Nuclear Power








Asia

North America

Energy Markets

Minister: South Africa is open to bids for nuclear projects from Russia or Iran

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...

Renewable Energy

Sources say that massive layoffs in the US energy department have affected nuclear security and loans offices.

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...

Energy Markets

Modi and Vance talk about 'diversifying India's energy sources

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...

Nuclear Power

Talen takes FERC to court for rejecting Amazon's co-located data centers

Talen Energy has asked a U.S. court of appeals to review a federal regulator's decision last year to reject an Amazon power agreement that would have connected the data center directly to Talen’s Pennsylvania nuclear facility. According to court documents filed this week, Talen Energy wants to know what the court thinks about the decision. Co-location, also known as colocation, is a popular option for industries that need to obtain large amounts of electricity quickly. Talen sold Amazon its data center campus located at the Susquehanna Nuclear Generating Facility in early last year. The deal would allow the center eventually...

Power Markets

Poland and Canada indication nuclear power cooperation contract

Poland and Canada have signed an arrangement that supplies a legal framework for more extensive cooperation on nuclear power, Polish Prime Minister Donald Tusk said on Tuesday after fulfilling his Canadian equivalent Justin Trudeau. Poland, which is working to decrease its reliance on coal, has picked Westinghouse Electric to build its first nuclear plant on the Baltic Sea coast, but financing is still not totally agreed. It is now preparing to start the process of choosing a. partner for a 2nd plant. Canada is the primary supplier of innovation for Poland's. first nuclear plant - Westinghouse is owned by Canadian....

Natural Gas Utilities

EUROPE GAS-Prices increase on shrinking stocks and cooler outlook

Dutch and British wholesale gas costs increased on Thursday, as winter contributed to concerns about the trouble of filling up fastdepleting gas stocks and balanced out the effect of indications of a reboot at the U.S. Freeport export plant. The benchmark front-month contract at the Dutch TTF center was up 1.63 euros at 50.40 euros per megawatt hour ( MWh), or $15.38/ mmbtu, by 0952 GMT, LSEG information revealed. The Dutch day-ahead agreement was up 1.23 euros at 50 euros/MWh. In Britain, the front-month NBP agreement got 3.73 cent to 126.85 p/therm, while the day-ahead contract was up 3.75 p...

Nuclear Power

Tennessee Valley Authority, other utilities look for $800 mln in federal financing to develop nuclear tech

U.S. governmentowned energy Tennessee Valley Authority (TVA) said on Friday that it is looking for an $800 million grant from the Department of Energy ( DOE) to develop nuclear innovation. The company, in collaboration with Duke Energy, American Electric Power and others, will use to receive funding under the DOE's Generation III+ Little Modular Reactor (SMR) Program. WHY IT is necessary The U.S. nuclear industry, which has faced growth difficulties in current years, is witnessing a rise in need as Big Tech seeks alternative energy sources for their power-intensive information centers, stimulated by the Biden administration's push for investment in...

Nuclear Power

German parties' energy policies in February national election

Citizens in Germany, Europe's most significant economy, go to the polls on Feb. 23 in what marks the very first elections because Berlin severed its ties with Russia, its decadeslong gas provider. Here is how significant celebrations outline their energy policies: CDU/CSU The conservative Christian Democrats (CDU), who keep up Bavarian sibling party CSU in the election, assure to cut power rates by 5 euro cents per kilowatt hour (kWh) or more, equivalent to roughly 12% of 2024 costs. The party proposes to cut power grid charges that contribute to clients' expenses, partially by raising carbon emissions permit rates, while...

Power Markets

United States to study expansion threat of HALEU nuclear fuel, after alerting by researchers

The U.S. agency in charge of nuclear security is commissioning a research study on the expansion threats of a moreenriched uranium fuel that nuclear power designers wish to fuel brand-new hightech reactors, the head of the agency said this week. Jill Hruby, administrator of the National Nuclear Security Administration, said in a statement released in the journal Science that it is necessary to resolve expansion issues of so-called high assay, low-enriched uranium fuel, or HALEU. NNSA acknowledges that reactor type, fuel enrichment level, fuel amount, and fuel type are important factors in assessing proliferation risks and thinks that risk-informed and...

Electric Utilities

Talen Energy to appeal FERC's rejection of Amazon information center deal

Talen Energy plans to contest the Federal Energy Regulatory Commission's (FERC) rejection of a modified interconnection arrangement for an Amazon information center at its Pennsylvania nuclear plant, the business stated on Monday. The U.S. utility previously this year sold a data center linked to its Susquehanna nuclear power plant to Amazon and wished to increase its capability from 300 megawatts to 480 megawatts. The deal, nevertheless, dealt with opposition from American Electric Power and Exelon. FERC, in an order released on Nov. 1, agreed the 2 managed energies and blocked the interconnection arrangement. Talen, last month, submitted an ask for...

