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South Korea's Nuclear Safety Regulatory Budget for 2027 Rises to KRW 303 Billion

The Nuclear Safety and Security Commission (NSSC) of South Korea announced on September 1 that it has allocated KRW 303 billion for the 2027 budget, an increase of KRW 10.4 billion from this year. The new budget focuses on areas such as small modular reactor regulation, spent nuclear fuel safety, nuclear facility decommissioning review, environmental radiation monitoring, and nuclear safety information disclosure. Regarding small modular reactors, as non-light water reactor-type small modular reactor development projects aim to obtain licenses by the early 2030s, South Korea will invest KRW 8 billion in R&D to establish a new safety evaluation system. In addition, in line with the preliminary review system set to take effect in November this year, the government has allocated KRW 2.7 billion to conduct preliminary reviews of non-light water reactor-type small modular reactors expected to file applications next year. This system allows applicants to request regulatory review of reactor designs before formally submitting license applications.

2026-09-02

Manila Electric Company Advances Small Modular Reactor Feasibility Study in the Philippines

Manila Electric Company (Meralco) and its power generation arm, Meralco PowerGen Corporation (MGEN), have commissioned U.S. engineering firm Sargent & Lundy and its Philippine local partner, AMH Philippines Inc. (AMH), to conduct a comprehensive feasibility study on Small Modular Reactors (SMRs). MGEN announced on September 1 (local time) that the study is part of a $2.8 million technical assistance program provided by the U.S. Trade and Development Agency (USTDA). The program was officially announced in February 2026, with the goal of completing the study by the fourth quarter of 2027...

2026-09-01

Singapore to Seriously Evaluate Nuclear Energy Options to Safeguard Energy Autonomy

Singapore's Senior Minister Lee Hsien Loong said on August 31, before concluding his official visits to Kazakhstan and Uzbekistan, that Singapore has not yet decided whether to adopt nuclear energy, but must seriously study whether nuclear energy is applicable to the country, preserving autonomous options for future energy supply and avoiding being constrained by external conditions during the energy transition. Both Kazakhstan and Uzbekistan are oil and gas producers and are also advancing nuclear power projects to enhance the resilience of their energy systems. Kazakhstan is currently building its first nuclear power plant in cooperation with Russia; Uzbekistan has held the groundbreaking ceremony for its first small modular reactor nuclear power plant and initiated design work...

2026-09-01

Sweden's Blykalla applies for government funding for advanced reactor park at Tierp

Untra Nuclear Power AB, a wholly owned project company of Swedish advanced nuclear energy firm Blykalla Group, submitted an application on August 31 seeking state support for investment in a new nuclear power plant. The project plans to build an advanced reactor park in the Untra area of Tierp municipality, Uppsala County, Sweden, with 6 to 8 SEALER-55 units planned. According to the project plan, if 8 units are built, the plant's total installed capacity would reach 440 MW, with an estimated annual generation of 3.68 TWh. Blykalla Group had previously submitted a government approval application for the project on August 25. Sweden's new nuclear financing model has...

2026-09-01

First Russia-IAEA Small Modular Reactor Training Course Concludes in Murmansk

On August 31, the Small Modular Reactor training course jointly organized by Rosatom Technical Academy and the International Atomic Energy Agency (IAEA) concluded in Murmansk, Russia. The training focused on operational experience and future prospects of small modular reactors. The five-day training brought together participants from Asia, Africa, the Middle East, and Latin America, including representatives from national nuclear energy agencies, regulatory bodies, and organizations interested in developing small nuclear power projects. Participants exchanged views on the current state of small modular reactor technology, readiness for engineering application, and deployment prospects. The course highlighted Russia's...

2026-09-01

Taiwan plans to include small modular reactors and nuclear fusion in new energy exploration

Taiwan's administrative agency head Cho Jung-tai stated on August 26 that, in response to the rapid global development of energy technologies, Taiwan maintains an open attitude toward new nuclear energy technologies and has gradually invested in research and evaluation of directions such as small modular reactors (SMRs) and nuclear fusion. Relevant budgets have been included in discussions, and the central government's general budget for the next fiscal year also plans to allocate funds for engaging with and tracking global nuclear fusion technology progress. Cho Jung-tai stated at a new energy forum that day that, for Taiwan, energy types that have not yet entered large-scale commercial application or whose research and development technologies are still immature can all be regarded as targets for new energy exploration. In addition to technologies such as geothermal, small hydropower, and hydrogen energy, new nuclear energy has also been listed as a direction for future sustained observation and research...

2026-08-31

India's Tata Consulting Engineers Calls for Expanded Private Sector Participation in Nuclear Energy R&D

Amit Sharma, Managing Director and Chief Executive Officer of Tata Consulting Engineers (TCE), said that India's Department of Atomic Energy (DAE) should focus more on national strategic objectives and engage in deeper collaboration with the private sector in nuclear power generation-related fields. Sharma stated that TCE has partnered with India's nuclear program for over five decades. The DAE's original core mission was to serve national strategic needs rather than directly undertake power generation. He believes the DAE could draw on the experience of the Indian Space Research Organisation (ISRO) in promoting private sector development, allowing enterprises greater scope for participation in nuclear energy R&D.

