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The Governments of the Philippines and the USA signed an “Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy” also known as a Section 123 Agreement, on the sidelines of the Asia Pacific Economic Cooperation (APEC) in San Francisco, California. The US insists that countries seeking to trade nuclear power goods and services must sign formal cooperation agreements. Such Section 123 Agreements relate to the relevant paragraph of the US 1954 Atomic Energy Act which requires them.

Source: NEI Magazine
Date: Wednesday, 22 November 2023
Original article: neimagazine.com/news/newsphilippines-and-us-sign-nuclear-co-operation-agreement-11315263

Philippines President Ferdinand R Marcos Jr held a meeting with executives of US NuScale Power Corporation on the sidelines of a working visit to the Washington. During the meeting NuScale said it is planning to conduct study to locate a site in the Philippines for possible construction of its small modular reactor (SMR). Marcos said the Philippines “essentially has a shortfall in power supply” and the support of NuScale would help address this issue. "We continue in our effort to provide cost-effective and clean energy solutions to our country," he said in a statement. "Our meeting with NuScale today builds on the discussions we had in New York last year, solidifying our commitment and bringing us closer to building more efficient and sustainable power sources at home," he added.

Source: NEI Magazine
Date: Thursday, 04 May 2023
Original article: neimagazine.com/news/newsnuscale-looks-to-the-philippines-10811795

US small modular reactor (SMR) developer NuScale Power is interested in investing in the Philippines, the country's President Ferdinand "Bongbong" Marcos said during a five-day visit to the USA. He said NuScale plans to conduct a siting study in the Philippines.

Source: World Nuclear News
Date: Wednesday, 03 May 2023
Original article: world-nuclear-news.org/Articles/NuScale-in-talks-with-the-Philippines-on-SMR-deplo

During US President Joe Biden’s visit to Canada, a wide-ranging joint statement was issued with Canadian Prime Minister Justin Trudeau, which among other things, pledged to coordinate efforts to develop nuclear fuel supply chains in North America. They also undertook to build partnerships to help ensure access to low-enriched uranium and agreed to launch a task force to accelerate cooperation on clean energy opportunities and supply chains. Canada further agreed to join the US-led programme Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology (FIRST) programme and to provide funding and in-kind support.

Source: NEI Magazine
Date: Friday, 31 March 2023
Original article: neimagazine.com/news/newscanada-and-usa-to-strengthen-nuclear-energy-co-operation-10714416

Canadian Prime Minister Justin Trudeau and US President Joe Biden have pledged to coordinate efforts to develop secure and reliable nuclear fuel supply chains in North America and build partnerships to help ensure access to low-enriched uranium. They will launch a one-year task force to accelerate cooperation on critical clean energy opportunities and supply chains, and Canada is to join a US-led programme to support small modular reactors (SMR).

Source: World Nuclear News
Date: Tuesday, 28 March 2023
Original article: world-nuclear-news.org/Articles/Canada,-USA-pledge-to-bolster-nuclear-supply-chain

South Korea's Ministry of Trade, Industry and Energy (MOTIE) convened a meeting in Seoul with relevant organisations and suppliers to enhance cooperation among members of Team Korea, especially its capacity in nuclear power plant construction.

Source: World Nuclear News
Date: Saturday, 14 January 2023
Original article: world-nuclear-news.org/Articles/Korean-nuclear-suppliers-team-up-for-export-drive

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

Country becomes latest to turn to reactors for low-carbon energy security Vattenfall is majority owner of three operational reactors at Forsmark (pictured) and two at Ringhals. Sweden’s incoming government will ask state-run utility Vattenfall to plan and procure new nuclear power stations – potentially making the country one of an increasing number turning to commercial reactors as a source of low-carbon, baseload energy supply.

“New reactors will be built in Sweden,” said Ebba Busch, whose Christian Democrat party belongs to an alliance that won the most seats in last month’s general election. The right-wing bloc is scheduled to become the Nordic nation’s next government in a parliamentary vote next week.

Sweden now joins other countries in Europe that are turning to nuclear power in response to record high energy prices and fears over the security of key infrastructure.

Swedes have debated nuclear power for decades, but the energy source has garnered popular support recently amid the ongoing power crunch.

Source: Nucnet
Date: Saturday, 15 October 2022
Original article: nucnet.org/news/new-government-announces-plans-to-build-nuclear-power-plants-10-5-2022

An Integrated Regulatory Review Service (IRRS) team from the International Atomic Energy Agency (IAEA) has concluded a 13-day mission to Argentina. The IRRS team reviewed all regulatory functions and responsibilities of the Nuclear Regulatory Authority (ARN) against international safety standards and concluded that the regulator had demonstrated a long-standing commitment to enhancing and promoting nuclear safety. The team also recommended areas where improvements can be made. The mission was conducted at the request of the Government of Argentina and hosted by ARN.

Source: NEI Magazine
Date: Friday, 16 September 2022
Original article: neimagazine.com/news/newsiaea-mission-reviews-nuclear-regulation-in-argentina-10009986

Small reactors can supply reliable power in island countries, says Rosatom The Bataan nuclear power station, north of Manila, has never operated and has been mothballed. Russia’s state nuclear corporation Rosatom and the Philippines Department of Energy have agreed on an action plan to explore the potential of deploying small modular reactors supplied by Russia in the southeast Asian nation.

Rosatom said the action plan involves a pre-feasibility study and follows a memorandum of intent signed between Moscow and Manila in 2019.

“SMR technologies offer an effective solution for the supply of stable, reliable and environmentally friendly power in island countries,” said Evgeny Pakermanov, president of Rusatom Overseas.

The Philippines is an archipelago nation of more than 7,000 islands, many without reliable access to electricity. Nuclear energy is seen by proponents as a potential answer to the Philippines’ twin problems of precarious supply and Southeast Asia’s highest electricity costs.

Source: Nucnet
Date: Saturday, 22 January 2022
Original article: nucnet.org/news/asian-nation-to-collaborate-with-russia-on-smr-feasibility-study-1-5-2022