Bruce Power is set to receive up to C$50 million from the Canadian government to explore building a new nuclear power plant on the site of its existing Ontario facility.
It is encouraging to see both the current government and the opposition include nuclear energy firmly at the centre of their net zero strategies But although the ambition is certainly there, the question that remains is whether the money is too.
By Vince Zabielski, Pillsbury Winthrop Shaw Pittman
Kenya has announced that it intends to begin construction of its first nuclear power plant in 2027, with operations due to commence by 2035.
Power sector emissions in the EU fell by a record 19 per cent in 2023 as a result of sharp falls in both coal- and gas-fired generation, according to a report from the climate think tank Ember.
The US Government is expected to announce $1.5 billion in funding to enable the 800 MW Palisades nuclear power plant in Michigan to be restarted.
Todd Smith, Ontario’s Energy Minister, is to announce a multi-billion dollar refurbishment of the four reactors at Ontario Power Generation’s (OPG’s) Pickering B power plant, east of Toronto.
The Hinkley Point C nuclear power project in the UK has been delayed by an estimated 2-4 years.
The UK Government has committed an additional £800 million to the proposed Sizewell C nuclear power project in Suffolk, England, in an attempt to attract outside investors to the project.
Capital Power Corporation, based in Edmonton, Alberta, and Ontario Power Generation are working together to assess the feasibility of developing SMRs to help power Alberta’s electricity grid.
The UK Government has announced it will invest £300 million into creating specialist fuel for the next generation of nuclear reactors.