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Keyword:small modular reactors
Vietnam and Russia Join Forces to Accelerate Nuclear Science and Technology Research Center Project
On the afternoon of July 30, Vietnamese Minister of Science and Technology Vu Hai Quan received a delegation led by Ilja Vergizajev, General Director of Rosatom Construction Technology Co., Ltd., a subsidiary of Russia's State Atomic Energy Corporation (Rosatom), in Hanoi. During the meeting, the Vietnamese side put forward three specific requests: accelerating the construction of the Vietnam Nuclear Science and Technology Research Center (CNST); supporting Vietnam in gradually mastering small modular reactor (SMR) technologies; and training human resources for Vietnam in the fields of atomic energy, radiation, and nuclear safety. Both sides confirmed that nuclear cooperation holds strategic significance and has long been a focus of high-level attention between the two countries. The CNST has been defined by the Vietnamese side as a...
2026-07-31
World Nuclear Association expects global large-scale nuclear power construction spending to peak between 2041 and 2045
The World Nuclear Association (WNA) expects global nuclear power industry spending to reach a phased peak between 2041 and 2045. At 2025 prices, approximately $1 trillion will be directed toward the construction of large nuclear power plants during this period. Sama Bilbao y León, Director General of the World Nuclear Association, stated that investment interest in the nuclear energy sector has significantly increased, with 50 countries having formulated relatively specific nuclear energy development plans. She believes that implementing these plans will require substantial financial support, with the required investment scale far exceeding current levels. According to the Association's estimates, in addition to large nuclear power plant construction, approximately $450 billion will be allocated globally to small modular reactor projects between 2041 and 2045, along with $84 billion for extending the operational lifetimes of existing reactors.
2026-07-30