2026-08-31

Russia Deepens Nuclear Power Plant Construction Cooperation in Asia and Africa in 2025

Rosatom recently released a report stating that in 2025, the company made progress in cooperation on the construction of large and small nuclear power plants in Asia and Africa, further consolidating its position as a global technology partner. The report noted that by the end of 2025, Rosatom's offerings to partner countries had expanded beyond the energy sector to encompass more comprehensive technological cooperation. Key achievements include advancing cooperation on large nuclear power plants and small modular reactor projects in Central Asia, Africa, and Southeast Asia, as well as expanding exports of non-energy products. In the non-energy sector, the report mentioned that Rosatom has opened an additive manufacturing center in Belarus and plans to...

2026-08-30

South Korean survey shows 80% of respondents support including new nuclear power plants in power planning

An energy public perception survey released by the Korea Energy Information Culture Foundation on August 28 showed that 82.9% of respondents believed it is necessary to include plans for new nuclear power plants in the 12th Basic Plan for Electricity Supply and Demand currently being formulated, in response to future growth in electricity demand. The survey was commissioned by the Korea Energy Information Culture Foundation and conducted by Korea Research International via telephone interviews from June 12 to 15, targeting 2,000 adults aged 18 and above. The response rate was 10.0%, with a sampling error of...

2026-08-30

Multiple African countries push nuclear power projects from planning to financing and construction

According to the nuclear energy special report in the recently released "Nuclear Industry Insights, Fourth Quarter 2026," more than a dozen African countries are attempting to advance nuclear power from policy concepts to financeable, constructible project stages. The report notes that rising demand for reliable, low-carbon baseload power is an important backdrop for nuclear energy's return to Africa's energy strategy discussions. Currently, two of Africa's more advanced nuclear projects have reached new milestones. The reactor pressure vessel for Unit 2 of Egypt's El Dabaa Nuclear Power Plant was installed on July 9, 2026. Previously, Unit 1 completed a similar installation in November 2025. El Dabaa is Egypt's first nuclear power plant, planned with 4 units and a total installed capacity of 4...

2026-08-28

Sweden's Oskarshamn New Nuclear Project Applies for State Aid

NuCore Energi AB, a project company under Fortum, has submitted a state aid application to the Swedish government to initiate consultations on the framework and conditions for a new nuclear power project in Oskarshamn municipality. The project is planned to proceed near the existing Oskarshamn Nuclear Power Plant, with options covering small modular reactors (SMRs) and large reactors, with a total installed capacity expected to range between 1,200 MW and 3,400 MW. NuCore Energi submitted the state aid application on August 27, 2026. In the photo, from left to right: NuCore Energi CEO Laurent Leveugle and Minister Niklas Wykman. Fortum...

2026-08-28

Egyptian Minister of Electricity Inspects Small Modular Reactor Technology in Russia

On August 27, 2026, Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat visited a small nuclear reactor manufacturing and assembly plant operated by Rosatom during an official visit to Russia. The inspection focused on the latest advancements in small modular reactor-related technologies, industrial application status, and potential cooperation opportunities between the two sides. The Egyptian side stated that such visits align with the country's direction of diversifying energy sources and enhancing the security and sustainability of electricity supply. During the visit, Esmat was briefed on the manufacturing and assembly processes of small reactor components, as well as related safety systems...

2026-08-28

India's Draft Nuclear Regulations May Affect Foreign Reactor Technology Introduction

A draft nuclear regulatory framework in India could introduce new uncertainty to its nuclear power expansion plans. Multiple industry insiders and legal experts believe that the draft's additional approval requirements for imported reactors may push companies toward domestic technology and delay the entry of foreign capital and advanced reactor technology into the Indian market. India passed a new nuclear energy law last year, allowing private enterprises to enter the nuclear power sector, which had long been strictly controlled by the state, and is attempting to expand nuclear power capacity by introducing foreign technology and investment. India plans to increase its nuclear power installed capacity nearly tenfold over the next two decades to 100 gigawatts, with estimated investment needs approaching $210 billion. The target is seen as...

2026-08-28

South Korea's Pohang to Build Core Component Factory for Small Modular Reactors

The city of Pohang and North Gyeongsang Province recently signed a memorandum of understanding with Hyundai Heavy Industries Turbomachinery Co., Ltd. to build a large-scale production plant for eco-friendly turbomachinery and core components for small modular reactors (SMRs) at the fourth comprehensive industrial complex in Pohang's Yeongil Bay, with an investment of approximately 100 billion KRW. Under the agreement, Hyundai Heavy Industries Turbomachinery plans to carry out the project between 2026 and 2029, constructing related production facilities on a 101,128-square-meter site within the complex. Upon completion, the project is expected to create approximately 100 new jobs and boost the local manufacturing sector...

2026-08-28

Bangladesh Highlights Potential of Nuclear Technology for Maritime Applications at ATLAS Ministerial Meeting

On August 26, local time, Bangladesh's Minister of Science and Technology, Faqrul Mahbub Anam, stated at the 2026 Ministerial Launch of the Licensing of Atomic Technology for Marine Applications (ATLAS) held in Washington, D.C., USA, that Bangladesh is committed to responsible participation in the global nuclear dialogue and believes that emerging nuclear technologies hold significant potential in the field of maritime applications. Anam stated that in the face of challenges such as climate change, energy security, and growing energy demand, the importance of nuclear energy in reducing emissions and ensuring reliable energy supply is rising. Advanced nuclear technologies, including Small Modular Reactors (SMRs), can provide stable low-carbon electricity and support economic growth, poverty reduction...

2026-08-27