Nuclear Power

Significant Funds Misappropriated at Smolensk Nuclear Power Plant Alarming reports have emerged from Russia regarding the arrest of the deputy director and a former official from the construction department of the Smolensk Nuclear Power Plant (NPP). The two are accused of fraudulently pocketing approximately 3 million rubles linked to incomplete construction work. These illegal financial activities involved them accepting funds in advance without fulfilling their contractual obligations. This incident highlights ongoing issues of corruption and […]

Sweden has officially commenced the construction of its deep geological repository (DGR) for spent nuclear fuel (SNF), marking a groundbreaking achievement after four decades of dedicated research and development. This new facility, located at Forsmark in Östhammar Municipality, is the second of its kind in the world and is projected to span a decade-long construction phase. This ambitious underground project will extend 500 meters into ancient rock, capable of securely holding 12,000 tonnes of spent […]

Constellation Energy is stepping into the future of power generation by exploring the potential installation of small modular nuclear reactors (SMRs) at its Nine Mile Point facility in New York. The company has announced its pursuit of federal funding alongside the New York State Energy Research and Development Authority (NYSERDA), aiming to submit a grant proposal to the U.S. Department of Energy. In her recent State of the State address, New York Governor Kathy Hochul […]

The Tri-Cities area is rallying together in an ambitious effort to attract a significant nuclear supply chain manufacturer. A gathering at the Richland City Council saw community leaders, economic advocates, and skilled tradespeople come together, showcasing a shared vision for the future. The proposal from Washington Energy LLC is a potential game-changer, with projections indicating an influx of $3 billion in development and the creation of thousands of jobs. This initiative is set to enhance […]

Unlock the future with cutting-edge nuclear energy. Is Minnesota ready to lead the AI charge? Nuclear Energy: The Key to Minnesota’s AI Future The discussion surrounding Minnesota’s energy landscape and its role in the burgeoning AI revolution has gained momentum. A recent commentary highlighted the enormous promise of nuclear energy as a sustainable solution to meet AI’s substantial energy requirements. Despite its formidable safety record, new nuclear projects remain prohibited in the state. Currently, the […]

Estonian Energy Revolution Estonia is on the brink of a significant transformation in its energy landscape. The Estonian firm Fermi Energia has officially approached the Ministry of Economic Affairs and Communications with a proposal to establish a cutting-edge 600 MW nuclear facility. This initiative marks a pivotal moment in the country’s energy strategy. The planned power plant will include two advanced 300 MW GE Hitachi BWRX-300 small modular reactors (SMRs). These innovative reactors are designed […]

Ukrainian lawmakers have stirred debate by sanctioning the acquisition of two aging Russian nuclear reactors from Bulgaria. In a session held by the energy committee on Thursday, a new law was adopted that includes a sudden amendment facilitating this purchase to enhance the Khmelnytskyi nuclear power plant. The Khmelnytskyi facility, which dates back to the 1970s, was envisioned during Soviet times but was hampered by the Chernobyl disaster, leading to only partial operation over the […]

Exciting advancements are on the horizon for nuclear energy in the U.S. Recent agreements aim to facilitate the development of revolutionary Small Modular Reactors (SMRs). These cutting-edge reactors, known for their compact design and quicker construction times, promise to enhance the efficiency of nuclear power generation, bringing new energy sources online faster than traditional large-scale reactors. A recently released report by the International Energy Agency (IEA) highlights the potential impact of SMRs on the global […]

The Next Frontier in Clean Energy NANO Nuclear Energy Inc. (NASDAQ: NNE) has officially rebranded its innovative reactor, the Pylon Transportable Reactor Platform, now named LOKI MMR™. This portable nuclear reactor represents a significant advancement in the field, offering a power output range of 1.5MWe to 5MWe, proving its adaptability for diverse needs—ranging from terrestrial to extraterrestrial applications. The LOKI MMR™ is designed to be transported via multiple methods—road, rail, sea, and air—ensuring it can […]

A New Era for Nuclear Power Recent findings from the International Energy Agency (IEA) reveal that nuclear energy is experiencing a remarkable revival, fueled by soaring electricity demands. With projections indicating a peak in nuclear electricity generation by 2025, this resurgence is reminiscent of the energy crises faced in the 1970s. An extensive global interest is unfolding, with over 40 nations poised to enhance their nuclear energy capabilities. The demand surge emanates not only from […]