NuGeneration's project to build a nuclear power plant of up to 3.8 GWe gross capacity at Moorside in West Cumbria will be the first opportunity for lenders to enter the UK's nuclear power program, CEO Tom Samson told World Nuclear News in an interview.

The UK government has announced details of almost £80 million ($115 million) in funding to support the creation of five new National Colleges that it says will support the delivery of major infrastructure projects, including new nuclear. The centres of high-tech training will "ensure the UK has skilled people in industries crucial to economic growth - high speed rail, nuclear, onshore oil and gas, digital skills and the creative industries", the Department for Business, Innovation and Skills said yesterday.

Four US organizations have urged the US administration to keep the position of director of nuclear energy policy at the National Security Council, saying that the so-called 'nuclear energy policy czar' is crucial to the coordination of US nuclear trade, security and climate policy.

The commission reviewing the financing of Germany's nuclear phase-out has recommended to the government that the reactor owners pay some EUR23.3 billion ($26.4 billion) into a state-owned fund for decommissioning of the plants and managing radioactive waste.

The overall benefits of keeping New York's upstate nuclear power plants in operation under the state's Clean Energy Standards program would significantly outweigh the costs, a study by economists at the Brattle Group has found.

The UK's Nuclear Industry Association has welcomed new official data from the Office for National Statistics which it said shows the "vital contribution nuclear power generation makes to the economy". The statistics, released for the first time and part of the low-carbon and renewable energy data series, show nuclear generation and new build activities contributed £3.5 billion to the economy in 2014, with 15,500 people employed full time.

EnBW has had its claim for damages arising from Germany's moratorium on nuclear power thrown out by a regional court in Bonn. The court announced today that Germany's fourth biggest utility had not used immediately "all legal means available” to avert the consequences of the forced shut down of its nuclear power units.

World leaders attending the last in the current series of Nuclear Security Summits on 1 April pledged to establish a high-level group to sustain and take forward work to build a strengthened and comprehensive global nuclear security architecture.

Vincent de Rivaz, the CEO of EDF Energy, said today that the Hinkley Point C (HPC) project will "clearly and categorically" go ahead. Giving evidence to the UK parliament's Energy and Climate Change Committee, de Rivaz confirmed that, according to the French economy minister, the repeatedly postponed final investment decision on the project to build two EPR units at the site in Somerset, England would finally be made "by early May". He would not himself give a specific date and said the decision would be made "very soon".

China's operating nuclear generating capacity will double over the next five years under the country's latest Five-Year Plan. The plan also calls for the preparation for construction of inland nuclear power plants and work on a reprocessing plant to start by 2020.

The USA and South Korea have formally launched the High Level Bilateral Commission to facilitate strategic dialogue and technical exchanges on peaceful nuclear cooperation between the two countries as required under their bilateral nuclear cooperation agreement.

India has allocated an extra 30 billion rupees ($442 million) to boost nuclear power generation projects over the next 15-20 years in its 2016 budget, finance minister Arun Jaitley announced on 29 February.