Turkey continues negotiations over new nuclear power plants

Following the construction of the Akkuyu nuclear power plant, Turkey is planning to build two more plants at Sinop and Thrace. lparslan Bayraktar, Turkey’s energy minister, has said that the first nuclear unit at the Akkuyu nuclear power plant should be launched by the end of the year, while negotiations with Russia, China and South …

Barakah Plant $2.42 Bn refinancing recognized as Green Loan Facility, reinforcing its integral role in rapid decarbonization of UAE power grid

Barakah Plant project refinancing loan with two leading UAE banks, Abu Dhabi Commercial Bank PJSC (ADCB) and First Abu Dhabi Bank PJSC (FAB), is the first in MENA Region and Asia to be recognized as a green loan facility. – Positions Barakah Plant and the wider nuclear sector at the forefront of clean financing instruments …

Eight out of 10 Koreans support nuclear power plants

Eight out of 10 South Koreans support the operation of nuclear power plants, according to a survey conducted by international energy consulting firm Radiant Energy Group Ltd. The firm surveyed citizens of 20 countries, including Korea, between October and November 2023. The Korea Energy Information Culture Agency (KEIA) released a report citing the Radiant Energy …

US Responds to Russia-China Plan to Put Nuclear Reactor On Moon

he State Department has urged a “rigorous” safety evaluation of a proposed joint Russia-China plan to establish a nuclear-powered lunar base within the next decade. Yuri Borisov, the head of Russia’s space agency Roscosmos, said earlier this month that the two powers are “seriously considering a project” to install a nuclear power station on the lunar surface …

5 Key Takeaways from the FY25 Budget Request for Nuclear Energy

The U.S. Department of Energy (DOE) released its Fiscal Year 2025 budget request, which includes nearly $1.6 billion for the Office of Nuclear Energy (NE). The request includes $694.2 million in research and development activities that will help advance important reactor and fuel technologies, address gaps in the domestic nuclear fuel supply chain, and harness the …

Forget ‘Oppenheimer’ — nuclear power is having its moment in Washington

The big wins for “Oppenheimer” at Sunday’s Academy Awards are not the only attention the nuclear industry has experienced in recent days. Hollywood’s “Oppenheimer” dominated at the Oscars — renewing calls for reducing the threat of nuclear weapons worldwide — but a different kind of nuclear energy is gaining momentum in Washington. Freshly passed legislation and new …

Decision over first mini-nuke sites delayed amid legal action fears

Great British Nuclear (GBN) has delayed a decision on where the first mini-nuclear reactors will be built until after the next election, following concerns that losers of a design contest may otherwise threaten to sue. The public body, which is tasked with preparing the ground for a ‘nuclear renaissance’, previously said it would select small modular reactor …

Nuclear power policy to be major focus in parliament after Ishikawa quake

As Japan marks 13 years since the devastating earthquake, tsunami and nuclear disaster in March 2011, the government of Prime Minister Fumio Kishida is moving toward restarting idled nuclear power reactors. But a powerful Jan. 1 earthquake that struck the Noto Peninsula in Ishikawa Prefecture reminded the country of how seismic activity can lead to …