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IAEA Hosts Nuclear Energy Financing Capacity-Building Workshop

The International Atomic Energy Agency (IAEA) recently held a capacity-building workshop on nuclear energy for international financial institutions at its headquarters in Vienna, Austria, attended by approximately 50 senior experts from the Asian Development Bank (ADB), the World Bank Group (WBG), the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development, the Asian Infrastructure Investment Bank (AIIB), and the African Development Bank (AfDB). Approximately 50 senior experts from the Asian Development Bank, the World Bank Group, the European Bank for Reconstruction and Development, the OPEC Fund, the Asian Infrastructure Investment Bank, and the African Development Bank attended the IAEA's nuclear energy capacity-building workshop for international financial institutions. (Photo: J. Fri...

2026-09-09

Five Korean Local Governments Discuss Improvements to On-Site Storage Facilities at Nuclear Power Plants

On September 8, 2026, Gyeongju City announced that the 36th Administrative Meeting of Local Governments Hosting Nuclear Power Plants was held in Gyeongju that day. Heads of local governments from five regions hosting nuclear power plants—Gyeongju City, Gijang County in Busan, Ulju County in Ulsan, Yeonggwang County in South Jeolla Province, and Uljin County in North Gyeongsang Province—attended the meeting. Photo of the administrative meeting of local governments hosting nuclear power plants held in Gyeongju on the 8th. Photo provided by Gyeongju City Government. The meeting discussed topics including current issues with on-site storage facilities within nuclear power plant premises, improvement of support systems for areas surrounding nuclear power plants, and joint response mechanisms among local governments. Participants noted that some issues faced by nuclear power plant host regions share common characteristics, requiring collaboration among local governments to ensure relevant opinions are reflected in government policies and systems.

2026-09-09

South Korea Reassesses New Nuclear Power Plant Construction Amid Rising AI Electricity Demand

On September 8, South Korea's Minister of Climate and Energy Environment, Kim Sung-hwan, stated in an interview that due to the expansion of the artificial intelligence industry, South Korea's future electricity demand is expected to increase by 25 to 30 gigawatts. The government is reassessing the possibility of constructing new nuclear power plants and plans to announce the 12th Basic Plan for Electricity Supply and Demand next month. Kim Sung-hwan said the aforementioned additional demand mainly stems from Samsung Electronics and SK hynix expanding semiconductor production, as well as the construction of new AI data centers. As internal combustion engine vehicles transition to electric vehicles and the scope of electric heating replacing gas heating expands, South Korea's overall electricity demand will continue to grow. The South Korean government...

2026-09-09

UK think tank calls for clear nuclear reactor technology roadmap to support nuclear expansion

On September 8, 2026, UK think tank Policy Exchange released a white paper stating that the UK government needs to more clearly articulate which nuclear reactor technologies it will rely on to advance the so-called nuclear golden age, and to strengthen the supply chain and achieve economies of scale through batch construction. Policy Exchange's Nuclear Enterprise Committee is composed of experts from government, industry, and academia. The committee believes that the UK's civil nuclear strategy is at a critical stage, and related decisions will affect the country's energy system for decades to come. The white paper points out that given that new small modular reactor technologies are still in the early stages of development, the UK government should retain the option of building another large-scale nuclear...

2026-09-09

Global nuclear power generation hits record high; World Nuclear Association says 2050 capacity target still requires project support

On September 8, 2026, the World Nuclear Association (WNA) stated in its newly released World Nuclear Outlook Report 2026 that global nuclear power generation reached 2,702 TWh in 2025, a record high. The Association said that if national nuclear expansion plans are implemented, global nuclear installed capacity could exceed the level corresponding to the nuclear tripling target by 2050. The report shows that global nuclear power generation in 2025 increased by 35 TWh compared with the previous record set in 2024. The average capacity factor of operating nuclear units worldwide was 83.7%, continuing the strong operational performance seen since 2000. The World Nuclear Association stated that with national targets achieved, identified...

