energynews

Norway Approves Halden for a 1200 MWe SMR Nuclear Plant

Halden Kjernekraft is studying the construction of a 1200 MWe nuclear power plant based on small modular reactors (SMR). This project could reshape Norway’s energy landscape.

The United States allocates 7 billion in tax credits for nuclear-powered hydrogen

New U.S. tax rules now allow some existing nuclear power plants to qualify for hydrogen production tax credits, targeting 200 MW per reactor at risk of closure and boosting regional projects.

The United States authorizes the Monticello plant to produce 671 MWe until 2050

The NRC extends the license of the Monticello nuclear plant until 2050, confirming its strategic capacity of 671 MWe. This decision aligns with the United States' strict and sustainable energy policy.
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South Africa reconnects a nuclear reactor with 930 MW to the grid

The Koeberg nuclear power plant, operated by Eskom in South Africa, resumes activity with Unit 2, adding 930 MW to the national grid after a prolonged strategic maintenance program.

France and ASNR integrate 2,000 experts in a contested nuclear reform

The Nuclear Safety and Radiation Protection Authority (ASNR) restructures the French nuclear sector by integrating 2,000 employees. This reform, at the heart of political and economic challenges, raises questions about governance and transparency.

France sets electricity export record with 89 TWh in 2024

In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.
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France relaunches ASNR with uncertain budget for 2025

The merger of IRSN and ASN into the new ASNR raises concerns about expertise independence and a budget impasse expected as early as February 2025, according to unions.

Europe’s Nuclear Revival: Accelerating SMR Development

After years of focusing on renewable energy, the European Union is channeling resources into developing small modular reactors (SMRs) and strengthening its nuclear infrastructure.

A Major $1.6 Billion Agreement Between Mongolia and Orano for a Uranium Mine

Mongolia and Orano have reached a preliminary agreement for the exploitation of a strategic uranium mine, a $1.6 billion investment that could place the country among the world’s top 10 uranium resource holders.
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NuScale welcomes Diana Walters and announces $227 million for SMR projects

NuScale Power appoints Diana J. Walters to its board of directors. With over 35 years of experience, she will strengthen governance as the company secures $227.7 million through a strategic warrant buyback.

NANO Nuclear Energy acquires modular reactors for $8.5 million

NANO Nuclear Energy acquires MMR and Pylon reactors during an auction within the bankruptcy of Ultra Safe Nuclear Corporation for $8.5 million.

Sweden Considers Lifting Ban on Uranium Mining

A government report recommends ending Sweden's ban on uranium extraction, paving the way for exploitation under the Minerals Act by 2026.
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Ghana engages 14 experts to strengthen nuclear safety framework

Fourteen international experts evaluated Ghana's nuclear regulatory framework, highlighting significant progress while identifying major structural challenges to ensure sustainable safety.

The EPR of Flamanville: Chronicle of a Chaotic Journey and the Future of Nuclear

The EPR of Flamanville symbolizes the challenges of French nuclear energy: delays, cost overruns, and loss of expertise. As the future shifts toward EPR2, the revival of this strategic sector remains fraught with uncertainties.

Argentina’s Javier Milei Announces Nuclear Reactor to Meet 9% Energy Demand Growth

Argentine President Javier Milei has unveiled plans to build a modular nuclear reactor to address a 9% increase in energy demand in 2024, largely driven by the rise of artificial intelligence.
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TerraPower and HD Hyundai partner on a 345 MW nuclear reactor in the United States

HD Hyundai and TerraPower collaborate on the Natrium project, a 345 MW nuclear reactor planned in Wyoming by 2030. This project represents a major step forward in the modular reactor sector to enhance the global energy transition.

Italy: MAIRE-newcleo agreement for a 200 MWe nuclear reactor

MAIRE S.p.A. and newcleo Holding launch Italy's first nuclear project under the Meloni government, featuring a 200 MWe advanced modular reactor.

The Global Nuclear Market Will Reach USD 44.71 Billion by 2029 Through Strategic Investments

Driven by favorable public policies and growing energy demand, the global nuclear energy market is projected to reach USD 44.71 billion by 2029, with an annual growth rate of 2.9%. Major powers are intensifying investments in the sector.
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The United States Grants Two Subsidies for Nuclear Projects in Bulgaria

Two American grants will finance studies on radioactive waste management and modular nuclear reactors in Bulgaria, strengthening bilateral cooperation and supporting the country's energy objectives.

Flamanville’s EPR: 20 Years of Challenges for a New Energy Hope

The Flamanville EPR will be connected to the grid this Friday. After two decades of delays and cost overruns, this next-generation reactor marks a major milestone for French nuclear energy.