Search Results

OECD Nuclear Energy Agency and the United States to Co-Host "New Nuclear Roadmap 2026" Conference

The OECD Nuclear Energy Agency (NEA) and the United States will co-host the New Nuclear Roadmap 2026 conference on September 17-18, 2026, in Paris, France. The conference will bring together ministers, senior government representatives, industry leaders, investors, experts, and relevant stakeholders to discuss the policy, industrial, and financial conditions required for the large-scale deployment of new nuclear capacity. U.S. Secretary of Energy Chris Wright stated that the world needs more energy and that nuclear energy will play an important role in addressing this demand. The U.S. Department of Energy will co-host the conference with partners to advance nuclear innovation, strengthen international cooperation, and continue to promote global nuclear energy development...

2026-08-20

South Korea's Nuclear Expansion Faces Fuel Supply Pressure as Enriched Uranium Costs Surge Nearly Sixfold in Seven Years

Against the backdrop of accelerating global nuclear power construction and surging electricity demand from AI data centers, the nuclear fuel supply chain is facing new tensions. Due to limited uranium enrichment capacity and sanctions affecting Russian-related supplies, international uranium enrichment prices have risen sharply over the past seven years. South Korea's nuclear expansion plans are consequently facing fuel procurement pressure, with industry experts concerned that if mid- to long-term nuclear fuel security proves insufficient, newly built nuclear units could face operational risks in the future. Korea Hydro & Nuclear Power (KHNP) recently disclosed that South Korea's domestic annual enriched uranium consumption is expected to increase from approximately 460 tons currently to about 540 tons next year. The rising demand mainly stems from the overlap between life-extension operations of some older nuclear units and the commissioning of new units...

2026-08-18

Japan's Nuclear Power Revival Enters Supply Chain Rebuilding Phase, with Spent Fuel and Engineering Capacity as Key Constraints

As Japan advances energy security, reduces dependence on fossil fuel imports, and expands low-carbon electricity supply, the focus of the country's nuclear power market is shifting from mere reactor restarts to a comprehensive supply chain rebuild covering manufacturing, operations and maintenance, life extension, fuel cycle, and waste management. GlobalData estimates Japan's nuclear power generation at 101.0 TWh in 2025 and projects it to increase to 123.3 TWh by 2035. Japan's policy target is to maintain nuclear power at approximately 20% to 22% of the electricity generation mix. Based on total annual electricity demand of approximately 1,050 TWh, a 20% nuclear share corresponds to about 210 TWh, while a 22% share corresponds to about 231 TWh. Compared with the 2025 nuclear generation figure of 101.0 TWh, the estimated gap is approximately 109 TWh to 130 TWh.

2026-08-18

India Unveils Nuclear Energy Self-Reliance Roadmap, Targeting 100 GW Nuclear Capacity by 2047

India's Minister of State for the Prime Minister's Office, Jitendra Singh, recently stated in a written reply to the Lok Sabha that India is accelerating the development of its domestic nuclear energy ecosystem, with key focus areas including advanced reactor technologies, small modular reactors, domestic manufacturing capabilities, private sector participation, and the long-term development and utilization of thorium resources. Singh stated that India's long-term nuclear energy strategy remains based on its three-stage nuclear power program, aiming to gradually utilize the country's relatively abundant thorium resources while ensuring long-term energy security. India proposed a Nuclear Energy Mission in its 2025-2026 federal budget, planning to expand nuclear power capacity to 100 GW by 2047...

2026-08-17

Energoatom and the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine Sign Scientific and Technical Cooperation Agreement

On August 13, Pavlo Kovtoniuk, head of Ukraine's national nuclear energy company Energoatom, and Ihor Kryvtsun, director of the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine, signed a scientific and technical cooperation agreement. Under the agreement, the two parties will integrate scientific research and engineering technical resources to provide technical support for the safe operation of nuclear power units and other nuclear energy facilities, and will cooperate in areas such as extending the service life of reactor installations and the feasibility study and implementation of new nuclear power unit projects...

2026-08-15

Korea Eximbank to Promote Financial Cooperation with TerraPower on Small Modular Reactors

The Export-Import Bank of Korea (KEXIM) is in talks on financial cooperation with TerraPower, a U.S. next-generation nuclear energy company, with both sides planning to establish a support mechanism centered on the commercialization of small modular reactors (SMRs) and overseas market expansion. According to KEXIM, bank Chairman Hwang Gi-yeon recently met with TerraPower Chairman Bill Gates, and the two sides exchanged views on expanding the global SMR ecosystem and advancing Korea-U.S. next-generation nuclear energy cooperation. TerraPower was founded by Bill Gates in 2008 and focuses on developing next-generation nuclear energy technologies. The company has developed the "Natrium" next-generation reactor using sodium-cooling techn...

2026-08-16

KHNP Maps Out SMR Security System to Address Drone and Nuclear Material Threats

Korea Hydro & Nuclear Power (KHNP) is preparing to establish a new security response system for Small Modular Reactors (SMRs) and decommissioned nuclear power plants. Due to their smaller size and more flexible deployment methods, SMRs may be distributed across different regions in the future, and the security risks they face are not entirely identical to those of traditional large-scale nuclear power plants. KHNP plans to launch a research service on physical protection implementation plans related to new nuclear energy projects in September, focusing on assessing risks such as terrorist attacks, external intrusion, theft of nuclear materials, facility sabotage, and drone attacks. Physical protection refers to a nuclear security system established for nuclear materials and nuclear facilities, encompassing prevention, detection, interdiction, and emergency response.

