Nuclear Power

On Wednesday, the U.S. Supreme Court heard arguments about whether the Nuclear Regulatory Commission is authorized to issue licenses for nuclear waste storage. The states of Texas and New Mexico along with the oil industry objected. The U.S. Government and a company, which was granted a license to operate an operation in western Texas by the NRC (the federal agency responsible for regulating nuclear energy in the United States), have appealed the ruling of a lower court that declared this storage arrangement illegal. Arguments were still ongoing. In several important rulings, the Supreme Court's conservative majority of 6-3 questioned the...

On Wednesday, the U.S. Supreme Court will decide whether the Nuclear Regulatory Commission is authorized to issue licenses for nuclear waste storage sites. Texas and New Mexico have objected to this as has the oil industry. The U.S. Government and a company, which was granted a license to operate an operation in western Texas by the NRC (the federal agency responsible for nuclear energy regulation in the United States), have appealed the ruling of a lower court that declared this storage arrangement illegal. In several important rulings, the conservative-majority Supreme Court, with a 6-3 majority, questioned the authority of federal...

Siemens Energy announced on Friday that it had entered into a partnership which is expected to make Siemens Energy the exclusive provider of conventional technology to future small modular reactors (SMRs) built by Rolls-Royce SMR. Siemens Energy will supply steam turbines and generators as well as "other auxiliary system" to Rolls-Royce SMR for its planned Generation 3+ modular nucleopower plants. The agreement is expected to be finalized by the end of 2025. Global nuclear energy providers are developing so-called SMRs to create power plant technologies that are easily replicable, quicker and cheaper to deploy compared to traditional large-scale units. Karim...

Talen Energy, a utility company, reported a higher annual profit Thursday, thanks to lower operating and energy costs. Shares of the company rose 2.6% during extended trading. In 2024, the utility reported operating, maintenance, and development costs of $592 millions, down approximately 8% from a previous year. Energy costs fell by about 8%, to $797 millions. Talen had another opportunity in November to convince regulators that its agreement with Amazon to provide more electricity for a data center located at the nuclear power plant of Talen's utility in Pennsylvania was approved. The Federal Energy Regulatory Commission rejected the agreement that...

Evergy Inc missed its fourth-quarter profit estimate on Thursday as the company was affected by higher operating expenses and interest costs. Evergy's borrowing costs are likely to increase as interest rates continue to rise. Utility companies like Evergy need additional capital for maintenance of the grid and other expenses. Total operating expenses for the company in the third quarter increased by 2.8% compared to a year earlier, to $1.04billion. Interest costs also rose from $132.2m to $142.4m. Retail sales in the fourth quarter were up 5.4% compared to a year ago, reaching $1.04 billion. This was largely due to an...

As part of the Trump administration's "maximum-pressure" campaign against Tehran, the United States on Wednesday imposed sanctions on six entities in Hong Kong and China that they accused of involvement in an Iranian drone acquisition network. The U.S. Treasury Department announced that entities involved in the procurement of components for unmanned aerial vehicles (UAVs) on behalf of a firm under U.S. sanction, Pishtazan Kavosh Gostar Boshra and its subsidiary Narin Sepehr Mobin Isatis were also key suppliers to Iran's UAVs and ballistic missile program. We were unable to reach PKGB and NSMI immediately for comment. Treasury Secretary Scott Bessent stated...

Romania's Energy Minister said that recent criticisms from members of the Trump administration regarding a cancelled elections should not affect Romanian nuclear projects supported by U.S. firms. The Romanian top court annulled the presidential elections in December on the suspicion of Russian interference, which Moscow denied. Elon Musk, a tech billionaire and vice president of the United States, singled out Romania in a broader criticism of Europe that points to possible policy shifts. Nuclearelectrica, a Romanian nuclear power company owned by the Romanian government, signed a 3.2-billion euro contract for main engineering to build two nuclear reactors of 700 MW...

Southern Co executives said that they have increased their base capital investment plan through the end decade by about 30%. The proposed increase in spending is dominated by transmission projects. On a recent earnings call, Southern Co executives stated that the demand for electricity from artificial intelligence data centres and population growth in the U.S. South has driven Southern Co's demand up and increased overall electricity consumption. Southern provides service to nearly 9 million customers across Alabama, Georgia and Illinois as well as Mississippi, Tennessee, Virginia, Tennessee, Mississippi, Alabama, Georgia Southern's pipeline for data centers and other large energy users...

