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Korea Hydro & Nuclear Power Terminates Negotiations with Czech Unit Construction Consortium, Plans to Re-Tender for General Construction Contractor

Korea Hydro & Nuclear Power (KHNP) officially announced on October 29 that, due to the breakdown of negotiations with the construction consortium formed by Daewoo Engineering & Construction and Doosan Enerbility over key subcontracting terms, it will initiate procedures to terminate the cooperation agreement and re-select a new construction contractor to advance the construction of two gigawatt-class advanced pressurized water reactor units at the Czech Dukovany Nuclear Power Plant. The Czech government selected KHNP as the preferred bidder for the project in July 2024 and formally signed a general contracting agreement worth 26 trillion Korean won (approximately USD 19.4 billion) in June 2025. As early as 2018, Daewoo Engineering & Construction and Doosan Enerbility were selected as construction partners and participated throughout the bidding...

2026-10-30

Rosatom Plans to Export Floating Nuclear Power Plants to Four African Countries

Recently, Alexey Likhachev, CEO of Rosatom, stated at the Third Russia-Africa Summit held in Moscow that the company is in in-depth consultations with four African coastal countries—Egypt, Togo, Namibia, and Tanzania—regarding the deployment of 100 MW offshore floating nuclear power plants (FNPPs). It is reported that the floating nuclear power plants offered by Rosatom to the African market are equipped with two RITM-200M reactors adapted for tropical climates, with a total installed capacity of approximately 100 MW and a design life of up to 60 years. The project plans to adopt a Power Purchase Agreement (PPA) business model, with Rosatom responsible for...

2026-10-30

Texas Leverages Federal Subsidies to Build a U.S. Hub for Advanced Nuclear Reactors

Recently, the U.S. state of Texas is rapidly emerging as a core hub for advanced reactors and small modular reactor (SMR) innovation across the United States, backed by tens of billions of dollars in federal earmarked funding and tax credit policies. It is reported that at least 7 new nuclear reactor projects have been announced in Texas. Among them, X-Energy is awaiting federal approval to build a next-generation high-temperature gas-cooled reactor with a cost exceeding $4 billion and a capacity of 320 megawatts at Dow's plastics plant in Seadrift; Natura Resources has partnered with Abilene Christian ...

2026-10-30

China National Nuclear Power Transfers RMB 2.796 Billion in Assets to Optimize Equity in Xin'an Project

Recently, China National Nuclear Power (601985.SH) issued an announcement that its controlled subsidiary CNNC Shandong Nuclear Energy Co., Ltd. plans to transfer, through a non-public agreement, the pre-construction asset group of RMB 2.796 billion (excluding tax) related to Units 1 and 2 of the Haiyang Xin'an Nuclear Power Project to its wholly-owned subsidiary CNNC (Shandong) Second Nuclear Energy Co., Ltd. (Shandong No. 2 Nuclear). It is reported that the transferred assets mainly consist of costs for site preparation, preliminary licensing, survey and design, and environmental impact assessment. The transaction is priced based on the special audit value as of March 31, 2026, and will not generate appraisal premiums or disposal gains or losses. The Haiyang Xin'an Nuclear Power Project belongs to the CNNC group system and is planned to accommodate 4 Hualong One pressurized water reactors and 2 high-temperature gas-cooled reactors. The assets transferred this time correspond to the pre-construction investment for Units 1 and 2 Hualong One reactors.

2026-10-29

Iran and Russia Plan Joint Construction of Small Modular Reactors

Recently, Behrouz Kamalvandi, spokesperson for the Atomic Energy Organization of Iran (AEOI), announced that Iran is currently at a critical stage of signing a cooperation agreement with Russia, aimed at comprehensively accelerating the joint construction and engineering implementation of small modular reactors (SMRs) between the two sides. It is reported that Kamalvandi made this announcement while attending the 6th Nuclear Energy Ministerial Meeting held in South Korea. He pointed out that in recent years, escalating global environmental challenges have further highlighted the urgency of expanding nuclear power generation. Currently, the total installed nuclear power capacity worldwide is approximately 400,000 MW, of which Iran's Bushehr ...

