Nuclear Energy
News & Press Releases
Westinghouse and South Korea in Talks on Nuclear Power Investment
A proposed $120 billion Korean nuclear power investment could finance the construction of eight nuclear reactors across four US states under a new framework announced at the White House.
The non-binding Project Power framework would involve six Westinghouse AP1000 reactors...
News & Press Releases
US, Russia and China Compete in a Lunar Nuclear Reactor Race
The lunar nuclear reactor is emerging as a key element of the new space race, with the US, Russia and China developing plans to provide reliable power for future Moon bases.
The US is targeting a reactor launch by the...
America
DOE Backs Vistra Corp. with Nuclear Financing for Expansion
The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) is providing a $4.2 billion conditional loan commitment to independent utility-scale generator Vistra Corp. to increase nuclear power generation as AI and data centers drive demand. U.S....
Europe
Italy’s Senate Passes Nuclear Energy Law After Four Decades of Absence
Italy has formally reopened the door to nuclear power after its Senate granted final approval to a government framework legislation — already passed by the Chamber of Deputies — that re-establishes a regulatory structure for nuclear energy in the...
Asia
HD Hyundai Commits Over $800M to Power Engine and SMR Manufacturing Facilities
South Korean shipbuilding major HD Hyundai has announced investments totalling more than US$800 million directed at two distinct manufacturing initiatives — an expanded onshore production facility for high-power generation engines and a dedicated small modular reactor (SMR) manufacturing plant.
A...
Companies
Google and Fortum Sign Nuclear Power Deal for Finland’s Loviisa Plant
Tech giant Google has signed a long-term Power Purchase Agreement (PPA) with Finnish energy company Fortum, securing up to 50% of the Loviisa nuclear power plant's capacity and providing critical financial certainty for the plant's life extension and power...
News & Press Releases
Kazakhstan Signs Contract with Rosatom to Build Its First Nuclear Power Plant
Kazakhstan has signed a landmark contract to design, supply, and construct its first nuclear power plant, moving the long-planned project into a concrete implementation phase as the country works to strengthen energy security and prepare for growing electricity demand.
The...
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