Constellation Energy, a U.S. energy company, beat Wall Street's estimates for the fourth quarter profit on Tuesday. The lower expenses and higher demand for electricity helped. Energy Information Administration (EIA), a U.S. government agency, expects that power consumption will reach new records in 2025. Data centers are expected to triple their demand in the next three months. Nuclear utilities, driven by unprecedented demand for power, were among the largest winners in the S&P 500. Constellation Energy grew 91.3% in 2024 while the S&P 500 utilities rose 19.6%. Constellation, a company that operates 21 nuclear plants in the United States, has...

A senior government minister has said that South Africa may turn to Russia or Iran in order to increase its civilian nuclear energy capacity. Analysts say this could cause a rift between the United States, and delay the renewal of the strategic energy agreement. South Africa, the only nuclear power station in Africa, Koeberg plans to increase its capacity by 2,500 megawatts to combat electricity shortages that have plagued Africa's economy, and reduce emissions. We can't accept a condition that Iran or Russia cannot bid. This is not acceptable," said Gwede Mantashe. He's one of the leading government advocates of...

Two sources with knowledge of the matter confirmed on Friday that the administration of Donald Trump laid off between 1,200 and 2,000 employees at the Department of Energy. This includes workers in the Nuclear Security Administration (NSA) and the Loans Office. Democratic lawmakers said that the layoffs also included workers at national laboratories, hydroelectric plants and Cold War-era nuclear sites which pose safety risks. DOE employs approximately 14,000 federal workers and 95,000 contractors. Two sources claim that the layoffs occurred after Elon Musk's Department of Government Efficiency, which is led by three representatives of the billionaire Elon Musk, arrived at...

The White House reported that U.S. Vice-President JD Vance spoke with Indian Prime Minister Narendra modi on Tuesday to discuss how the United States could assist India in diversifying energy sources through investments in U.S. Nuclear Technology. Why it's important The two men met in Paris, France, on Tuesday to attend a summit on artificial intelligence. This was ahead of the Prime Minister's visit to the United States later this week, during which trade, investment and technology are likely topics for discussion. India announced earlier this month that it would amend its nuclear liability laws to encourage foreign and private...

The U.N. nuclear monitors arrived in Ukraine on Saturday for the first ever time via Russian territory at the Zaporizhzhia Nuclear Power Plant, which is owned by Russia. The IAEA's rotation was delayed for weeks by military activity on the site. Each side blamed the other, claiming that the rules were not followed to ensure the safety of the team. In a video posted on Telegram, Yuri Chernichuk said that it was important for the route to pass through Russian territory. He added that the arrival of three inspectors was guaranteed by Russia's Defence Ministry and National Guard and came...

An industry source said on Wednesday that the Ukrainian parliament will vote on a bill next week to allow for the construction and startup of two new nuclear power plants. This would help support Ukraine as it is constantly under attack by Russian missiles. Ukrainian energy officials said that the new reactors would be built at Khmelnytskyi Nuclear Power Plant in western Ukraine, and will be equipped with Russian designed equipment which Kyiv is looking to import from Bulgaria. The Ukraine planned to sign an agreement last June with Bulgaria to purchase two nuclear reactor bodies to compensate for the...

Russiainstalled authorities in Ukraine's partlyoccupied Zaporizhzhia region stated Ukrainian drones on Wednesday assaulted Enerhodar, a city serving the Russianheld Zaporizhzhia nuclear power plant. Russia seized the nuclear plant, Europe's biggest with 6 reactors, in the early days of the war and each side has because implicated the other of staging periodic attacks on the facility. Russia-installed regional authorities have actually reported attacks on Enerhodar, particularly on 2 electrical power substations nearby. Russian media quoted the city's authorities as stating at least 4 drones had actually attacked Enerhodar. It stated there were no casualties and no details on damage were offered....

The U.N. nuclear watchdog's. 35nation Board of Governors passed a resolution on Thursday. condemning attacks on Ukraine's energy facilities, but. stopping working to discuss Russia as the perpetrator. Ukraine called Thursday's emergency International Atomic. Energy Agency (IAEA) Board conference to talk about a wave of attacks. on Nov. 28 that Russia released on its energy infrastructure,. triggering deep power cuts throughout the nation. The drone and rocket attacks strike electricity sub-stations. used by 3 of Ukraine's nuclear reactor to get and. transfer off-site power, which is vital to their security since. that power is necessary to cool their nuclear fuel...

