£195 million of private sector funding has been raised to develop the Rolls-Royce SMR by Exelon Generation and the Rolls-Royce parent group BNF Resources UK.
The market analysts GlobalData has reported that, based on Spain’s National and Energy Climate Plan, the country is on course to phase out nuclear, coal-fired, and oil-fired power generation plants by 2035.
The UK government is due to announce plans to fund a new nuclear plant as part of its Net Zero strategy.
The US Department of Energy (DOE) will provide $20 million funding for a demonstration project at Palo Verde nuclear power station in Arizona to produce hydrogen.
Boris Johnson, the UK Prime Minister, has confirmed plans to eliminate fossil fuels from UK electricity generation by 2035, as part of Britain’s target to become a net zero emission economy by 2050.
President Erdogan of Turkey has announced that the first unit of the Akkuyu nuclear power plant, being built by Rosatom, may be put into operation in 2022.
The British Government is in talks with Westinghouse on building the new Wylfa nuclear power plant on Anglesey in Wales.
Illinois state legislators in the USA have approved a bill promising around $700 million to support the nuclear power sector in the state.
Ukraine and the USA have agreed to extend to develop a project that will complete Khmelnitsky 4, along with four new AP1000 units.
The Leibstadt Nuclear Power Plant (KKL) in Switzerland has awarded a long-term contract extension to GE Hitachi Nuclear Energy (GEH) to provide outage services to the plant.