2026-09-09

U.S. Bluecore Energy Raises $50 Million to Advance Floating Small Modular Reactors

On September 8, 2026, U.S.-based Bluecore Energy announced the completion of a $50 million seed financing round to accelerate the development, testing, and deployment of its floating nuclear energy systems. Bluecore Energy is developing small modular water-cooled reactors that can operate on floating barges, with target applications including ports, utilities, data centers, offshore infrastructure, and communities facing energy shortages. The round was led by Silverton Partners, with existing investor Slauson & Co continuing its participation, alongside Harlem Capital, Precursor Ventures, LMNT, Visible Hands VC, Karman Ventures, and others. Bluecore ...

2026-09-09

Vietnam's Petrovietnam and Korea Electric Power Corporation Advance Cooperation on Ninh Thuan 2 Nuclear Power Project

On September 7, 2026, Vietnam's National Industry and Energy Group (Petrovietnam) and Korea Electric Power Corporation (KEPCO) are accelerating cooperation in nuclear power research and development. On September 8, a delegation led by Petrovietnam General Director Le Manh Cuong held a working meeting in Seoul, South Korea with a delegation led by KEPCO Chairman and CEO Kim Dong-cheol, with both sides focusing on the implementation of the cooperation agreement in the nuclear power sector. Le Manh Cuong stated that Vietnam is taking measures to create conditions for the implementation of nuclear power projects. Previously, Petrovietnam and KEPCO signed a cooperation agreement witnessed by high-level leaders of both countries, demonstrating that nuclear power has become a key area of Vietnam-Korea cooperation...

2026-09-09

Serbian President Says China to Participate in Uzbekistan's Second Nuclear Power Plant Project

Serbian President Aleksandar Vučić stated on September 8 at the Uzbekistan-Serbia Business Forum held in Belgrade that China will participate in Uzbekistan's second nuclear power plant project. He said the information came from a private conversation with Uzbek President Shavkat Mirziyoyev earlier that morning. Vučić relayed that Mirziyoyev briefed him on two nuclear energy projects in Uzbekistan, one implemented in cooperation with Russia and the other planned to advance with China. Vučić quoted Mirziyoyev as saying: One nuclear power plant is being built in cooperation with the Russians, and another is being built in cooperation with the Chinese...

2026-09-09

People's Daily Focuses on "Hualong One" Zhangzhou Nuclear Power

On September 8, the People's Daily client and the Vision client turned their lenses to Hualong One Zhangzhou Nuclear Power, presenting the entire process of the nuclear island polar crane bridge lifting at Unit 4 of Zhangzhou Nuclear Power in an 8-hour slow live broadcast. This was not only a visual feast of a national heavyweight project, but also a cloud-based review of Hualong One's solid strength. With over one million viewers witnessing online, it showcased Hualong One's millimeter-level engineering precision and the resolute pace of its batch construction, conveying to the world China's confidence and strength in independent innovation in nuclear power through the lens. Documentary of Unit 4 Nuclear Island Polar Crane Bridge Lifting. This slow live broadcast focused on the lifting site of the nuclear island polar crane bridge at Unit 4 of Zhangzhou Nuclear Power...

2026-09-09

UK Rolls-Royce SMR Signs Memorandum of Understanding with ABB on Small Modular Reactors

On September 8, 2026, ABB and Rolls-Royce Small Modular Reactors (Rolls-Royce SMR) signed a Memorandum of Understanding to explore collaboration on small modular reactor projects. Under the MoU, ABB will study how its automation, electrification, instrumentation, and communications solutions can be applied to the scaled deployment of related projects. Rolls-Royce SMR is developing standardized, factory-prefabricated small modular reactor technology aimed at reducing nuclear project risks, improving delivery certainty, and providing low-carbon electricity in global markets. The company plans to develop a fleet of units, each with an electrical output of 470 megawatts, capable of meeting the electricity needs of one million UK households...

