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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.

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

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.

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

The US-led Leaders’ Summit on Climate, held on 22 and 23 April as a video conference, attracted 40 world leaders (presidents and prime ministers) including Russia’s President Vladimir Putin and Chinese President Xi Jinping. Also taking part were some 24 other speakers at ministerial level (environment, defence, economy) in addition to Pope Francis and United Nations Secretary-General António Guterres, as well as almost 40 heads of environmental organisations, indigenous communities and leading businessmen, including Bill Gates. The event coincided with Earth Day, an annual event first held in 1970.

Source: NEI Magazine
Date: Tuesday, 27 April 2021
Original article: neimagazine.com/news/newsleaders-summit-on-climate-attracts-world-leaders-businessmen-and-environmentalists-8699323