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US Trade & Development Agency (USTDA) Director Enoh T Ebong has announced funding for a series of international workshops to promote US-led civil nuclear energy deployment in Europe and Eurasia. “Civil nuclear energy holds promise as a clean and secure energy solution, and USTDA is at the forefront of supporting our partners both to develop frameworks for deployment and to advance their individual infrastructure needs,” she said.
- Source: NEI Magazine
- Date: Saturday, 30 March 2024
- Original article: neimagazine.com/news/newsustda-to-fund-workshops-on-nuclear-deployment-in-europe-and-eurasia-11642682
The Nuclear Energy Agency (NEA) has published the second edition of its Small Modular Reactor Dashboard which tracks the progress of selected small modular reactor (SMR) designs towards deployment. NEA says the SMR designs are at various stages of development, from fundamental research on new concepts to commercial deployment and operation of mature designs.
- Source: NEI Magazine
- Date: Saturday, 02 March 2024
- Original article: neimagazine.com/news/newsnea-launches-second-edition-of-its-small-modular-reactor-dashboard-11561305
The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
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
Japan’s Chubu Electric Power Co has decided to invest in US NuScale Power and has agreed to acquire issued shares in NuScale from Japan Bank for International Cooperation (JBIC). NuScale, established in Portland Oregon in 2007 is working to commercialise its small modular reactor (SMR) design – the only SMR design which has been certified by the US Nuclear Regulatory Commission (NRC).
- Source: NEI Magazine
- Date: Wednesday, 13 September 2023
- Original article: neimagazine.com/news/newschubu-electric-to-invest-in-nuscale-11140076
Chubu Electric Power Co has announced it is to invest in US small modular reactor (SMR) developer NuScale Power.
- Source: World Nuclear News
- Date: Friday, 08 September 2023
- Original article: world-nuclear-news.org/Articles/Chubu-to-take-stake-in-SMR-developer
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
Aim is to deploy nuclear plant on Indonesian island for ammonia production
- Source: Nucnet
- Date: Tuesday, 23 May 2023
- Original article: nucnet.org/news/danish-companies-sign-agreement-for-usd4-billion-thorium-smr-in-borneo-5-1-2023
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 USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear clean energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. Coordinating Minister for Economic Affairs Airlangga Hartarto, US Ambassador to Indonesia Sung Y Kim, US Department of State Principal Deputy Assistant Secretary Ann Ganzer and the US Trade and Development Agency (USTDA) announced the Memorandum of Agreement during the Indo-Pacific Business Dialogue in Bali.
- Source: NEI Magazine
- Date: Thursday, 23 March 2023
- Original article: neimagazine.com/news/newsunited-states-and-indonesia-announce-partnership-on-smrs-10694620