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The US reaffirmed its support for Indian membership of the Nuclear Suppliers Group (NSG) during the state visit to Washington of Prime Minister Narendra Modi. A long joint statement comprising 58 paragraphs, by Modi and US President Joe Biden covered a wide range of subjects, with nuclear only mentioned in one (para 22). It said: “Prime Minister Modi underscored the important role nuclear energy plays in global decarbonisation efforts and affirmed nuclear energy as a necessary resource to meet our nations’ climate, energy transition, and energy security needs.”

Date: Wednesday, 28 June 2023
Original article: neimagazine.com/news/newsus-reaffirms-support-for-indian-membership-of-nuclear-suppliers-group-10967702

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.

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

The nuclear industry has merely scratched the surface of the flexible benefits of nuclear power, according to panellists in a conference held this week ahead of the 11th Clean Energy Ministerial (CEM11). The CEM11 side-event, Flexibility in Clean Energy Systems: The Enabling Roles of Nuclear Energy, included high-level speakers from the International Energy Agency (IEA), the OECD Nuclear Energy Agency (NEA), the International Atomic Energy Agency (IAEA), as well as government officials from Canada, the UK and the USA. Hosted by Saudi Arabia, CEM11 will take place on 22 September.

Date: Friday, 18 September 2020
Original article: world-nuclear-news.org/Articles/Nuclears-flexibility-is-the-magic-to-create-a-clea

Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams.

Date: Wednesday, 07 March 2018
Original article: world-nuclear-news.org/Articles/Five-reasons-nuclear-energy-will-rebound-in-2018

Canadian investment fund Brookfield (Brookfield Business Partners with institutional partners) said on 4 January that it is to acquire 100% of Westinghouse Electric Company from Toshiba Corporation for about $4.6bn. Westinghouse filed with the US courts for Chapter 11 bankruptcy protection in March 2017 in the face of severe financial difficulties.

Date: Monday, 08 January 2018
Original article: neimagazine.com/news/newscanadas-brookfield-to-buy-westinghouse-6021321

Russian state nuclear corporation Rosatom has said it is ready to consider the option of building new NPPs in Bulgaria despite the cancellation of the Belene project. "Everything is negotiable," Rosatom Director General Sergey Kirienko told TV channel Russia 24 on 16 June. "We work with the Bulgarian nuclear energy sector at present. If decisions are of professional and not political nature, we'll always reach an agreement," Kirienko added.

Date: Wednesday, 22 June 2016
Original article: neimagazine.com/news/newsrussia-prepared-to-build-npps-in-bulgaria-after-winning-belene-compensation-4930486