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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.

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).

Date: Wednesday, 30 August 2023
Original article: neimagazine.com/news/newssaudi-arabia-reportedly-considers-chinese-bid-for-npp-11105735

South Korea’s Kepco Nuclear Fuel (KNF) and GS Engineering & Construction (GS E&C) are to collaborate with Denmark’s Seaborg Technologies to investigate the feasibility of developing a low enriched uranium (LEU) fuel salt production facility in South Korea. The companies see fluoride fuel salt supply as important for generation 4 advanced reactors.

Date: Saturday, 24 June 2023
Original article: neimagazine.com/news/newssouth-korea-and-denmark-to-collaborate-on-leu-fuel-salt-production-10961645

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.

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.

Date: Saturday, 13 May 2023
Original article: neimagazine.com/news/newsfederation-of-korean-industries-calls-for-korea-us-smr-alliance-10842422

Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at the Nuclear Energy Forum being held in Japan’s Sapporo alongside the meeting of Group of Seven (G7) ministers on climate, energy and environment. It was published on the UK government website.

Date: Thursday, 20 April 2023
Original article: neimagazine.com/news/newsfive-g7-nations-aim-to-cut-dependence-on-russian-nuclear-technology-10770200

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.

Date: Wednesday, 12 April 2023
Original article: neimagazine.com/news/newsus-stalls-south-koreas-npp-export-plans-10747925

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.

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

Date: Wednesday, 09 November 2022
Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle