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The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.

Date: Friday, 26 January 2024
Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539

A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683

Japan’s Chubu Electric Power Co has decided to invest in US NuScale Power and has agreed to acquire issued shares in NuScale from Japan Bank for International Cooperation (JBIC). NuScale, established in Portland Oregon in 2007 is working to commercialise its small modular reactor (SMR) design – the only SMR design which has been certified by the US Nuclear Regulatory Commission (NRC).

Date: Wednesday, 13 September 2023
Original article: neimagazine.com/news/newschubu-electric-to-invest-in-nuscale-11140076

US-based NuScale Power has joined the Romanian Atomic Forum (Romatom) as a supporting member to champion the association’s nuclear energy goals. Romania aims to be the first country in Europe to deploy a NuScale VOYGR small modular reactor (SMR) power plant. John Hopkins, NuScale President & CEO, said NuScale was “committed to advancing the secure deployment of SMRs globally”.

Date: Friday, 26 May 2023
Original article: neimagazine.com/news/newsnuscale-power-joins-romanian-atomic-forum-10884712

Funding of up to USD275 million to advance the deployment of a NuScale Power Corporation VOYGR small modular reactor (SMR) plant in Romania was announced at the G7 leaders' summit by the USA and "multinational public-private partners" from Japan, South Korea and the United Arab Emirates.

Date: Tuesday, 23 May 2023
Original article: world-nuclear-news.org/Articles/NuScale-s-Romanian-SMR-plan-gets-USD275-million-bo

The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear clean energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. Coordinating Minister for Economic Affairs Airlangga Hartarto, US Ambassador to Indonesia Sung Y Kim, US Department of State Principal Deputy Assistant Secretary Ann Ganzer and the US Trade and Development Agency (USTDA) announced the Memorandum of Agreement during the Indo-Pacific Business Dialogue in Bali.

Date: Thursday, 23 March 2023
Original article: neimagazine.com/news/newsunited-states-and-indonesia-announce-partnership-on-smrs-10694620

The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear energy programme, supporting Indonesia's interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals.

Date: Tuesday, 21 March 2023
Original article: world-nuclear-news.org/Articles/USA,-Indonesia-announce-partnership-on-SMRs