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64 news articles found
Company’s reactor on government shortlist for deployment
- Source: Nucnet
- Date: Thursday, 14 March 2024
- Original article: nucnet.org/news/holtec-launches-gbp600-million-competition-for-smr-factory-site-3-3-2024
The AED8.89 billion (USD2.42 billion) refinancing of the Barakah nuclear power plant project, announced last year, has now been recognised as a Green Loan Facility, the Emirates Nuclear Energy Corporation has announced.
- Source: World Nuclear News
- Date: Thursday, 14 March 2024
- Original article: world-nuclear-news.org/Articles/Refinancing-of-Barakah-classed-as-green-loan
South Korea's HD Korea Shipbuilding & Offshore Engineering (KSOE) plans to develop a small modular reactor (SMR) for use in shipping in cooperation with the UK's Core Power and the USA's Southern Company and TerraPower.
- Source: World Nuclear News
- Date: Thursday, 08 February 2024
- Original article: world-nuclear-news.org/Articles/Korean-shipbuilder-joins-maritime-SMR-project
Kozloduy NPP subsidiary, Kozloduy NPP-Newbuild (KZNPP-NM - Kozloduy NPP Novi Mostnosti) has announced that five companies have expressed interest in building units 7&8 at Bulgaria’s Kozloduy NPP under an EPC (engineering, procurement & construction) contract. KZNPP-NM invited expressions of interest in January with applications to be submitted by 2 February.
- Source: NEI Magazine
- Date: Wednesday, 07 February 2024
- Original article: neimagazine.com/news/newsfive-epc-companies-express-interest-in-kozloduy-expansion-project-11493212
Global nuclear power generation is forecast to grow by almost 3% annually on average through to 2026, reaching a new record high by 2025, according to the International Energy Agency (IEA). More than half of new reactors expected to become operational during the outlook period are in China and India.
- Source: World Nuclear News
- Date: Thursday, 25 January 2024
- Original article: world-nuclear-news.org/Articles/Nuclear-output-to-reach-new-record-by-2025,-says-I
During South Korean President Yoon Suk Yeol‘s state visit to the Netherlands an agreement was signed to cooperate on nuclear power, including a feasibility study by Korea Hydro & Nuclear Power (KHNP) for the construction of a NPP in the Netherlands.
- Source: NEI Magazine
- Date: Wednesday, 20 December 2023
- Original article: neimagazine.com/news/newssouth-korea-and-netherlands-agree-on-nuclear-co-operation-11383549
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
A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683
Poland's Ministry of Climate & Environment has issued a decision-in-principle for a second large NPP. Two South Korean-supplied APR1400 reactors are planned in the Patnów-Konin region of Wielkopolska province in central Poland. A positive decision by the Ministry of Culture & Higher Education makes it possible to start work at the site and confirms the compliance of the planned investment with the objectives of Poland's energy policy. According to the plan, the two reactors with a total installed capacity of 2,800 MWe will provide 22 TWh of energy annually, which corresponds to 12% of current electricity demand in Poland.
- Source: NEI Magazine
- Date: Thursday, 30 November 2023
- Original article: neimagazine.com/news/newspoland-approves-second-large-npp-11335518
MOU is one of a number of recent agreements on possible reactor build
- Source: Nucnet
- Date: Tuesday, 21 November 2023
- Original article: nucnet.org/news/studsvik-and-fortum-to-explore-new-nuclear-at-nykoeping-site-11-1-2023