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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

Sale comprises of businesses in the US, Canada, France and the UK Rolls-Royce said the deal does not include its small modular reactor venture. Westinghouse Electric Company has completed the acquisition of Rolls-Royce’s civil nuclear systems and services business in North America and a number of sites in Europe.

Rolls-Royce said the sale comprises civil nuclear services businesses in the US and Canada along with sites at Mondragon, France, and Gateshead, UK, which are part of its power systems business unit.

The sale does not include the instrumentation and controls business based in Grenoble, France, which remains under review.

It also does not include Rolls-Royce’s UK nuclear new build operations or small modular reactor activities.

The company is heading an SMR consortium which plans to install and operate “factory-built power stations” capable of competing on price with low-cost renewables such as offshore wind.

Source: Nucnet
Date: Tuesday, 04 February 2020
Original article: nucnet.org/news/westinghouse-completes-acquisition-of-civil-nuclear-businesses-2-1-2020

Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams.

Source: World Nuclear News
Date: Wednesday, 07 March 2018
Original article: world-nuclear-news.org/Articles/Five-reasons-nuclear-energy-will-rebound-in-2018

The UK intends to leave the European Atomic Energy Community (Euratom), according to explanatory notes to a bill the government published yesterday authorising Brexit. The notes state the bill empowers the prime minister to leave both the European Union and Euratom.

Source: World Nuclear News
Date: Friday, 27 January 2017
Original article: world-nuclear-news.org/Articles/UK-nuclear-industry-faces-prospect-of-Euratom-exit

Rolls-Royce has expanded its nuclear portfolio west into the USA and east into Russia with two recent business deals.

Source: NEI Magazine
Date: Tuesday, 13 September 2011
Original article: neimagazine.com/news/newsrolls-royce-buys-r-brooks-and-signs-deal-with-rosatom