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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).

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

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.

Source: NEI Magazine
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.

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

China plans to cooperate with Saudi Arabia and other Gulf countries in the fields of nuclear energy, nuclear security and space exploration, Chinese President Xi Jinping has said at a summit with rulers and officials from the six Gulf Cooperation Council (GCC) countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – during a three-day visit to Saudi Arabia to attend the first China-Arab States Summit and the China-GCC Summit, and pay a state visit to Saudi Arabia at the invitation of King Salman.

Source: NEI Magazine
Date: Thursday, 15 December 2022
Original article: neimagazine.com/news/newschina-to-cooperate-with-gulf-nations-on-nuclear-energy-10433380

As policymakers grapple with the twin challenges of climate change and a post-COVID economic recovery, the benefits of nuclear power are clearer than ever, but the industry still has some way to go in addressing perceptions of its alleged drawbacks with cost, safety and radioactive waste. This was the overriding message of the three panellists in a webinar held last week by Utilities Middle East in partnership with Russian state nuclear corporation Rosatom.

Source: World Nuclear News
Date: Friday, 01 January 2021
Original article: world-nuclear-news.org/Articles/The-barrier-to-nuclear-is-perception,-says-panel

Policy uncertainty is ‘preventing industry from making investment decisions’ Policy uncertainty in a number of countries is preventing the nuclear industry from making investment decisions and “forthright recognition” by governments of the value of nuclear energy would encourage policymakers to explicitly include nuclear in their long-term energy plans and commitments under the Paris Agreement, the International Energy Agency has said.

The Paris-based agency said in a report on meeting climate goals that nuclear policy uncertainty is partly the result of inconsistencies between stated policy goals – such as climate change mitigation – and policy actions.

While some countries maintain they can meet decarbonisation objectives while phasing out nuclear (Belgium, Germany, Spain, Switzerland) or reducing its share (France), others continue to recognise the need to increase nuclear reliance: China, Russia, India, Argentina, Brazil, Bulgaria, the Czech Republic, Egypt, Finland, Hungary, Poland, Saudi Arabia, the United Arab Emirates, the UK and Uzbekistan.

In late 2018, the EU long-term energy strategy clearly stated that nuclear power – together with renewables – will form the backbone of the EU power system in order to reach carbon neutrality by 2050, the IEA said. At the same time, ongoing EU taxonomy discussions regarding the eligibility of nuclear power generation for sustainability funding highlight the difficulties in recognising the contribution that nuclear energy makes to climate change mitigation.

Source: Nucnet
Date: Friday, 12 June 2020
Original article: nucnet.org/news/agency-calls-for-forthright-recognition-of-nuclear-energy-6-4-2020

The impetus for new build is being spurred by a need to reduce reliance on polluting coal China has 10 nuclear units under construction including two Generation III Hualong One plants at Fangchenggang. China, with its state nuclear companies backed by a government hungry for development, is the most active nation for building new nuclear power plants. That trend that is likely to continue, although confirming lucrative export deals for its reactor technology still runs far behind the pace set by Russia, which says it had 39 reactors under construction or planned overseas as of 2018.

This compares to only two reactors under construction overseas by China, both in Pakistan, although in the UK China has a stake in EDF’s Hinkley Point C project and plans for Chinese technology at Bradwell B. At Sizewell C in Suffolk EDF wants to build a clone of Hinkley Point C if it can attract enough private investment. CGN holds a 20% share.

The government has said it wants to build 30 reactors overseas by 2030. China and Russia both see Africa, where about 600 million people live without electricity, as something of a golden fleece and are pursuing nuclear agreements, which lay the groundwork for new-build, in a number of African nations. Small modular reactors and floating reactors could be an option for isolated areas. China has already said it is close to starting work on its first floating unit, but reliable details are few and far between.

The impetus for nuclear power in China is increasingly due to air pollution from coal-fired plants. To meet its climate goal as stipulated in the Paris agreement, China will need to reduce its coal power capacity by 40% over the next decade, according to Global Energy Monitor’s analysis. At present, this seems unrealistic. In addition to roughly 1,000 GW of existing coal capacity, China has 121 GW of coal plants under construction, which is more than is being built in the rest of the world combined.

Source: Nucnet
Date: Friday, 24 January 2020
Original article: nucnet.org/news/china-keen-to-match-pace-set-by-russia-in-overseas-construction-1-4-2020

Korea Electric Power Corp (Kepco) has dismissed speculation that it is consiering buying Toshiba’s controlling stake in US-based Westinghouse, but confirmed an interest in joining the NuGen consortium that is planning to build the Moorside NPP in the UK using Westinghouse technology. 

Source: NEI Magazine
Date: Sunday, 26 March 2017
Original article: neimagazine.com/news/newskorea-eyes-nugen-stake-5771508