General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of …
· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids · Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050 · Only Generation IV reactor technology will improve the economics of nuclear power …
Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project. The consortium of South Korea, including the Export-Import Bank of Korea, the Korea Trade Insurance Corp., …
The House on Friday approved a $1.2 trillion bipartisan infrastructure bill that includes about $65 billion for grid infrastructure and $50 billion for cyber and climate resilience over five years. Approved by the Senate in August, the bill now heads to President Joe Biden. Utility and renewable energy trade groups heralded the bill’s passage on Friday, …
Irish Commissioner under pressure amid global warming and energy crisis Ireland’s EU Commissioner Mairead McGuinness is under pressure to reclassify nuclear power as “green energy”, giving it a central role in the battle against global warming and easing Europe’s energy crisis. Commissioner McGuinness hopes to decide in the coming weeks on a controversial move which …
PARIS, Nov 8 (Reuters) – France’s nuclear industry is prepared to construct additional third-generation EPR nuclear reactors within agreed costs and timelines should the government decide to do so, an official of state-owned utility EDF said on Monday. “The nuclear industry is transforming and will stand ready,” Alain Tranzer, a senior engineer in charge of …
RICHLAND — Near the Columbia River, Clay Sell hopes to launch a new era of nuclear power with four small reactors, each stocked with billiard ball-sized “pebbles” packed full of uranium fuel. Chief executive officer of Maryland-based X-energy, Sell aims to bring the project online by 2028 as part of a broader attempt to develop safer, …
Rolls-Royce (LSE:RR., ADR:RYCEY) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a …
Reactor designer Rolls-Royce will announce that a consortium of investors will back plans for a new smaller nuclear reactor project. As part of its 10 point green energy plan, the government has already announced it would provide £210m in funding if that could be matched by private capital. An announcement that money has been raised …
For more than two decades, promoters and purveyors of nuclear energy felt shunned at UN climate change conferences. At the COP26 summit underway in Glasgow, however, they have been welcomed with open arms, the UN’s top nuclear regulator told AFP. The spectre of Chernobyl and Fukushima, along with the enduring problem of nuclear waste, kept …