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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.

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

White House says partnership will position US technology to lead global race for SMR deployment NuScale’s SMR design features a fully factory-fabricated module capable of generating 77 MW of electricity. Courtesy NuScale. US president Joe Biden and Romania’s president Klaus Iohannis announced at the Cop26 climate conference in Glasgow that NuScale Power and Romania’s state-owned nuclear company Nuclearelectrica are planning to build a first-of-a-kind small modular reactor plant in Romania.

US-based NuScale, which has developed a modular, light-water SMR, said the “teaming agreement” builds upon an intergovernmental agreement signed by the US Department of Energy and the Romanian energy ministry. In 2019, NuScale and Nuclearelectrica signed a memorandum of understanding to evaluate the development, licensing and construction of a NuScale SMR in Romania.

The White House had said earlier in a fact sheet on president Joe Biden’s climate plans that the partnership will position US technology to lead in the global race for SMR deployment.

NuScale said the partnership comes at a pivotal time as senior government policymakers from around the world discuss the urgency of accelerating the clean energy transition. NuScale’s SMRs can support international climate goals to mitigate the worst impacts of climate change while strengthening global prosperity, the company said.

Source: Nucnet
Date: Thursday, 04 November 2021
Original article: nucnet.org/news/us-and-romania-confirm-agreement-to-collaborate-on-nuscale-plant-11-3-2021

All realistic options that might contribute to global net-zero must be considered, the Generation IV International Forum (GIF) has said in an open letter to COP26 President Alok Sharma. Nuclear systems and advanced reactors - such as Generation IV systems - can contribute to a net-zero society alongside renewable energies, it says.

Source: World Nuclear News
Date: Saturday, 30 October 2021
Original article: world-nuclear-news.org/Articles/GIF-calls-for-nuclear-s-inclusion-in-COP26-discuss

Nuclear energy, as an asset class, has the potential to report well against a wide range of Environmental, Social and Governance (ESG) data collection and accounting metrics, according to a new report from the Generation IV International Forum (GIF). This should allow nuclear energy to be considered as an investable asset class, thereby allowing nuclear companies and projects to access climate finance.

Source: World Nuclear News
Date: Wednesday, 08 September 2021
Original article: world-nuclear-news.org/Articles/GIF-highlights-nuclear-s-ESG-attributes

The goals of the Generation IV International Forum (GIF) - and the six reactor types that are its focus - remain as important today as they have always been, speakers at an international panel discussion held to mark the organisation's 20th anniversary agreed. Looking to the future, demonstration should become a focus to drive forwards to deployment of the technology.

Source: World Nuclear News
Date: Wednesday, 05 May 2021
Original article: world-nuclear-news.org/Articles/Generation-IV-Forum-marks-anniversary

Innovation has always been at the heart of the nuclear power industry and its future depends on this commitment to technological advancement in both large and small reactor designs. This was the message of the International Framework for Nuclear Energy Cooperation (IFNEC) General Ministerial Conference held in Washington DC last week.

Source: World Nuclear News
Date: Tuesday, 19 November 2019
Original article: world-nuclear-news.org/Articles/Conference-Advancing-the-rebirth-of-nuclear-power

The US is buying 32t of Iranian heavy water to help Iran meet the terms of last July's landmark nuclear deal under which Iran agreed to curb its nuclear programme in exchange for sanctions relief. The agreement was signed on 22 April in Vienna between Iran and officials from the six countries that negotiated the nuclear deal - E3/EU+3 (China, France, Germany, Russia, the UK and the USA plus the European Union). It calls for the US Department of Energy's (DOE's) Isotope Program to purchase the heavy water from a subsidiary of the Atomic Energy Organization of Iran (AEOI) for about $8.6m, officials said. They said the heavy water will be stored at the Oak Ridge National Laboratory (ORNL) in Tennessee and then resold on the commercial market for research purposes.

Source: NEI Magazine
Date: Tuesday, 26 April 2016
Original article: neimagazine.com/news/newsiran-enters-the-global-market-for-nuclear-materials-4874899