Nuclear Energy

An international audit led by the International Atomic Energy Agency confirms that Spain has fully addressed the recommendations made in 2018 regarding its nuclear waste management programme.
EDF anticipates a 35 MW decrease in output for the Flamanville EPR between 2026 and 2031, citing a degraded performance level with no official technical explanation to date.

India extends small reactor tender by six months to broaden industrial participation

Nuclear Power Corporation of India Ltd has pushed the Bharat Small Reactors proposal deadline to 31 March 2026, aiming to expand private sector engagement in the captive nuclear energy project.
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The Philippine government grants contractual advantages and priority dispatch to its first nuclear project, laying the groundwork for sustained sector development in the coming decades.
The merger between Terra Innovatum and GSR III Acquisition Corp. includes $130mn in proceeds aimed at supporting the industrial development of its SOLO™ micro-nuclear reactor.

NANO Nuclear raises $400mn in oversubscribed private placement to fund compact reactors

US nuclear technology firm NANO Nuclear Energy has secured $400mn through an oversubscribed private placement, raising its cash position to approximately $600mn to accelerate development of its KRONOS MMR™ microreactors.
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Global Nuclear Fuel, a GE Vernova-led alliance with Hitachi, plans the first use of its GNF4 boiling water reactor fuel in 2026, with full-scale production expected by 2030.
Arkansas has appointed Excel Services to analyse the economic, technological and logistical outlook of a new nuclear programme, with results expected within ten months.

Belgium approves nuclear waste storage extension at Dessel

Operator Belgoprocess has received authorisation to build a new facility to store waste generated from the ongoing decommissioning of Belgium’s nuclear reactors.
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The British government has launched a consultation on the regulatory justification request for Rolls-Royce’s modular reactor, a decisive step towards its approval in the country’s nuclear market.
GVH and Samsung C&T join forces to accelerate international deployment of BWRX-300 small modular reactors, with a strong focus on Sweden and the consolidation of the nuclear supply chain.

Sweden prepares compensation framework to secure nuclear investments

The Swedish government aims to establish a right to compensation for operators if a political reversal leads to the early shutdown of nuclear plants, in a move to reduce investment risks.
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Duke Energy adds a large nuclear reactor project to its 2025 plan for the Carolinas, anticipating electricity demand more than twice previous forecasts.
EDF has selected Arabelle Solutions to supply two complete turbine islands for the Sizewell C nuclear power plant, strengthening their industrial cooperation initiated at Hinkley Point C.

Rome launches legislative process to reintegrate nuclear energy into its mix

The Italian government has approved a bill granting the executive authority to regulate the return of nuclear energy, in line with European carbon neutrality and energy security targets for 2050.
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Framatome and the French Alternative Energies and Atomic Energy Commission have commissioned a specialised industrial line in Jeumont for the manufacturing of nuclear components used in French Navy vessels.
Italian company Terra Innovatum is advancing the commercialisation of its SOLO micro-reactor, with two new partnerships and $42.5mn in funding as part of a merger with a listed company.

Orano, Navoiyuran and ITOCHU launch uranium mining at South Djengeldi site

The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.
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The containment structure over Chernobyl’s destroyed reactor lost power after a Russian strike, as Zaporizhzhia remains cut off from external electricity for over a week.
Uranium deliveries to U.S. civilian operators rose 8% in 2024, while the average price climbed to its highest level since 2012, according to the latest available data.
Iran and Russia have signed a memorandum of understanding for the design and construction of small modular nuclear reactors, strengthening their cooperation in the field of civilian nuclear energy.
Nuclear company Oklo has officially broken ground on its Aurora-INL reactor in Idaho, marking a concrete step toward the commercial deployment of a sodium-cooled fast reactor.

SPIE secures national contract with EDF for cryogenic operations

SPIE Nucléaire wins a contract for cryogenics across EDF’s nuclear fleet, strengthening its role in maintenance operations without production shutdowns.
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The Swedish government proposes a $23.4bn budget framework in its 2026 bill to support the construction of new nuclear reactors through loans and price hedging mechanisms.
Framatome inaugurates a site in Navi Mumbai to support life-extension programmes and new builds, in coordination with Électricité de France and local partners, with a view to 100 GW of nuclear capacity in 2047.

Heqi No. 1 supplies 4.8 mn t/yr of industrial nuclear steam

Heqi No. 1, integrated into the Tianwan plant, delivers 4.8 mn tonnes of nuclear process steam per year to the Lianyungang petrochemical hub, with output validated by reactor–turbine matching and multi-stage heat exchange.
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A nuclear fuel fabrication project in Lingen involving the French company Framatome and Russia’s Rosatom is raising concern in Germany, where the last reactors were shut down in 2023.
The Swedish government is implementing a $20.2bn public loan programme to finance the construction of new nuclear reactors and strengthen the security of electricity supply.

Imminent sanctions: Iran faces the European nuclear ultimatum

Talks between Iran and the E3 group have not succeeded, leaving the return of economic sanctions looming, which could heavily affect Iran’s oil sector.
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A nationwide strike led to a targeted reduction in EDF’s nuclear production, affecting only the Flamanville 1 reactor, with no impact on hydropower output.
Framatome has opened a new site in Navi Mumbai, marking a strategic step in its expansion into the Indian nuclear market, as the country targets 100 GW of installed capacity by 2047.

NANO Nuclear sells ODIN reactor technology to Cambridge Atom Works for $6.2mn

The sale of ODIN™ technology to Cambridge Atom Works allows NANO Nuclear to refocus on its modular gas reactor portfolio while capitalising on potential royalty revenue.
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Canadian firm Aecon will collaborate with Estonia’s Fermi Energia on preparatory work for the BWRX-300 reactor, aiming to transfer Canadian expertise in small modular nuclear technology.
Kansai Electric Power will restart feasibility studies in November for a new reactor at Mihama, halted after Fukushima, as part of a prolonged public effort to revive investment in Japan’s nuclear sector.

Terra Innovatum signs agreement with Argentina’s Conuar for SOLO nuclear reactor components

Terra Innovatum has signed a memorandum of understanding with Conuar for the supply of key components for the industrial production of its SOLO micro-modular reactor, marking a strategic move into the South American market.
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Validation of underground injection permits by the U.S. Environmental Protection Agency strengthens Dewey Burdock’s regulatory position and paves the way for state permitting expected in 2025.
Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.

London and Washington commit to accelerating bilateral nuclear projects

A strategic partnership between the United Kingdom and the United States aims to shorten nuclear licensing timelines and strengthen industrial cooperation around fusion and modular reactors.
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The International Atomic Energy Agency projects global nuclear capacity to reach 992 GW by 2050, driven by small modular reactors and lifetime extensions of existing plants.
Premier American Uranium and Nuclear Fuels have announced a target date of around September 19 to finalise their strategic consolidation, pending final approval from the TSX Venture Exchange.