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HD Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of South Korea's HD Hyundai, is to collaborate in a nuclear shipping project with UK start-up Core Power and US Southern Company and TerraPower. This followed a joint research and technology exchange meeting at Terrapower’s headquarters in Washington DC.
- Source: NEI Magazine
- Date: Saturday, 10 February 2024
- Original article: neimagazine.com/news/newskorean-shipbuilder-joins-nuclear-shipping-project-11502161
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
ThorCon said it has already begun discussions with the Indonesian province of Bangka-Belitung, an island state to the north of the capital Jakarta, the state electricity company PLN and the Nuclear Energy Regulatory Agency Bapeten regarding potential sites for the demonstration and the final installation of a plant.
The companies said in a joint statement that the project would begin with technology qualification of the plant, both for the nuclear reactor itself and for its encapsulation and integration with the hull systems. This would include enclosed safe compartmentalisation allowing the replacement of depleted fuel.
The concept developed by Washington state-based ThorCon is a molten salt fission reactor. Unlike current nuclear reactors, the ThorCon reactor operates at low pressure and uses liquid fuel.
- Source: Nucnet
- Date: Thursday, 15 December 2022
- Original article: nucnet.org/news/bureau-veritas-and-thorcon-to-collaborate-on-mass-production-floating-nuclear-plants-12-3-2022
With 44 days to go until the UN Climate Change Conference of the Parties (COP26) in Glasgow, leaders from ten nations plus the European Commission, European Council and United Nations last week joined US President Joe Biden in a closed-door forum at which they underscored the urgency of strengthening climate ambition ahead of COP26 and beyond. The USA and the EU also announced a Global Methane Pledge to cut global methane pollution by at least 30% from 2020 levels by 2030 through collective action.
- Source: World Nuclear News
- Date: Tuesday, 21 September 2021
- Original article: world-nuclear-news.org/Articles/Leaders-gather-for-pre-COP-climate-forum
The production of medical radioisotopes has continued during the COVID-19 pandemic but bottlenecks in transport and distribution could lead to shortages at hospitals, according to an International Atomic Energy Agency (IAEA) survey of the research reactors where the isotopes are produced.
- Source: World Nuclear News
- Date: Wednesday, 22 April 2020
- Original article: world-nuclear-news.org/Articles/Medical-isotope-supply-chain-faces-challenges-from
The main challenges facing the nuclear industry are not in the production and delivery of electricity, but in securing the policy support required for it to expand its contribution of sustainable and low-carbon energy. This was the message of Philippe Costes, senior advisor at World Nuclear Assocation, to delegates at the Nuclear Power Plants Expo & Summit in Istanbul this week.
- Source: World Nuclear News
- Date: Friday, 06 March 2020
- Original article: world-nuclear-news.org/Articles/Speech-Policy-support-for-nuclear-in-the-global-en
The impetus for new build is being spurred by a need to reduce reliance on polluting coal China has 10 nuclear units under construction including two Generation III Hualong One plants at Fangchenggang. China, with its state nuclear companies backed by a government hungry for development, is the most active nation for building new nuclear power plants. That trend that is likely to continue, although confirming lucrative export deals for its reactor technology still runs far behind the pace set by Russia, which says it had 39 reactors under construction or planned overseas as of 2018.
This compares to only two reactors under construction overseas by China, both in Pakistan, although in the UK China has a stake in EDF’s Hinkley Point C project and plans for Chinese technology at Bradwell B. At Sizewell C in Suffolk EDF wants to build a clone of Hinkley Point C if it can attract enough private investment. CGN holds a 20% share.
The government has said it wants to build 30 reactors overseas by 2030. China and Russia both see Africa, where about 600 million people live without electricity, as something of a golden fleece and are pursuing nuclear agreements, which lay the groundwork for new-build, in a number of African nations. Small modular reactors and floating reactors could be an option for isolated areas. China has already said it is close to starting work on its first floating unit, but reliable details are few and far between.
The impetus for nuclear power in China is increasingly due to air pollution from coal-fired plants. To meet its climate goal as stipulated in the Paris agreement, China will need to reduce its coal power capacity by 40% over the next decade, according to Global Energy Monitor’s analysis. At present, this seems unrealistic. In addition to roughly 1,000 GW of existing coal capacity, China has 121 GW of coal plants under construction, which is more than is being built in the rest of the world combined.
- Source: Nucnet
- Date: Friday, 24 January 2020
- Original article: nucnet.org/news/china-keen-to-match-pace-set-by-russia-in-overseas-construction-1-4-2020
Nuclear power's role in the clean-energy solution must be agreed universally this year, writes Agneta Rising, director general of World Nuclear Association.
- Source: World Nuclear News
- Date: Tuesday, 14 January 2020
- Original article: world-nuclear-news.org/Articles/Viewpoint-Nuclear-energy-from-recognition-to-res
Nuclear power's role in the clean-energy solution must be agreed universally this year, writes Agneta Rising, director general of World Nuclear Association.
- Source: World Nuclear News
- Date: Wednesday, 08 January 2020
- Original article: world-nuclear-news.org/Articles/Viewpoint-Nuclear-energy-from-recognition-to-res
Countries embarking on nuclear energy programmes for the first time or expanding their programmes after a long period without construction face integrated challenges, representatives from emerging and expanding nuclear countries have said. These challenges include the development of human resources as well as financial and political considerations.
- Source: World Nuclear News
- Date: Friday, 20 September 2019
- Original article: world-nuclear-news.org/Articles/New-nuclear-countries-face-integrated-challenges