Nuclear Energy
America
DOE Backs Vistra Corp. with Nuclear Financing for Expansionย
The U.S. Department of Energyโs (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 โ already passed by the Chamber of Deputies โ 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 โ 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...
News & Press Releases
NuScale Power Deploys AI to Accelerate Next-Generation Nuclear SMRs
NuScale Power Corporation is taking a meaningful step toward modernizing nuclear engineering and project execution by deploying nuclear-specific artificial intelligence tools across its engineering and knowledge-management functions.
The initiative brings together NuScale Power's advanced small modular reactor expertise, Nuclearn's AtomAssist...
News & Press Releases
IAEA Launches ATLAS Initiative to Advance Nuclear Energy in Shipping and Floating Power Plants
The International Atomic Energy Agency (IAEA) has officially launched a landmark global initiative aimed at advancing the use of nuclear energy in civilian shipping and floating nuclear power plants. Named ATLAS โ Atomic Technologies Licensed for Applications at Sea...
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