Nuclear Energy
News & Press Releases
U.S. DoE to Offer Around $800mn for Small Modular Reactors
The U.S. Department of Energy has confirmed that it is going to offer almost $800 million in order to support the development of small modular reactors by the Tennessee Valley Authority as well as Holtec, the private company.
The Trump...
Asia
ADB and IAEA to Cooperate on the Usage of Nuclear Energy
President Masato Kanda of the Asian Development Bank - ADB and International Atomic Energy Agency - IAEA Director General Rafael Mariano Grossi have inked a memorandum of understanding - MOU in order to make the cooperation on the usage...
Asia
China Encourages More Private Investment in Energy Projects
China is changing how it handles major energy and infrastructure projects, opening the door to more private investment in energy projects. In some cases, private investors could hold more than a 10% stake. The government says this move is...
Companies
European Nuclear Consortium Launches Data4NuclearX Project
A consortium of six major European entities, EDF, CEA, Dawex, GIFEN, Institut Mines-Télécom, and Sopra Steria, has joined forces to establish a sovereign and secure digital platform for data exchange within the nuclear industry. The initiative, called Data4NuclearX, is...
Europe
UKAEA Launches Simulator for Tritium Fuel Cycle Training
The UK Atomic Energy Authority (UKAEA) is building on its strong record in digital innovation with a new focus on tritium fuel cycle technologies, a key part of the push toward sustainable fusion energy. Working with Bilfinger UK, the...
America
Cameco, Brookfield Signs Nuclear Reactor Deal with US Govt
Cameco Corporation announced that it has signed a binding term sheet with Brookfield Asset Management (Brookfield) and the United States Department of Commerce (US Government) to form a strategic partnership aimed at accelerating the deployment of Westinghouse Electric Company’s...
Companies
Canada Government Announces CAD 3B Funding for SMR Projects
Two Canadian government agencies will together invest CAD3 billion (USD2.1 billion) in Ontario Power Generation’s (OPG) Darlington New Nuclear Project, acquiring minority stakes to help reduce financial and operational risks associated with building small modular reactors (SMRs). Canada Growth...
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