The Swiss government has presented draft legislation to end its ban on building new nuclear power plants, reversing a policy adopted in 2018 to phase out the technology. The plan, a counter-proposal to the popular initiative “Stop the Blackout,” would allow companies to apply for licenses to construct reactors — if approved by parliament and …
The race is on to build new nuclear power plants in the United States. Companies in the uranium enrichment business are struggling to keep up with America’s growing nuclear energy ambitions. The stars are aligning for U.S. nuclear power. Ambitious companies — with the backing of Amazon, Google and other technology titans — are working …
The U.S. Department of Energy is aiming to achieve criticality of at least three test reactors using an expedited authorization process by July 4, 2026. Dive Brief: The U.S. Department of Energy on Tuesday selected 11 advanced reactor projects to participate in a nuclear pilot program that aims to expedite deployment without Nuclear Regulatory Commission licensing, according …
India aims to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars to boost the industry, two government sources said. Prime Minister Narendra Modi’s government plans to expand nuclear power production capacity by 12 times …
Having the only NRC-approved small modular reactor, plus broader regulatory tailwinds for nuclear energy, could help NuScale land “hard contracts” by year’s end, company executives said. Small modular reactor company NuScale Power aims to have “hard contracts” with “two or three major customers” by the end of 2025, CEO John Hopkins told investors and analysts on …
Project pace depends on National Planning Commission report; site selection and new Climate and Energy Ministry expected to be key variables The government’s plan to introduce two new large-scale nuclear reactors and one small modular reactor (SMR) is expected to see a definitive decision on whether to commence within this year, with this week serving …
This article was written by Bloomberg Intelligence industry analyst Nikki Hsu, with contributing analysis by Scott J. Levine and Gabriela Privetera. It appeared first on the Bloomberg Terminal. US nuclear power is primed for a resurgence, with capacity rising 63% to 159 gigawatts by 2050 in our scenario — a $350 billion-plus build-out fueled by …
“The unit will start producing power to its optimum level gradually once it’s trial operation is launched,” Nuclear Power Plant Company Bangladesh Limited (NPCBL) managing director Dr Md Zahedul Hassan told BSS The first unit of the Russian-built Nuclear power plant at Pabna’s Rooppur (RNPP) with 1200 MW capacity is expected to launch production in …
Nuclear Taskforce interim report finds “once-in-a-generation” reform is needed to tackle regulatory barriers. Independent expert taskforce finds British nuclear projects are being held back by costly and complex regulation barriers Radical “once-in-a-generation” reform is needed to tear down barriers to faster, cheaper nuclear development, while maintaining the highest safety standards The government is delivering a …
Uzbekistan and Russia continue to explore the possibility of building a large nuclear power plant, the head of Uzatom said. “It is necessary to explore all possibilities for connecting a large plant to our power system,” he noted. President of Uzbekistan Shavkat Mirziyoyev instructed to develop a project for the construction of a large nuclear power plant at a presentation on 8 August, director of the Atomic Energy Agency Azim Akhmedkhadzhayev said in an interview with …