Page 2 - Nuclear Power

Ready to put billions into nuclear power project in Wyoming: Bill Gates

TerraPower LLC, a startup founded by Gates, broke ground for construction of its first commercial reactor last week in Wyoming, where a coal plant is shutting down, he said

India to get next-gen nuclear fuel this summer, says Russian official

A full-scale discussion took place on the perspective areas of the Russian-Indian cooperation in the nuclear field

Constellation Energy beats Q1 profit estimates on nuclear power generation

Constellation, which also generates electricity via other renewable sources - hydro, wind and solar - beat analysts' estimates of $1.38 per share, according to LSEG data

US mining uranium as prices soar and govt pushes for more nuclear power

The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that largely has sat dormant since the 1980s. The work is unfolding as global instability and growing demand drive uranium prices higher. The Biden administration and dozens of other countries have pledged to triple the capacity of nuclear power worldwide in their battle against climate change, ensuring uranium will remain a key commodity for decades as the government offers incentives for developing the next generation of nuclear reactors and new policies take aim at Russia's influence over the supply chain. But as the U.S. pursues its nuclear power potential, environmentalists and Native American leaders remain fearful of the consequences for communities near mining and milling sites in the West and are demanding better regulatory oversight. Producers say uranium production today is different than decades ago when the country was racing to buil

Biden admin to lend $1.5 bn to restart Michigan nuclear power plant

The federal government will provide a USD 1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced on Wednesday. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. But now the emphasis is on restarting it by late 2025, following support from the state of Michigan and the Biden administration. Gov. Gretchen Whitmer said it would be the first nuclear power plant to be reopened in the US. It still faces hurdles, including inspections, testing and the blessing of the US Nuclear Regulatory Commission, known as the NRC. Nuclear power is our single largest source of carbon-free electricity, directly supporting 100,000 jobs across the country and hundreds of thousands more indirectly, said Energy Secretary Jennifer Granholm, a former Michigan governor. The Palisades plant is along Lake Michigan, a two-hour drive from Chicago. A Michigan utility, CMS Energy, owned it from 1971 until the plant was sold to

Treated wastewater discharge at Fukushima nuclear plant is safe: IAEA chief

The head of the UN atomic agency told local Japanese representatives at a meeting in Fukushima on Wednesday that the ongoing discharge of treated radioactive wastewater at the ruined nuclear power plant has met safety standards and that any restrictions on products from the region are not scientific. International Atomic Energy Agency Director-General Rafael Grossi joined local officials and representatives from fishing and business groups and reassured them that the discharges are being carried out with no impact to the environment, water, fish and sediment." Grossi, who arrived in Japan on Tuesday, visited Fukushima for the first time since the release of the treated water began in August. Grossi examined the discharge and sampling facility on Wednesday, escorted by Tomoaki Kobayakawa, president of the plant's operator, Tokyo Electric Power Company Holdings. He last visited the plant in July after issuing an IAEA review predicting only negligible impact from the discharges. An IA

India to add 18 N-power reactors with capacity of 13,800 MWe by 2032: NPCIL

India will add 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32. This was announced by the Nuclear Power Corporation of India Limited (NPCIL) after Prime Minister Narendra Modi dedicated two home-built 700 MW nuclear power reactors at Kakrapar in Gujarat last week. Presently, the NPCIL operates 24 reactors with a total capacity of 8,180 MWe. The prime minister dedicated units 3 & 4 of Kakrapar Atomic Power Station (KAPS 3 & 4) to the nation on February 22. KAPS-4 was connected to the western power grid on February 20, two days ahead of PM Modi's visit to Kakrapar. KAPS 3 & 4 (2 X 700 MW) are the largest indigenous Pressurised Heavy Water Reactors (PHWR) with advanced safety features comparable to the best in the world, the NPCIL said. "These reactors have been designed, constructed, commissioned, and operated by NPCIL, with the supply of ...

