China plans to launch commercial operations at the world’s first small modular reactor (SMR) to generate nuclear energy as early as in the first half of 2026, according to the president of the China Institute of Nuclear Industry Strategy. The Linglong One reactor was the first SMR to be approved …
Read More »India to Open Nuclear Power to Private Investment in $214 Billion Push
India is close to opening its nuclear power sector to private investment as it seeks to boost installed nuclear capacity tenfold by 2047, which is estimated to cost $214 billion (19.28 trillion Indian rupees). The bill to open the nuclear energy sector to private investment is expected to be passed …
Read More »Hungary Makes Historic Switch to American Nuclear Fuel
Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant in the country, Hungarian Foreign Minister Peter Szijjarto said ahead of a meeting of the U.S. and Hungarian leaders. Szijjarto is part of a large Hungarian delegation led by Prime Minister Viktor …
Read More »Japan’s J-Power to Close Coal Plants by 2028
Japanese power company J-Power has announced plans to close two units at a thermal coal power plant by the end of fiscal 2028 as part of its commitment to reduce emissions and achieve carbon neutrality by 2050. J-Power will retire Units 1 and 2 at the Takasago Thermal Power Station …
Read More »Japan’s New PM Pushes for Faster Nuclear Reactor Restarts
Japan’s newly elected Prime Minister, Sanae Takaichi, favors accelerating the restart of nuclear reactors as a way to reduce the G7 economy’s dependence on energy imports. As part of its decarbonization plans, Japan has made a U-turn in nuclear energy policy and plans to rely more on nuclear reactors for …
Read More »Iran and Russia Discuss Boosting Nuclear Energy Cooperation
Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of the Atomic Energy Organization of Iran (AEOI), discussed nuclear energy cooperation in Tehran with Nikolai Spassky, Deputy CEO for International …
Read More »Global Nuclear Generation Set for a Slowdown
Global nuclear power generation is on course to decline after a record-breaking 2024 on insufficient investment and aging power plants, the World Nuclear Industry Status Report has warned. Ahead of the official release of the report, later today, Reuters wrote that, in addition to already announced new nuclear projects, 44 …
Read More »The U.K. and U.S. Have Big Plans for Small Modular Nuclear Reactors
As U.S. President Donald Trump and U.K. Prime Minister Kier Starmer meet on the president’s second official visit to Britain this term, nuclear power is one of the energy topics expected to be addressed. Both countries are pursuing a new era of nuclear power, after several decades of stagnation, investing …
Read More »India Braces for Power Price Hikes as Nuclear Plant Undergoes Maintenance
India could see spikes in power prices in the coming weeks as supply will be constrained and procurement costs will rise with the shutdown of a unit at the country’s largest nuclear power plant for maintenance. India has now shut the 1-GW Unit 1 at the Kudankulam nuclear power plant …
Read More »NASA Wants to Put a Nuclear Reactor on the Moon
NASA is accelerating plans to set up a nuclear reactor to the Moon by the end of the decade, to power bases there and help America be the first nation to have an energy base powered by 24/7 nuclear power on the Moon and win the “second space race” with …
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