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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

White House says partnership will position US technology to lead global race for SMR deployment NuScale’s SMR design features a fully factory-fabricated module capable of generating 77 MW of electricity. Courtesy NuScale. US president Joe Biden and Romania’s president Klaus Iohannis announced at the Cop26 climate conference in Glasgow that NuScale Power and Romania’s state-owned nuclear company Nuclearelectrica are planning to build a first-of-a-kind small modular reactor plant in Romania.

US-based NuScale, which has developed a modular, light-water SMR, said the “teaming agreement” builds upon an intergovernmental agreement signed by the US Department of Energy and the Romanian energy ministry. In 2019, NuScale and Nuclearelectrica signed a memorandum of understanding to evaluate the development, licensing and construction of a NuScale SMR in Romania.

The White House had said earlier in a fact sheet on president Joe Biden’s climate plans that the partnership will position US technology to lead in the global race for SMR deployment.

NuScale said the partnership comes at a pivotal time as senior government policymakers from around the world discuss the urgency of accelerating the clean energy transition. NuScale’s SMRs can support international climate goals to mitigate the worst impacts of climate change while strengthening global prosperity, the company said.

Date: Thursday, 04 November 2021
Original article: nucnet.org/news/us-and-romania-confirm-agreement-to-collaborate-on-nuscale-plant-11-3-2021

White House says partnership will position US technology to lead global race for SMR deployment NuScale’s SMR design features a fully factory-fabricated module capable of generating 77 MW of electricity. Courtesy NuScale. The US and Romania are to announce plans to build a first-of-a-kind small modular reactor plant in Romania in partnership with US NuScale Power, bringing the latest civil nuclear technology to what the White House called “a critical part of Europe”.

The White House said in a fact sheet on president Joe Biden’s climate plans, which he unveiled at the Cop26 climate summit in Glasgow, Scotland, that the partnership will position US technology to lead in the global race for SMR deployment.

The agreement will include a 12-module NuScale plant, initially creating over 6,000 US and Romanian jobs, with the potential to create 30,000 US and Romanian jobs as the project grows. Deployment of SMR technology will be an important contributor to a decarbonised power sector and net zero future.

The White House said the US is partnering with emerging economies to develop “deep decarbonisation strategies”, including strengthening the adoption of renewable and nuclear energy including SMRs.

Date: Wednesday, 03 November 2021
Original article: nucnet.org/news/us-and-romania-will-announce-plans-to-collaborate-on-nuscale-plant-11-2-2021

Netherlands Minister of Economic Affairs and Climate Eric Wiebes has said that more nuclear power may join solar and wind in the Dutch energy mix after 2030, in particular small modular reactors (SMR) with a capacity of up to 400MW.

Date: Tuesday, 29 September 2020
Original article: neimagazine.com/news/newsnetherlands-pushes-for-more-nuclear-8153490

It is understandable that the nuclear power industry feels it has been left "in limbo" by the European Commission's taxonomy on sustainable finance, even though its low-carbon credentials are clear, an adviser to the Technical Expert Group (TEG) that developed the guidance said last week. Sean Kidney, CEO of the Climate Bonds Initiative, participated in the 28 July webinar-based discussion of a newly published Policy Brief by the OECD-Nuclear Energy Agency (NEA), Unlocking financing for nuclear energy infrastructure in the COVID-19 economic recovery.

Date: Tuesday, 04 August 2020
Original article: world-nuclear-news.org/Articles/EU-Taxonomy-leaves-low-carbon-nuclear-in-limbo-adm

Shutting down the Fessenheim nuclear power plant in eastern France will lead to additional emissions of around 10 million tonnes of CO2 per year and the loss of thousands of jobs, writes Valérie Faudon, general delegate of the French Nuclear Energy Society (SFEN).

Date: Thursday, 05 March 2020
Original article: world-nuclear-news.org/Articles/Viewpoint-Fessenheim-closure-subverts-modern-envir