Fossil Fuels

Microsoft offer signals growing demand from information centers to power AI

U.S. energies are lastly signing concrete supply deals with datacenter operators as the artificialintelligence wave triggers a rise in power need, paving the way for greater earnings in the coming quarters. Data centers are expected to represent 8% of the power produced in the U.S. by 2030, compared to 3% in 2022, according to a Goldman Sachs report in May. Here are some deals announced by utilities in 2024: Constellation Energy signed a special handle Microsoft to restart among the systems at the 3 Mile Island nuclear plant in Pennsylvania. Under the agreement, the utility will provide 835 megawatts (...

Nuclear Power

United States validates Biden's pick Marzano for nuclear regulator seat

The U.S. Senate on Thursday confirmed President Joe Biden's pick Matthew Marzano, a. Democrat, for the fifth and final seat on the Nuclear Regulatory. Commission, which oversees atomic energy security. Marzano's term lasts 3 years and might make sure a. Democratic bulk on the NRC for several years, in spite of. President-elect Donald Trump taking workplace on Jan. 20. The Senate tally was 50 to 45 in a party-line vote. Marzano. was opposed by many Republicans and by some in the nuclear. industry who think he does not have enough of a public record. to support speedy allowing of a...

Europe

Energy Markets

British Business – February 17,

These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. The Times Dame Meg Hillier is the chairwoman of Britain's Treasury Committee. She said that Lloyds Banking Group should publish a report on whether they covered up a fraud against banks worth 1 billion pounds ($1.26billion). X-Energy is a nuclear power developer backed up by Amazon that wants to build the UK's first next-generation plant. The company has threatened to move its investment elsewhere if the government does not provide a clear regulatory...

Nuclear Power

Zelenskiy, Zelenskiy of Ukraine wants to discuss the fate of minerals with US

As Washington and Kyiv negotiate to open Ukraine's natural resources to U.S. investments, Ukrainian President Volodymyr Zelenskiy says that the two countries need to discuss what will happen to the mineral deposits located in the areas captured by Russia. Talks on a mineral deal are underway. On Wednesday, Kyiv was presented with a new symphony. Donald Trump kick-start negotiations Ending Russia's almost three-year war in Ukraine Zelenskiy asked in an interview on NBC broadcast Sunday if minerals from areas occupied by Russia will be given to the Russian President Vladimir Putin His partners North Korea Zelenskiy told NBC's Meet the...

Nuclear Power

Chornobyl Nuclear Plant: Facts and figures

The Chornobyl Nuclear Power Plant in Ukraine, where Ukraine accuses Russia of hitting a radiation-containment structure on Friday is a defunct plant in Ukraine that was the site in April 1986 of the worst civil nuclear disaster in the history of mankind. Here are some facts and figures about the plant. The Soviet engineers who were operating the plant at the time of the explosion on April 26, 1986 made a human error. According to a United Nations' report, facility operators had violated safety regulations by turning off critical control systems in the Ukrainian plant’s reactor number 4. This allowed...

Western Europe

North Asia

Energy Markets

Source: Ukraine MPs are expected to vote on the law required for two new nuclear units next week

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...

Power Markets

Ukrainian drones attack city near Zaporizhzhia nuclear plant, authorities state

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....

Energy Markets

IAEA's 35-nation Board condemns attacks on Ukraine's energy facilities

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...

Energy Markets

Drone hits IAEA lorry on road to Russian-held Zaporizhzhia nuclear plant, company says

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...

Nuclear Power

Iran significantly speeding up uranium enrichment to near bomb grade, IAEA says

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...

Nuclear Power

United States will not return nuclear weapons to Ukraine

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,...

Energy Markets

EXCERPTS-IAEA Board of Governors resolution versus Iran

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 ...,...

Energy Markets

Hungary sends bill to permit increase in Russian nuclear plant project expense

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...

Energy Markets

Russia continues uranium deliveries as typical, and can supply to U.S. under unique waivers - Rosatom

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....

Energy Markets

Russia informs Israel to not even consider assaulting Iranian nuclear facilities, TASS states

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...

Nuclear Power

US awards contracts to process HALEU fuel for state-of-the-art reactors

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....

Nuclear Power

Kazakhstan votes on whether to construct very first nuclear plant

K azakhstan began voting in a referendum on Sunday on whether to construct its very first nuclear reactor, an idea promoted by President KassymJomart Tokayev's federal government as the Central Asian country seeks to phase out contaminating coal plants. The strategy has actually dealt with public criticism on issue over any associated threats, the Soviet nuclear testing legacy, and worries that Russia will be involved in the task. I have actually pertained to the conclusion that the decision to build the nuclear reactor, and to build it with (Russian state nuclear firm) Rosatom, has already been made in (Tokayev's. workplace)...