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Tag: Nuclear

DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning

September 30, 2024
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Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $ 1.52 billion loan guarantee to Holtec International to […]

The post DOE Finalizes $ 1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning appeared first on POWER Magazine.

Palisades-Wolverine

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IAEA Projects 950 GW of Global Nuclear Power Capacity by 2050

September 18, 2024
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The International Atomic Energy Agency (IAEA) said generation capacity of nuclear power worldwide is expected to rise more than the group previously expected, to as much as 950 GW of […]

The post IAEA Projects 950 GW of Global Nuclear Power Capacity by 2050 appeared first on POWER Magazine.

Ningde-5-first-concrete-July-2024-(CGN)

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Russia Plan Calls for 34 New Nuclear Reactors by 2042

September 3, 2024
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A government agency in Russia has published a draft plan for the expansion of nuclear power in the country that calls for construction of as many as 34 new reactors […]

The post Russia Plan Calls for 34 New Nuclear Reactors by 2042 appeared first on POWER Magazine.

Kursk nuclear power plant Russia

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IAEA: Aging Nuclear Fleet Warrants Reactor Life Extensions, Much More New Capacity

August 26, 2024
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While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds […]

The post IAEA: Aging Nuclear Fleet Warrants Reactor Life Extensions, Much More New Capacity appeared first on POWER Magazine.

Number of nuclear reactors by age (as of 1 January 2024). Source: IAEA

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TVA Boosts Nuclear Funding with $150M for SMR Development at Clinch River

August 22, 2024
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The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $ 150 million for the public power utility’s $ 200 million New Nuclear Program to boost continued design work and […]

The post TVA Boosts Nuclear Funding with $ 150M for SMR Development at Clinch River appeared first on POWER Magazine.

GE-bwrx-300-smr-nuclear-power-plant-rendering

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China Approves 11 New Nuclear Reactors, Including Fourth-Generation Design

August 20, 2024
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State-run China Energy News reported that officials on August 19 approved construction of 11 nuclear reactors across the country, part of a wave of new reactors that could see China […]

The post China Approves 11 New Nuclear Reactors, Including Fourth-Generation Design appeared first on POWER Magazine.

Fig3-Hainan-Linglong-SMR-China-nuclear

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