Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are …
Centrais Elétricas Brasileiras SA, the Brazilian power company known as Eletrobras, has drawn preliminary interest from Chinese state-owned enterprises for its stake in nuclear firm Eletronuclear, according to people with knowledge of the matter. Prospective bidders include China National Nuclear Corp., China General Nuclear Power Group and State Nuclear Power Technology Corp., the people said, asking not to be …
New findings show both countries increasing reliance on oil, gas, and nuclear fuel from Russia despite available alternatives. Hungary and Slovakia continue to rely heavily on Russian oil, gas, and nuclear fuel, despite having technical and economic capacity to switch to alternative sources, according to a detailed joint report by the Centre for the Study …
