The Canadian Ontario provincial government has requested Ontario Power Generation (OPG) to explore new nuclear power opportunities at the Wesleyville site in Port Hope.
Alparslan Bayraktar, Türkiye’s Minister of Energy and Natural Resources, has said that the Akkuyu nuclear power plant is scheduled to become partially operational during 2025 and fully operational by 2028.
According to a report in Bloomberg, Constellation Energy is in talks to buy Calpine in a deal valued at nearly $30 billion. This would be one of the largest power and utility deals in the USA.
China National Nuclear Corporation (CNNC) has announced that the 1126 MW Zhangzhou 1 nuclear power plant in Fujian province, China, has started commercial operation on 1 January 2025.
Commonwealth Fusion Systems (CFS), a private company formed by the Massachusetts Institute of Technology, said that it is planning to build the world’s first grid-scale fusion power plant in Virginia, USA, scheduled to generate power by the early 2030s.
Last Energy of the USA has announced that it has received an offer of $103.7 million in debt financing from the US Government to set up the first of four planned micro-sized nuclear power plants in Britain.
The Gorakhpur nuclear power plant in Fatehabad, Haryana, India has encountered significant delays, with the completion of its first phase postponed to 2032.
The energy market has changed as attention shifts to renewable sources and companies are faced with a balancing act of affordability and carbon footprint. Some predict we are set for a turbulent year of energy pricing and supply security.
By Andrew King, Founder of SGT
EDF and Centrica, operators of four UK nuclear reactors, have announced that these will continue to operate beyond their original shutdown date.
Westinghouse Electric Company and CORE POWER have announced they have signed an agreement for the design and development of a floating nuclear power plant (FNPP) using the eVinci microreactor.