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Domestic source of production crucial for next-generation nuclear plants

Source: Nucnet
Date: Saturday, 14 October 2023
Original article: nucnet.org/news/centrus-begins-enrichment-operations-as-washington-aims-to-end-russian-monopoly-on-haleu-for-advanced-reactors-10-5-2023

Tests of nuclear fuel for the Russian lead-cooled Brest-300 fast reactor are proceeding successfully, according to Valery Shamansky, Deputy Chief Engineer for Safety and Reliability of the Beloyarsk NPP. He noted that Beloyarsk NPP is testing a new nitride nuclear fuel for the Brest reactor, which is is being built at the Siberian Chemical Combine (SCC) in Seversk, Tomsk Region.

Source: NEI Magazine
Date: Tuesday, 25 October 2022
Original article: neimagazine.com/news/newsbeloyarsk-npp-tests-fuel-for-the-brest-300-fast-reactor-10113660

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. 

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

Nuclear energy, as an asset class, has the potential to report well against a wide range of Environmental, Social and Governance (ESG) data collection and accounting metrics, according to a new report from the Generation IV International Forum (GIF). This should allow nuclear energy to be considered as an investable asset class, thereby allowing nuclear companies and projects to access climate finance.

Source: World Nuclear News
Date: Wednesday, 08 September 2021
Original article: world-nuclear-news.org/Articles/GIF-highlights-nuclear-s-ESG-attributes

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.

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

Decarbonising the power sector will not be enough on its own to reach climate goals, a joint high-level workshop held by the International Energy Agency (IEA) and the International Atomic Energy Agency heard yesterday. Applications of nuclear beyond power generation, including the production of low-carbon heat, hydrogen or other synthetic fuels, could significantly expand market opportunities for nuclear power and are especially relevant to achieving global net-zero emissions.

Source: World Nuclear News
Date: Friday, 05 March 2021
Original article: world-nuclear-news.org/Articles/Workshop-examines-nuclear-opportunities-beyond-ele

Coalition discussion paper says small reactors ‘have potential’ NuScale told an inquiry last year that its SMR design would suit rural areas in Australia. Photo courtesy NuScale. The Australian federal government wants to look at the possibility of deploying small modular reactors as part of its policy to achieve its medium- and long-term greenhouse gas (GHG) emissions reduction target as part of its obligation under the 2015 Paris climate agreement.

The nuclear proposal was contained in a discussion paper, released on 21 May, that is part of the ruling Liberal-National party coalition government's policy to detail how it will meet its target of reducing GHG emissions by 26-28% by 2030 from 2005 levels, as well as the broader Paris aim of the globe achieving net-zero emissions.

The discussion paper said emerging nuclear technologies – for example, small modular reactors – have potential but require R&D and identified deployment pathways. “Engineering, cost and environmental challenges, alongside social acceptability of nuclear power in Australia, will be key determinants of any future deployment,” the paper said.

The paper examined more than 140 technologies including hydrogen, renewables, biofuels and carbon capture and storage.

Source: Nucnet
Date: Friday, 22 May 2020
Original article: nucnet.org/news/government-to-examine-smrs-as-part-of-energy-planning-5-4-2020

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.

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

The Australian government should consider a partial lifting of the moratorium on nuclear energy to allow the deployment of new and emerging technologies including Generation III+ and Generation IV reactors, a report by a parliamentary committee has recommended.

Successive Labor and coalition governments have maintained a bipartisan moratorium on the construction and operation of nuclear power plants in Australia.

However, at the request of energy minister Angus Taylor the parliament’s House Standing Committee on the Environment and Energy began in August an inquiry into the nuclear fuel cycle and Australia’s potential future use of nuclear energy. The committee has since considered 309 submissions and undertaken a programme of public hearings across the country.

The committee has now released a report – entitled Not without your approval: A way forward for nuclear technology in Australia – in which it summarises its findings and makes recommendations. The report has been presented to Speaker of the House of Representatives Tony Smith for the government’s consideration.

Source: Nucnet
Date: Tuesday, 17 December 2019
Original article: nucnet.org/news/report-calls-for-consideration-of-new-and-emerging-nuclear-technlogies-12-1-2019

Russia is considering asking foreign partners to join its development of the Generation IV SVBR 100 reactor design, but has denied reports that the cost of the project has more than doubled. State nuclear corporation Rosatom Deputy Director General for innovation management, Vyacheslav Pershukov, said discussions about finding possible partners had begun and would continue into 2017. The original cost of the project was put at RUB15bn ($226m). At the end of 2014 the media reported that the estimated cost had increased to RUB36bn. Pershukov noted that since then, the cost of the project has not changed.

Source: NEI Magazine
Date: Tuesday, 15 November 2016
Original article: neimagazine.com/news/newsrussia-seeks-partners-for-its-svbr-project-5669556