RIL, Tata Power among firms in fray for $26-billion nuclear investment

This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation

Japan to resume world's largest nuclear power plant Kashiwazaki-Kariwa

With a capacity of 8,212 megawatts (MW), the plant has been offline since 2012 after the Fukushima disaster a year earlier led to the shutdown of all nuclear power plants in Japan at the time

Climate-friendly power strategy

Nuclear power development must become a major element in India's climate strategy

US approves new kind of nuclear reactor for first time in 50 years

There's growing global interest in accelerating deployment of nuclear power as a key part of the fight to rein in climate change, but that effort has been hampered by a regulatory process

Embracing nuclear power

India must follow the opportunity

Japanese nuclear plant starts 3rd release of treated radioactive wastewater

The tsunami-damaged Fukushima Daiichi nuclear power plant began its third release of treated and diluted radioactive wastewater into the sea on Thursday after Japanese officials said the two earlier releases ended smoothly. The plant operator discharged 7,800 tons of treated water in each of the first two batches and plans to release the same amount in the current batch through November 20. Tokyo Electric Power Company Holdings said its workers activated the first of the two pumps to dilute the treated water with large amounts of seawater, gradually sending the mixture into the Pacific Ocean through an undersea tunnel for an offshore release. The plant began the first wastewater release in August and will continue to do so for decades. About 1.33 million tons of radioactive wastewater is stored in about 1,000 tanks at the plant. It has accumulated since the plant was crippled by the massive earthquake and tsunami that struck northeastern Japan in 2011. TEPCO and the government say

IAEA chief to visit Japan's Fukushima nuclear plant before water release

The UN nuclear chief is to visit Japan's tsunami-wrecked nuclear power plant Wednesday after the agency affirmed the safety of a contentious plan to release treated radioactive water into the sea. On his way to the Fukushima Daiichi plant, a highlight of his four-day Japan visit, International Atomic Energy Agency chief Rafael Mariano Grossi will join government and utility officials to hear the concerns of mayors and fishing association leaders and to assure them of the plan's safety. The IAEA, in its final report released Tuesday, concluded the plan to release the wastewater which would be significantly diluted but still have some radioactivity meets international standards and its environmental and health impact would be negligible. But local fishing organisations have rejected the plan because they worry that their reputation will be damaged even if their catch isn't contaminated. It is also opposed by groups in South Korea, China and some Pacific Island nations due to safety

India's energy transition beyond dependence on renewables

Ramping up nuclear power is one option but requires incentives for the sector

How net zero renews nuclear power push with small modular reactors

Small modular reactors are being seen as a cheaper and relatively safer way forward

NPCIL-NTPC joint venture to build 4,200 MW of nuclear power project

As per the earlier agreement signed on 27.4.2010, the equity holding pattern in Anushakti Vidhyut was to be 51% for NPCIL and 49% for NTPC

NTPC, NPCIL sign agreement for joint development of nuclear power plants

Joint Venture company to develop Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW

Europe's most powerful nuclear reactor 'Olkiluoto 3' kicks off in Finland

Finland's much-delayed and costly new nuclear reactor, Europe's most powerful by production capacity, has completed a test phase lasting over a year and started regular output, boosting the Nordic country's electricity self-sufficiency significantly. The Olkiluoto 3 reactor, which has 1,600-megawatt capacity, was connected into the Finnish national power grid in March 2022 and kicked off regular production on Sunday. Operator Teollisuuden Voima, or TVO, tweeted that Olkiluoto 3 is now ready after a delay of 14 years from the original plan. It will help Finland to achieve its carbon neutrality targets and increase energy security at a time when European countries have cut oil, gas and other power supplies from Russia, Finland's neighbour. The production of Olkiluoto 3 stabilises the price of electricity and plays an important role in the Finnish green transition, said TVO President and CEO Jarmo Tanhua in a statement. The company added that the electricity production volume of Euro

India's 9% electricity to come from nuclear sources by 2047: Jitendra Singh

India will get 9 per cent of its electricity from nuclear sources by 2047, the centenary year of the country's independence, Union Minister Jitendra Singh said on Sunday. The Science and Technology minister made these remarks after reviewing the functioning of the Bhabha Atomic Research Centre in Mumbai. Singh said the rising share of nuclear power in India's energy basket would help it get closer to the commitment of achieving the net zero target by 2070. He said the Department of Atomic Energy has been given the target of achieving 20 gigawatts (GW) capacity of nuclear power generation by 2030, which will make India the third-largest producer of atomic energy in the world after the US and France. Singh said the credit for this rapid stride goes to Prime Minister Narendra Modi who took the decision of approving 10 reactors in a fleet mode in a single order and also allowed nuclear installations to be developed under joint ventures with PSUs. India has the sixth-highest number of