NUCLEAR POWER Direct
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Nuclear
TVA Boosts Nuclear Funding with $150M for SMR Development at Clinch River
The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $150 million for the public power utility’s $200 million New Nuclear Program to boost continued design work and development of potential small modular reactors (SMRs) at TVA’s Clinch River site near Oak Ridge, Tennessee. The combined $350 million funding for the project will […]
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Trends
IAEA: Aging Nuclear Fleet Warrants Reactor Life Extensions, Much More New Capacity
While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds of the world’s nuclear reactors are more than 30 years old, and nearly a third have been in operation for 40 years. According to the […]
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Nuclear
China Approves 11 New Nuclear Reactors, Including Fourth-Generation Design
State-run China Energy News reported that officials on August 19 approved construction of 11 nuclear reactors across the country, part of a wave of new reactors that could see China surpass both the U.S. and France in terms of operating reactors by the end of the decade. CGN Power Co., a subsidiary of China’s state-owned […]
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Nuclear
Canadian Groups Invest Millions to Support Commercial Fusion Energy
A leading nuclear science and technology group in Canada, along with the investment arm of one of the country’s top banks, said they together would invest about CA$20 million ($14.6 million) to support development of commercial fusion energy. Canadian Nuclear Laboratories and BDC Capital, part of the Business Development Bank of Canada, on August 8 […]
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Nuclear
India’s Prototype Fast Breeder Nuclear Reactor Moves Closer to Criticality
India’s Atomic Energy Regulatory Board (AERB) will allow the country’s flagship 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) in Kalpakkam, Tamil Nadu, to approach criticality. The nuclear energy safety watchdog on July 30 granted state-owned Bharatiya Nabhikiya Vidyut Nigam Ltd. (BHAVINI) permission to embark on the final stage of core loading following assessments, extensive safety reviews, and plant […]
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International
South Africa Announces Bold Shift to Renewables and Nuclear
Emerging from a historic election that stripped the African National Congress (ANC) party of its majority, South Africa’s new government has indicated it will accelerate the transition to renewable power to
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Nuclear
Another Fourth-Generation Nuclear Reactor Begins Construction in the U.S.
Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced nuclear industry, which celebrated the groundbreaking of TerraPower’s Kemmerer 1, a pioneering sodium-cooled fast reactor demonstration, in June. Site work and excavation for the Hermes […]
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Nuclear
China Starts Construction of More Reactors as Part of Rapid Nuclear Buildout
Updated data from the China Nuclear Energy Association (CNEA) shows the country has 55 nuclear reactors in operation, ranking third globally behind the U.S. and France. The CNEA said China at present has a world-leading 26 nuclear power units under construction, including Unit 5 of the Ningde Nuclear Power Plant in Fujian Province, where the […]
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Power
Nuclear Power Startup Plans 6-GW Fleet of U.S. Plants
A Kentucky-based group has announced plans to build a 6-GW fleet of nuclear power stations in the U.S., looking to take advantage of bipartisan support for nuclear technology and the need to build more baseload, zero-carbon sources of energy. The Nuclear Company, headquartered in Lexington, said its business model would lean on “proven, licensed technology […]
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NUCLEAR POWER Direct—July 24, 2024
POWER Magazine Jobs White Papers Webinars Events Store July 24, 2024 Plant Vogtle Units 3 and 4 Win POWER's Plant of the Year Award Adding new reactors to the U.S.’s fleet of nuclear power plants doesn’t happen every day. In fact, prior to the addition of Plant Vogtle Units 3 […]