2026-10-29

US Company Deep Isolation Announces Start of Site Preparation for Texas Deep Borehole Demonstration Project

Recently, US-based nuclear waste disposal technology company Deep Isolation Nuclear announced that it has officially launched site preparation activities at its Deep Borehole Demonstration Center in Texas, marking the entry of deep borehole nuclear waste disposal technology into the pilot construction phase. It is reported that the project was selected for the Scaleup Ready program of the US Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) and received up to $40 million in federal funding support. This site preparation work includes building a calculated wellsite to provide the surface foundation for subsequent drilling, casing, and cementing operations of the demonstration borehole. The wellsite...

2026-10-29

US and Turkish Refining Giant Sign Agreement to Evaluate SMR Feasibility

Recently, the U.S. Trade and Development Agency (USTDA) signed an agreement with Tüpraş, Turkey's largest refiner, under which the U.S. side will fund a feasibility study to evaluate the technical and economic feasibility of using small modular reactors (SMRs) to supply electricity, high-grade industrial heat, and steam to the refinery. It is reported that the study will conduct a comprehensive assessment of multiple leading U.S. reactor technologies, covering technical and economic feasibility, environmental performance, regulatory compliance, and industrial application scenarios, and will develop a specific roadmap for Tüpraş's subsequent decision on whether to deploy SMRs. USTDA Deputy Director Thomas Hardy stated that the project will issue a public tender aimed at...

2026-10-29

Togo and Russia Sign Memorandum of Understanding on Nuclear Energy Cooperation

Recently, the Ministry of Energy of Togo and Rosatom signed a memorandum of understanding during the Russia-Africa Summit held in Moscow, under which the two sides will jointly assess the feasibility of implementing nuclear power and nuclear technology projects in Togo. It is reported that Togo's Minister of Energy Robert Koffi Messan Eklo and Rosatom Director General Alexey Likhachev jointly signed the agreement. In addition to assessing nuclear power construction, the memorandum will also explore the application of nuclear technology in non-power fields such as healthcare and agriculture, and includes content on cultivating nuclear energy talent in Togo and enhancing public awareness of nuclear energy...

2026-10-29

Ethiopian Prime Minister Announces Launch of Nuclear Power Program, Plans to Build Two Reactors

Recently, Ethiopian Prime Minister Abiy Ahmed Ali stated during an inspection visit to the Ethiopian Nuclear Energy Commission that developing nuclear energy is the next chapter in Ethiopia's pursuit of technological progress and economic transformation, and that the country will be committed to converting its abundant natural resources into tangible drivers of prosperity. It is reported that Ethiopia plans to build two nuclear reactors with a unit capacity of 1,200 megawatts each. Abiy Ahmed Ali pointed out that although nuclear power requires high initial investment and a construction period of at least ten years, its high stability and high output characteristics, which are unaffected by seasonal fluctuations, offer irreplaceable and significant advantages over hydropower and solar energy...

2026-10-29

Hyundai Engineering of South Korea Partners with Two U.S. SMR Developers

Recently, Hyundai Engineering of South Korea announced the signing of memoranda of understanding with U.S. small modular reactor (SMR) developers NANO Nuclear Energy and ARC Clean Technology, marking a comprehensive push into the global small modular reactor and Generation IV advanced nuclear reactor markets. Under the cooperation framework with NANO Nuclear, Hyundai Engineering will integrate its comprehensive capabilities in engineering design, procurement, construction (EPC), supply chain management, and modular construction to jointly advance the KRONOS reactor energy system project at the University of Illinois Urbana-Champaign (UIUC). The reactor is a 45...

