Filter by tags: Small modular reactor Japan South Korea Clear all tag filters
16 news articles found
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
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
Members of the International Nuclear Regulators' Association (INRA) say they are committed to proactively collaborate on generic reactor design assessments and licensing and to support national regulatory reviews on small modular reactors (SMRs). INRA, established ion 1997, is a collective of the heads of the nuclear regulatory authorities from Canada, France, Germany, Japan, South Korea, Spain, Sweden, the UK and the USA. Its stated goal is to share knowledge and provide support to enhance nuclear safety, security and radiological protection.
- Source: NEI Magazine
- Date: Wednesday, 31 May 2023
- Original article: neimagazine.com/news/newsnuclear-regulators-to-collaborate-on-smrs-10898002
US-based NuScale Power has joined the Romanian Atomic Forum (Romatom) as a supporting member to champion the association’s nuclear energy goals. Romania aims to be the first country in Europe to deploy a NuScale VOYGR small modular reactor (SMR) power plant. John Hopkins, NuScale President & CEO, said NuScale was “committed to advancing the secure deployment of SMRs globally”.
- Source: NEI Magazine
- Date: Friday, 26 May 2023
- Original article: neimagazine.com/news/newsnuscale-power-joins-romanian-atomic-forum-10884712
Funding of up to USD275 million to advance the deployment of a NuScale Power Corporation VOYGR small modular reactor (SMR) plant in Romania was announced at the G7 leaders' summit by the USA and "multinational public-private partners" from Japan, South Korea and the United Arab Emirates.
- Source: World Nuclear News
- Date: Tuesday, 23 May 2023
- Original article: world-nuclear-news.org/Articles/NuScale-s-Romanian-SMR-plan-gets-USD275-million-bo
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
Nuclear energy will account for 34.6% of South Korea's electricity generation by 2036, compared with 27.4% in 2021, according to the latest plan finalised by the country's Ministry of Trade, Industry and Energy (MOTIE).
- Source: World Nuclear News
- Date: Friday, 13 January 2023
- Original article: world-nuclear-news.org/Articles/South-Korea-increases-expected-contribution-of-nuc
GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to the UK Department for Business, Energy and Industrial Strategy (BEIS). Meanwhile, Holtec International said it intends to soon submit an application for its SMR-160 design.
- Source: World Nuclear News
- Date: Wednesday, 21 December 2022
- Original article: world-nuclear-news.org/Articles/Two-vendors-submit-SMR-designs-for-UK-assessment
Birol told an International Atomic Energy Agency (IAEA) discussion on nuclear power: “I don’t give them a passing grade.”
“Countries that were saying goodbye to nuclear power, they are rethinking their plans,” Birol said, adding that the IEA had been engaged in talks with both Belgium and Germany.
“We are very happy that both governments are now in the process of postponing their nuclear phaseout plans, understanding the role that nuclear plays in addressing this energy security challenge,” he said.
In addition, another group of countries is now considering extending the lifetime of their existing nuclear power reactors to respond to this challenge, which is one of the cheapest forms of low carbon power, Birol said. Still another group of countries are rolling out plans to build new reactors, including seemingly “surprising” ones such as the Netherlands and Poland as well as Japan and South Korea.
- Source: Nucnet
- Date: Friday, 11 November 2022
- Original article: nucnet.org/news/nuclear-making-strong-comeback-but-financial-community-has-failed-to-provide-level-playing-field-11-4-2022
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