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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
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 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.
- Source: Nucnet
- Date: Wednesday, 03 November 2021
- Original article: nucnet.org/news/us-and-romania-will-announce-plans-to-collaborate-on-nuscale-plant-11-2-2021
Poland has become a focus of interest for companies seeking to develop small modular reactors (SMRs).
- Source: NEI Magazine
- Date: Tuesday, 28 September 2021
- Original article: neimagazine.com/news/newssmr-developers-look-to-poland-9111111
Energy consumption from fossil fuels is expected to decrease due to a stated commitment to lower carbon dioxide emissions and address climate change. This reduction will inevitably increase demand for other energy sources, including nuclear – currently the fastest growing source of energy worldwide. Many countries have stated plans to build new nuclear reactors to cope with demand, including China, India, Russia, UK, and the USA. Others are investing heavily in upgrading existing facilities, including Canada and France.
- Source: NEI Magazine
- Date: Friday, 15 January 2021
- Original article: neimagazine.com/news/newsdemand-increases-for-nuclear-metal-tubing-as-higher-energy-consumption-leads-to-plans-for-new-reactors-worldwide-8453732