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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
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
The Federation of Korean Industries (FKI) has released a report recommending that South Korea and the US should strengthen cooperation in the nuclear power export market, which is currently dominated by Russia and China. This should include building a supply chain together.
- Source: NEI Magazine
- Date: Saturday, 13 May 2023
- Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422
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
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
Korea Hydro & Nuclear Power (KHNP) has signed a Memorandum of Understanding (MoU) with Kazakhstan Nuclear Power Plants (KNPP) - a branch of the government's Samruk-Kazyna National Welfare Fund - to cooperate on the introduction of nuclear power in Kazakhstan.
- Source: World Nuclear News
- Date: Thursday, 30 June 2022
- Original article: world-nuclear-news.org/Articles/Kazakh,-Korean-companies-to-cooperate-in-nuclear-p
Ultra Safe Nuclear Corporation (USNC) of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering (HEC) and the Korea Atomic Energy Research Institute (KAERI). The five-year agreement outlines goals for development of technologies that enhance the ability of the USNC Micro Modular Reactor (MMR) to produce and deliver carbon-free power, heat and hydrogen.
- Source: World Nuclear News
- Date: Thursday, 30 July 2020
- Original article: world-nuclear-news.org/Articles/USNC-enlists-Korean-expertise-to-develop-MMR-syste