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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
The coalition envisions transforming the Midwest into a powerhouse for low-carbon fuel production. It said it will use nuclear power generated by Energy Harbor’s Davis-Besse nuclear station to produce carbon-free hydrogen through electrolysis.
The coalition said the focus on clean hydrogen production through electrolysis avoids the challenge of capturing and sequestering carbon dioxide. Nuclear reactors can produce clean hydrogen by splitting water into hydrogen and oxygen. Methods are being explored to use nuclear energy to produce hydrogen from water by electrolysis, thermochemical, and hybrid processes.
In October 2021, Energy Harbor and the DOE agreed to develop a hydrogen production demonstration project at Davis-Besse in collaboration with Idaho National Laboratory (INL), Xcel Energy, and Arizona Public Service. The plant was chosen due to its proximity to key hydrogen consumers in the manufacturing and transportation sectors of the market.
- Source: Nucnet
- Date: Friday, 16 September 2022
- Original article: nucnet.org/news/us-initiative-aims-for-productions-with-nuclear-energy-from-davis-besse-9-4-2022
All realistic options that might contribute to global net-zero must be considered, the Generation IV International Forum (GIF) has said in an open letter to COP26 President Alok Sharma. Nuclear systems and advanced reactors - such as Generation IV systems - can contribute to a net-zero society alongside renewable energies, it says.
- Source: World Nuclear News
- Date: Saturday, 30 October 2021
- Original article: world-nuclear-news.org/Articles/GIF-calls-for-nuclear-s-inclusion-in-COP26-discuss
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
The two companies recently submitted a joint response to an expression of interest issued by the Battelle Energy Alliance on behalf of the DOE which seeks stakeholders interested in forming a partnership for a cost sharing arrangement to design and construct the VTR.
The VTR, which uses sodium fast reactor technology, will use high energy neutrons to test and develop advanced reactor fuels and materials. The DOE has said it could be completed as early as 2026 at the site of one of the country’s national laboratories.
US energy secretary Dan Brouillette said in March that there is a growing interest in advanced nuclear energy and private companies have already invested more than $1bn in new reactor designs that will be smaller, more affordable, highly flexible and extremely safe.
- Source: Nucnet
- Date: Wednesday, 22 January 2020
- Original article: nucnet.org/news/geh-and-terrapower-announce-design-and-build-partnership-for-vtr-1-2-2020
Innovation has always been at the heart of the nuclear power industry and its future depends on this commitment to technological advancement in both large and small reactor designs. This was the message of the International Framework for Nuclear Energy Cooperation (IFNEC) General Ministerial Conference held in Washington DC last week.
- Source: World Nuclear News
- Date: Tuesday, 19 November 2019
- Original article: world-nuclear-news.org/Articles/Conference-Advancing-the-rebirth-of-nuclear-power
The US is buying 32t of Iranian heavy water to help Iran meet the terms of last July's landmark nuclear deal under which Iran agreed to curb its nuclear programme in exchange for sanctions relief. The agreement was signed on 22 April in Vienna between Iran and officials from the six countries that negotiated the nuclear deal - E3/EU+3 (China, France, Germany, Russia, the UK and the USA plus the European Union). It calls for the US Department of Energy's (DOE's) Isotope Program to purchase the heavy water from a subsidiary of the Atomic Energy Organization of Iran (AEOI) for about $8.6m, officials said. They said the heavy water will be stored at the Oak Ridge National Laboratory (ORNL) in Tennessee and then resold on the commercial market for research purposes.
- Source: NEI Magazine
- Date: Tuesday, 26 April 2016
- Original article: neimagazine.com/news/newsiran-enters-the-global-market-for-nuclear-materials-4874899