2026-08-15

Türkiye Maps Out Small Modular Reactors, Targeting 5,000 MW Installed Capacity by 2050

Türkiye is positioning small modular reactors (SMRs) as a new breakthrough in its nuclear energy strategy. Under relevant plans, Türkiye aims to achieve approximately 5,000 MW of SMR installed capacity by 2050, a scale that would surpass the Akkuyu Nuclear Power Plant project. For Türkiye, which has long sought to reduce its external energy dependence, SMRs are seen as a strategic opportunity combining energy security, industrial upgrading, and technological competitiveness. Compared with traditional large-scale nuclear power plants, SMRs feature smaller installed capacity and more flexible deployment, typically ranging from 10 MW to 300 MW; micro modular reactors below 10 MW are even smaller and can be transported by truck. Reports note that such reactors can be deployed in...

2026-08-13

India plans to build at least five domestically designed small modular reactors by 2033, and reports on nuclear power plant safety assessments

In a written reply to the Lok Sabha on August 12, Jitendra Singh, India's Minister of State for Atomic Energy, stated that a key objective of the Indian government under its nuclear energy mission is to develop and operationalize at least five domestically designed small modular reactors by 2033. According to the briefing, the Bhabha Atomic Research Centre (BARC) is advancing the design and development of indigenous small modular reactor (SMR) technology, with projects including the 220 MWe Bharat Small Modular Reactor (BSMR-200) and the 55 MWe SMR-55 for power generation. BARC is also developing a High-Temperature Gas-Cooled Reactor (HTGCR) with a capacity of up to 5 MW, which can be coupled with suitable thermochemical cycles for hydrogen production. Singh stated that India...

2026-08-13

Aegis to Develop Digital Twin Control Platform for Marine Nuclear Hybrid Energy with Ontario Tech University

Aegis Critical Energy Defence Corp. announced on August 12 that it will undertake a multi-year research collaboration with Ontario Tech University through the Mitacs Accelerate program. The project, valued at CAD 480,000, aims to develop and test a digital twin-based control platform to support the safe, reliable, and robust operation of small modular reactor and micro modular reactor (SMR/MMR) hybrid energy systems in marine environments. Under the project arrangement, the research team will simulate changing loads, system faults, and...

2026-08-13

South Korea Sets 2035 Commercialization Target for Small Modular Reactors

The Ministry of Science and ICT (MSIT) of South Korea announced on August 12 its "Seven Future Growth Engines SEED" promotion plan, designating small modular reactors, nuclear fusion, and next-generation renewable energy as key focus areas for the future clean energy sector. Among these, nuclear power-related content primarily centers on the commercialization of small modular reactors, research and development of non-light water reactor-type reactors, nuclear fuel supply security, and fusion demonstration power generation. According to the plan, South Korea will advance the development of light water reactor-type small modular reactors, targeting commercialization in Gijang County, Busan by 2035. The innovative small modular reactor (i-SMR) will undergo detailed design through public-private cooperation starting next year...

2026-08-13

Poland Plans State Capital Injection to Accelerate GE Vernova Hitachi SMR Deployment

The Polish government is seeking to accelerate the development of small modular reactor (SMR) projects. Polish Energy Minister Miłosz Motyka stated that the government is in negotiations regarding the Polish Development Fund (PFR) taking a stake in Orlen Synthos Green Energy (OSGE), with a focus on restructuring the company's shareholding. OSGE, jointly established by Polish energy giant Orlen and chemical company Synthos, plans to build a cluster of small nuclear reactors using GE Vernova Hitachi technology from the United States. Motyka noted that the core of the current negotiations is to avoid deadlock in corporate governance. If one company holds a 50% stake, the other party or other shareholders may find it difficult to form effective checks and balances on key decisions...

2026-08-12

India's Bihar signs memorandum of understanding for $2.3 billion small modular reactor project

The government of Bihar, India recently signed investment memorandums of understanding totaling approximately $6 billion (about €5.2 billion) with several industrial enterprises, covering sectors such as steel, textiles, food processing, pharmaceuticals, and nuclear energy. Among these, the nuclear energy project investment amounts to approximately $2.3 billion, making it the largest investment proposal among the signed agreements. According to a statement issued by the office of Bihar Chief Minister Samrat Choudhary, Global Renewable Advanced Clean Energy, a recently registered company headquartered in Hyderabad in central India, signed the nuclear energy memorandum of understanding. Further details...

2026-08-12

Rosatom Technical Academy Launches Development of Training Programs for Uzbekistan NPP Personnel

Rosatom Technical Academy has launched the development of training programs for personnel of the planned nuclear power plant in Uzbekistan. The foundation ceremony for this project was held in June this year, and training preparations will be aligned with the NPP construction schedule and subsequent operational requirements. Currently, Academy experts are developing teaching materials, refining training methodologies, and formulating course plans coordinated with the NPP construction phases for this new project. The training content will also be adapted to the characteristics of the small modular reactor technology adopted for the project to meet new technical requirements. At the Novovoronezh branch alone, about 50 experts are already involved in developing training programs for Uzbek personnel...

2026-08-12

TVA Preserves Bellefonte Nuclear Plant Site for SMR Development, Accelerates Negotiations with GE Vernova Hitachi

The Tennessee Valley Authority (TVA) is preserving the unfinished Bellefonte Nuclear Plant in Jackson County, Alabama for potential future development. Based on current progress, TVA is accelerating negotiations with GE Vernova Hitachi Nuclear Energy, and if the two parties ultimately reach an agreement, this long-idle nuclear plant site could be used to deploy multiple BWRX-300 small modular reactors. TVA spokesperson Scott Fiedler stated that the agency's current goal is to protect and preserve the Bellefonte site for future energy development. Small modular reactors are one of the technologies TVA is considering when evaluating potential power generation options, but no final decision has been made yet...

2026-08-12