2026-10-29

First Batch of Nuclear Fuel Delivered to Unit 2 of Rooppur Nuclear Power Plant in Bangladesh

Recently, Rosatom announced that the first batch of fresh nuclear fuel for Unit 2 of the Rooppur Nuclear Power Plant in Bangladesh has been successfully delivered to the project site and is currently being properly stored in a dedicated storage facility. It is reported that this batch of nuclear fuel assemblies was manufactured at the Novosibirsk Chemical Concentrates Plant, a production facility of Rosatom's TVEL Fuel Company, and was delivered through combined air and road transport. A joint inspection team composed of Bangladeshi experts, the general contractor, and manufacturing plant representatives is conducting mandatory incoming inspections at the site, including visual and instrumental testing, to ensure that the fuel fully complies with...

2026-10-29

Egyptian and Russian Heads of State Meet to Discuss Expansion of El Dabaa Nuclear Power Plant

Recently, Egyptian President Abdel Fattah el-Sisi met with Russian President Vladimir Putin at the Kremlin during the third Russia-Africa Summit held in Moscow. El-Sisi stated that Egypt hopes to further expand strategic nuclear energy cooperation with Russia and explicitly proposed plans to build new nuclear reactors after 2030. It is reported that El-Sisi reaffirmed Cairo's firm commitment to the construction timeline and payment obligations of the El Dabaa Nuclear Power Plant project. The reactor pressure vessel for Unit 2 of the nuclear power plant was successfully installed on July 9 this year...

2026-10-29

South Korea Officially Approved for 10-Year Life Extension of Kori Nuclear Power Plant Units 3 and 4

Recently, Korea Hydro & Nuclear Power (KHNP) officially received approval from the Nuclear Safety and Security Commission (NSSC) to extend the operating life of Units 3 and 4 of the Kori Nuclear Power Plant near Busan by 10 years. It is reported that both units are Westinghouse pressurized water reactors with a single-unit power output of 1025 MW, and their original 40-year design lifetimes expired in September 2024 and August 2025, respectively, during which both had been in shutdown status. Under this license, Kori Unit 3 may operate until September 2034, and Unit 4 until August 2035...

2026-10-28

CNNC and CSCEC Consortium Wins Major Zhuanghe Nuclear Power Marine Engineering Contract

Recently, the public announcement of the winning candidates for the marine engineering works of Phase I of the Liaoning Zhuanghe Nuclear Power Plant Project was officially released. The consortium composed of China Nuclear Industry Huaxing Construction Co., Ltd. and CSCEC Port and Waterway Engineering Bureau Group Co., Ltd. successfully secured the top position with a bid price of 1,356,800,300 yuan, becoming the first winning candidate. It is reported that this marine engineering works, as one of the key contract packages of the nuclear power project, covers core construction contents including the water intake open channel, plant area revetment, heavy-lift wharf, marine outfall drainage works, and temporary construction cofferdam. The maximum bid price for the project is approximately 1.484 billion yuan, with construction planned to commence on January 31, 2027, and a total construction period of 1,034 days. Upon completion, it will fully satisfy the nuclear power plant's cooling water intake and discharge, heavy equipment transportation, and plant area wave and flood protection requirements.

2026-10-28

Russian Maritime Register of Shipping Completes Inspection of Key Transformers for Nuclear-Powered Icebreaker

Recently, the Nuclear Ship Branch of the Russian Maritime Register of Shipping (RS) successfully completed the technical inspection of the ТРСЗП-6000/10-ОМ4 three-phase dry-type power transformer intended for the Project 22220 universal nuclear-powered icebreaker Stalingrad. It is reported that the inspection was led by Alexander Mamontov, Chief Engineer Surveyor of the RS Nuclear Ship Branch, and the equipment was manufactured locally by the St. Petersburg-based Electro-Physics company. The transformer has a rated power of 6000 kVA and a rated voltage of 10.5 kV,...

2026-10-28