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Netherlands-based start-up, Thorizon, and Belgium-based engineering and consulting company Tractebel (part of France’s Engie) have signed a strategic three-year partnership to advance Thorizon’ molten salt reactor design. Tractebel will provide engineering services for the Thorizon One molten salt reactor, including support on the conceptual design, computational modelling, cost estimates and design reviews.

Date: Thursday, 29 February 2024
Original article: neimagazine.com/news/newstractebel-partners-with-thorizon-on-molten-salt-reactor-11554105

Following the signing of a strategic three-year partnership with Thorizon of the Netherlands, Belgian engineering firm Tractebel - a subsidiary of France's Engie - will provide engineering services including support on the conceptual design, computational modelling, cost estimates and design reviews of the Thorizon One molten salt reactor.

Date: Tuesday, 27 February 2024
Original article: world-nuclear-news.org/Articles/Tractebel-to-assist-Thorizon-in-MSR-development

Rosatom has registered a new company – JSC Rusatom Energy Projects — that will promote and contract on the world market the entire product line of the state corporation: from high-capacity nuclear power plants (NPPs) to microreactors. 

Date: Wednesday, 23 February 2022
Original article: neimagazine.com/news/newsrosatom-establishes-rusatom-energy-projects-9496858

On 2 February, the European Commission (EC) approved in principle a Complementary Climate Delegated Act including, under strict conditions, specific nuclear and gas energy activities in the list of economic activities covered by the European Union (EU) taxonomy.

Date: Friday, 04 February 2022
Original article: neimagazine.com/news/newsec-confirms-nuclear-and-gas-as-part-of-european-taxonomy-9458329

Consultancy firm KPMG on 7 July released a report on nuclear energy market consultation, which discusses the conditions under which market parties are prepared to invest in NPPs in the Netherlands, what public support is required for this, and which regions are interested in establishing a nuclear plant. The 151-page report was compiled at the request of the House of Representatives in response to a motion by Klaas Dijkhoff put forward in September 2020. KPGM began work on the study on 8 February this year.

Date: Thursday, 15 July 2021
Original article: neimagazine.com/news/newskpmg-looks-at-feasibility-of-newbuild-in-netherlands-8893831

Start-up nuclear energy company Fermi Energia on 16 February announced an initial investment round for a proposed reactor in Estonia, saying it will file a planning application later this year, ETV news show "Aktuaalne kaamera" (AK) reported. The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a small modular reactor (SMR).

Date: Friday, 19 February 2021
Original article: neimagazine.com/news/newsestonias-fermi-energia-seeks-1m-to-launch-smr-planning-procedure-8532118

Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear programme.

Date: Thursday, 11 February 2021
Original article: world-nuclear-news.org/Articles/No-time-to-waste-in-Estonian-SMR-deployment-confer

The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.

Date: Friday, 15 January 2021
Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says

New-build projects are making progress, but governments are still struggling with finding the right financing package for large reactors The delayed Flamanville-3 is one of three EPR units under construction in Europe. The others are at Olkiluoto in Finland and Hinkley Point in the UK. Photo courtesy EDF. Western Europe

The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.

The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.

However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.

According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.

Date: Friday, 17 January 2020
Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020