A drone hit and seriously damaged an official car of the International Atomic Energy Agency on the roadway to Ukraine's Russianheld Zaporizhzhia nuclear power plant on Tuesday, the agency's head said. There were no casualties and the teams are safe, Rafael Grossi, director general of the U.N. nuclear guard dog, said in a. video published on X. Ukrainian President Volodymyr Zelenskiy said the strike was. a purposeful Russian attack that showed Moscow had overall. disregard for worldwide law and institutions. Moscow made no. instant declaration after the occurrence took place. I condemn in the most firm terms this attack on...

Iran is drastically. accelerating its enrichment of uranium to as much as 60% pureness,. near the roughly 90% level that is weapons grade, U.N. nuclear guard dog chief Rafael Grossi informed Reuters on Friday. The International Atomic Energy Firm later validated in a. private report to member states that Iran was accelerating. uranium enrichment, a process that refines the raw material so. that it can be utilized as fuel in civil nuclear power generation. or, potentially, nuclear weapons. The IAEA findings will deepen alarm in Western nations. that say there is no reason for enhancing uranium to such. a high...

The United States is ruling out going back to Ukraine the nuclear weapons it quit after the Soviet Union collapsed, White House national security consultant Jake Sullivan said on Sunday. Sullivan made his remarks when questioned about a New york city Times article last month that stated some unknown Western officials had actually suggested U.S. President Joe Biden could offer Ukraine the arms before he leaves workplace. That is not under factor to consider, no. What we are doing is surging different traditional capabilities to Ukraine so that they can effectively safeguard themselves and take the battle to the Russians,...

Below are crucial passages from a. resolution on Iran that diplomats said the International Atomic. Energy Firm's 35nation Board of Governors passed at a. quarterly meeting on Thursday night. The Board of Governors ... ( d) Noting the Director General's deep concern that. undeclared nuclear material had actually been present at several. undeclared areas in Iran which its present place( s). are not known to the Company, and his evaluation that nuclear. product used in Iran was not stated as needed under Iran's. NPT Safeguards Contract, ... ( g) Recalling the Board of Governors' resolutions of 19 June. 2020 ...,...

Hungary's government has sent an expense to parliament to allow a change of its nuclear plant contract with Russia and raise the prepared cost of the construction task if called for, according to the legislation published on parliament's website. The expense, dated Nov. 19, says the objective is to enable the building of the 2 new atomic power plants at Paks to continue smoothly. The project was granted in 2014 without a tender to Russian nuclear giant Rosatom, and has been delayed by years. The project is often mentioned as an indication of continuing close ties in between NATO and...

Russia's state nuclear corporation Rosatom, the world's largest provider of enriched uranium, said on Monday it was providing uranium to all of its consumers as normal which materials to the United States could take place under a special regime. Russia stated on Friday that it had actually imposed momentary constraints on the export of enriched uranium to the United States in action to U.S moves. Uranium rates rose on the choice. In May, President Joe Biden signed into law a restriction on Russian enriched uranium, though the U.S. likewise has the capability to provide waivers if there are supply concerns....

Russia is alerting Israel to not even think about striking Iranian nuclear centers, state news company TASS priced quote Deputy Foreign Minister Sergei Ryabkov as stating on Thursday. After Iran's rocket attack on Israel on Oct. 1, there has been speculation that Israel could strike Iran's nuclear centers, as it has actually long threatened to do. We have actually consistently warned and continue to caution, to warn ( Israel) versus even hypothetically considering the possibility of a strike on (Iranian) nuclear facilities and nuclear facilities, Ryabkov was quoted by TASS as stating. This would be a devastating development and a...

The U.S. has awarded six business agreements to help process an unique uranium fuel implied for a new generation of reactors that might be integrated in coming years, the Energy Department said on Tuesday. Russia is currently the only country that makes the high-assay low-enriched uranium fuel, or HALEU, in commercial volumes. The companies that won the contracts and goal to de-convert HALEU are Centrus, the U.S. department of France's. state-owned nuclear fuel company Orano, GE Vernova, BWXT. , French firm Framatome, and Westinghouse. Deconversion turns gaseous uranium into oxide or metal forms. to be made into fuel for reactors....