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.
A court in Sweden has approved the start of construction for a nuclear waste disposal site in Forsmark, 130 km north of Stockholm.
Doosan Enerbility signed an MOU on 23 October with the Ministry of Energy of Kazakhstan to cooperate in the development of the country’s power industry.
The Canadian Nuclear Safety Commission has approved a short extension to operate the Pickering Nuclear Generating Station until the end of 2026.
Ali Zaidi, Climate Advisor to the White House, said that the current US government is working on plans to bring additional decommissioned nuclear power reactors back online to help meet rising electricity demand.