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Nuclearelectrica, E-INFRA, Nova Power & Gas, Fluor Enterprises, Samsung C&T Corporation and NuScale Power have signed a memorandum of understanding (MoU) to collaborate to implement NuScale small modular reactor plants (SMR) in Romania and elsewhere in Central and Eastern Europe.

Date: Thursday, 15 June 2023
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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
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Plans are for two reactors supplied by South Korea Jacek Sasin said nuclear energy is needed for the Poland’s energy independence Polish state-controlled energy group PGE and private energy company ZE PAK have established a joint project company to oversee the proposed deployment of APR-1400 nuclear power plants at the Patnow coal site in central Poland.

PGE said the two companies will each have a 50% share in PGE PAK Energia Jadrowa (PGE PAK Nuclear Energy), which will “guarantee the interests of the Polish state treasury”, a majority stakeholder in the PGE group.

In October 2022, ZE PAK and PGE signed a letter of intent with Korea Hydro and Nuclear Power (KHNP) for eventual deployment of the company’s APR-1400 PWR technology at the Patnow coal-fired generation site, owned by ZE PAK.

Reports said the project was being developed as a private initiative and would not be run by the government under its central 2020 nuclear energy programme, although PGE is majority-owned by the Polish state.

Date: Saturday, 15 April 2023
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Nuclear energy will account for 34.6% of South Korea's electricity generation by 2036, compared with 27.4% in 2021, according to the latest plan finalised by the country's Ministry of Trade, Industry and Energy (MOTIE).

Date: Friday, 13 January 2023
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Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Date: Tuesday, 10 January 2023
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