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According to the Wall Street Journal (WSJ), Saudi Arabia is considering a Chinese proposal to build a NPP. Citing Saudi sources acquainted with the situation, WSJ said China National Nuclear Corp (SNNS) had submitted a bid to construct a nuclear plant in Saudi Arabia’s Eastern Province, close to the border with Qatar and the United Arab Emirates (UAE).

Source: NEI Magazine
Date: Wednesday, 30 August 2023
Original article: neimagazine.com/news/newssaudi-arabia-reportedly-considers-chinese-bid-for-npp-11105735

Iran has resolved two outstanding inquiries from the International Atomic Energy Agency (IAEA) related to the presence of highly enriched uranium (HEU) particles at several sites. The confidential quarterly report by the IAEA, which is routinely leaked to the press, said inspectors no longer had questions on uranium particles found to be enriched to 83.7% at its underground Fordow facility. This had resulted in tension for the past several months although some resolution was achieved in March following a visit to Tehran by IAEA Director General Rafael Mariano Grossi. Iran had insisted at that time that those particles were a by-product of its current enrichment as particles can reach higher enrichment levels in fluctuations. “The agency informed Iran that, following its evaluation of the data, the agency had assessed that the information provided was not inconsistent with Iran’s explanation ... and that the agency had no further questions on this matter at this stage,” the report said.

Source: NEI Magazine
Date: Wednesday, 07 June 2023
Original article: neimagazine.com/news/newsiaea-resolves-some-outstanding-issues-with-iran-10918237

The US government has rejected Korea Hydro & Nuclear Power’s (KHNP’s) report on the tender for a nuclear power plant project in the Czech Republic. This has increased concerns that Korea’s plans to boost its nuclear reactor exports may continue to be stalled by ongoing litigation with Westinghouse Electric Company.

Source: NEI Magazine
Date: Wednesday, 12 April 2023
Original article: neimagazine.com/news/newsus-stalls-south-koreas-npp-export-plans-10747925

Both countries bullish on role of reactors in drive to net zero Grant Shapps and Lee Chang-yang signed the agreement in Seoul. Courtesy South Korea ministry of trade, industry and energy. South Korea and the UK signed an agreement on Monday (10 April) to increase nuclear energy cooperation, including the possibility of South Korean businesses participating in the construction of new plants in the UK.

According to the South Korea’s ministry of trade, industry and energy, minister Lee Chang-yang and his counterpart Grant Shapps, the UK’s secretary of state for energy security and net zero, discussed during a meeting in Seoul various ways for cooperation in the nuclear power sector, including nuclear power plant design and construction, equipment manufacturing, nuclear power plant decommissioning, nuclear fuels, and small modular reactors.

“Korea has competitiveness in design, construction and equipment manufacturing of nuclear power plants while the U.K. has strengths in the decommissioning of nuclear plants and nuclear fuels,” Lee said. “The two countries can cooperate in a mutually beneficial way.”

Seoul said South Korea and the UK will also expedite talks on Korea Electric Power Corporation’s (Kepco) potential participation in new nuclear power plant construction in the UK.

Source: Nucnet
Date: Tuesday, 11 April 2023
Original article: nucnet.org/news/agreement-could-lead-to-participation-in-uk-nuclear-projects-4-1-2023

Saudi Arabian Energy Minister Prince Abdulaziz Bin Salman says Saudi Arabia plans to use domestically-sourced uranium to develop its nuclear power industry. “We have large quantities of uranium, and we will exploit them commercially in the best way... We will deal with uranium reserves with full transparency, and we will search for the appropriate partners,” he noted.

Source: NEI Magazine
Date: Friday, 20 January 2023
Original article: neimagazine.com/news/newssaudi-arabia-to-use-domestic-uranium-for-nuclear-development-10529986

Korea Hydro & Nuclear Power (KHNP) and parent company Korea Electric Power Corp (Kepco) are reportedly in discussion with US-based Westinghouse Electric Company on possibly sharing profits from South Korean nuclear reactor exports following a legal dispute which arose when the two were competing for a new build contract in Poland.

Source: NEI Magazine
Date: Friday, 13 January 2023
Original article: neimagazine.com/news/newssouth-korea-seeks-to-end-dispute-with-westinghouse-10511335

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.

Source: Nucnet
Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023

The Korea Institute of Nuclear Safety (KINS) on 26 July signed a $2.32 million contract with the Nuclear and Radiological Regulatory Commission of Saudi Arabia to provide regulatory support for the 30kW research reactor designed by INVAP of Argentina that has been under construction since November 2018. KINS will provide assistance regarding the reactor in terms of licensing guidelines and regulatory procedure development for the trial run and operational stage.

Source: NEI Magazine
Date: Thursday, 04 August 2022
Original article: neimagazine.com/news/newssouth-korea-to-support-research-reactor-regulation-in-saudi-arabia-9896750

Seoul to resume construction of two units as president says building reactors is ‘global trend’ Work on Shin-Hanul-3 and Shin-Hanul-4 was halted in 2017 under the nuclear phaseout policy of the previous administration. Courtesy KHNP. South Korea has announced a new energy policy that calls for a “feasible and reasonable energy mix” with construction of the Shin-Hanul-3 and - 4 nuclear powers to resume and the aim of increasing the share of nuclear power to a minimum of 30% by 2030.

The policy effectively reverses the previous administration’s plans to phase out commercial nuclear energy.

Former president Moon Jae-in’s policy had been to retire the country’s 24 commercial reactors, which supply about 30% of its electricity generation, and refrain from building new ones.

By contrast, new president Yoon Suk-yeol, who took office earlier this year, is bullish on the need for South Korea to embrace nuclear energy. He has said building nuclear power plants is a global trend and essential to the reduction of carbon and energy security, noting that the EU had recently classified nuclear power as green energy in its sustainable finance taxonomy.

Source: Nucnet
Date: Thursday, 07 July 2022
Original article: nucnet.org/news/new-energy-policy-reverses-phaseout-plans-and-targets-30-nuclear-share-in-2030-7-3-2022

The Wall Street Journal has claimed that Saudi Arabia has constructed a facility – with assistance from China – to extract uranium yellowcake from uranium ore, citing western officials with knowledge of the matter.

The US newspaper reported that the processing facility, which has not been publicly disclosed, is in Saudi Arabia’s northwest region and is raising concerns from US officials. It said the main concern is that as the kingdom moves ahead with developing a commercial nuclear programme, it is keeping the door open for the creation of nuclear weapons.

Press reports said the Saudi energy ministry has “categorically denied” that it has built a uranium ore facility in the area described by the western officials. However, the reports quoted Saudi officials as saying that the extraction of uranium is a key component of the kingdom's economic diversification strategy, which looks to move away from its dependence on oil exports.

The energy ministry confirmed Saudi Arabia has a contract with China on uranium exploration in certain areas.

Source: Nucnet
Date: Thursday, 06 August 2020
Original article: nucnet.org/news/saudi-arabia-press-report-claims-kingdom-has-built-uranium-processing-facility-8-3-2020

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