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17 news articles found
World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi. The Summit was the highest-level meeting to date exclusively focused on the topic of nuclear energy. It followed inclusion of nuclear energy in the Global Stocktake agreed at the UN Climate Change Conference (COP28) in Dubai in December 2023 and the launch of the IAEA’s Atoms4NetZero initiative.
- Source: NEI Magazine
- Date: Wednesday, 27 March 2024
- Original article: neimagazine.com/news/newsnuclear-energy-summit-attracts-world-leaders-11632691
Leaders and representatives from 32 countries at the Nuclear Energy Summit backed measures in areas such as financing, technological innovation, regulatory cooperation and workforce training to enable the expansion of nuclear capacity to tackle climate change and boost energy security.
- Source: World Nuclear News
- Date: Friday, 22 March 2024
- Original article: world-nuclear-news.org/Articles/Leaders-back-nuclear-at-summit
Hyundai Engineering CEO Hong Hyun-seong and the Korea Atomic Energy Research Institute (KAERI) President Joo Han-gyu have signed a memorandum of understanding (MOU) to jointly promote the commercialisation and export of KAERI’s SMART small modular reactor (SMR). Hyundai Engineering will be responsible for business development, financing and EPC (engineering, procurement & construction) for verification and commercialisation of SMART and KAERI will continue to support reactor design and licensing.
- Source: NEI Magazine
- Date: Thursday, 14 December 2023
- Original article: neimagazine.com/news/newskaeri-and-hyundai-engineering-to-promote-export-of-smart-smr-11369646
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
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
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
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