Filter by tags: South Korea China United States Uranium Clear all tag filters
21 news articles found
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
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 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
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
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
Inspection and certification company Bureau Veritas (BV) recently signed an agreement with nuclear power technology developer ThorCon for the Technology Qualification and subsequent development of a 500MW molten salt nuclear power barge intended for operations in Indonesia. Thorcon has been promoting its technology to key Indonesian institutions since 2015, the year that, Indonesia decided to cancel its $8bn plans to construct four nuclear plants with a total capacity of 6GWe by 2025.
- Source: NEI Magazine
- Date: Friday, 23 December 2022
- Original article: neimagazine.com/news/newsmolten-salt-nuclear-power-barge-proposed-for-indonesia-10446084
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
Construction of a second NPP on the Irtysh River in the Kurchatov region is being considered, Kazakhstan’s Vice Minister of Energy Zhandos Nurmaganbetov told a press conference on 3 August. Both Lake Balkhash and the Irtysh River are suitable sites for a NPP, he noted, adding: “Lake Balkhash will be the location of the NPP in Kazakhstan.” He explained that, if Kazakhstan aims to achieve carbon neutrality, “then there is no other way out but to build several plants”. The Irtysh is certainly a promising site, he noted, and once construction of the first plant begins, “the question arises: how many nuclear plants there will be in Kazakhstan”. He said relevant discussions are underway and detailed information will be looked at by the end of the year or early in 2023.
- Source: NEI Magazine
- Date: Wednesday, 10 August 2022
- Original article: neimagazine.com/news/newskazakhstan-chooses-site-for-second-npp-9913411
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