2026-09-09

Ukraine's Zaporizhzhia Nuclear Power Plant says restoring second external power line is critical to nuclear safety

On September 7, the Zaporizhzhia Nuclear Power Plant stated that restoring and commissioning the second external power transmission line—the 750 kV Dniprovska line—is critical to improving the reliability of the plant's power supply and enhancing nuclear and radiation safety levels. The plant also proposed that a systematic supply of fuel for backup diesel generators needs to be ensured. The Zaporizhzhia Nuclear Power Plant stated that after the 330 kV Ferrospravnaya-1 transmission line restored external power supply, the radiation conditions at the plant and surrounding areas remained stable, within the range of natural background levels. The plant also stated that following the restoration of external power supply, the backup diesel generators have been switched to standby mode. In its statement, the plant said that the Ferrospravnaya-1...

2026-09-09

Russia Says India's Kudankulam Nuclear Power Plant Project Progressing Smoothly

On September 8, Russian Presidential Press Secretary Dmitry Peskov stated at a briefing for Indian media that the Kudankulam Nuclear Power Plant project in India is progressing smoothly, and Russia looks forward to negotiations with India on new nuclear power plant projects. Peskov said: "The Kudankulam Nuclear Power Plant project is progressing well, and we look forward to further developing cooperation in this area while awaiting negotiations on the construction of new nuclear power plants in India." The report noted that these remarks were made on the eve of the BRICS summit in New Delhi...

2026-09-09

Romania's Cernavoda Nuclear Power Plant to Remain Offline Until at Least September 18 Due to Low Danube River Levels

On September 8, Romania's Cernavoda Nuclear Power Plant was expected to remain offline until at least September 18 due to low water levels in the Danube River. Emil Macovei, Technical Director of Nuclearelectrica, the operator of the Cernavoda plant, stated that over the next 10 days, the Danube's water volume would still be insufficient to support the restart of either of the plant's two units. Romania's Antena 3 television channel quoted him as saying that current hydrological conditions do not yet meet the requirements for unit operation. Cristian Busoi, Secretary of State at Romania's Ministry of Energy, said that predictions regarding the plant's restart timeline were "rather optimistic," and the ministry is currently unable to provide a definitive date for resuming operations. He confirmed that...

2026-09-09

South Korea's Naver Introduces Nuclear Power-Specialized AI Hy-NuRI Cooperation Experience in France

According to South Korean media reports on September 9, Naver, a South Korean internet service company, introduced its case of developing the nuclear power-specialized AI "Hy-NuRI" in cooperation with Korea Hydro & Nuclear Power while seeking to expand AI cooperation in France. Reports indicate that Naver CEO Choi Soo-yeon and Naver Cloud CEO Kim Yoo-won recently met with heads of French companies and institutions in media, information technology, energy, transportation, and finance sectors to discuss cooperation directions such as AI infrastructure and industry-specialized AI. At the Korea-France Business Roundtable held in France on the 8th, Choi Soo-yeon stated that Naver hopes to cooperate around global AI infrastructure and industry-specialized AI with data sovereignty and security guarantees.

2026-09-09

South Korea and Westinghouse Electric Plan to Advance Cooperation on 8 Nuclear Power Plants in the U.S.

According to a September 9 report by South Korean media, South Korea and the United States are coordinating an investment cooperation plan to build up to 8 large-scale nuclear power plants in the U.S., with a total project scale of approximately $120 billion, equivalent to about 161 trillion Korean won. Korea Hydro & Nuclear Power (KHNP) and U.S.-based Westinghouse Electric Company (WEC) are expected to collaborate on the project. The report said the preliminary plans under discussion include: at least 2 of the 8 nuclear power plants using the Korean-designed APR1400 reactor, with the remaining units likely adopting Westinghouse AP1000 technology. Specific site selection, construction entities, operational arrangements, final reactor types...

2026-09-09