Related Topic: Finance

Initial funding in place for Pallas construction

Initial funding in place for Pallas construction

Funding has been allocated in the coming years for the construction of the Pallas research reactor in Petten, the Netherlands, Minister of Health, Welfare and Sport Ernst Kuipers announced.

New Nuclear 20 September 2022


Financing issues for nuclear under the spotlight

Financing issues for nuclear under the spotlight

The financing of nuclear projects under current mechanisms faces many challenges, panelists at World Nuclear Symposium agreed. However, plans for a new multilateral bank specifically for nuclear infrastructure could help projects move forward.

New Nuclear 09 September 2022


Cleanup of two Uzbek sites to start in early-2023

Cleanup of two Uzbek sites to start in early-2023

Environmental remediation of former uranium mining sites at Yangiabad and Charkesar in Uzbekistan is set to begin following the signing of a EUR7 million (USD7 million) grant agreement between the Environmental Remediation Account for Central Asia and the Uzbek government.

Uranium & Fuel 05 September 2022


UK government funding for advanced reactor development

UK government funding for advanced reactor development

The UK government has announced GBP3.3 million (USD3.8 million) in funding to support the development of advanced nuclear technology. Six projects aimed at developing Advanced Modular Reactors in the UK have been selected to receive funding totalling GBP2.5 million.

Nuclear Policies 02 September 2022


UK government allocates more funding to Sizewell C

UK government allocates more funding to Sizewell C

The UK government will provide GBP700 million (USD807 million) in funding for the Sizewell C nuclear power plant project, departing Prime Minister Boris Johnson has announced during a speech at the Sizewell B plant in Suffolk, England.

New Nuclear 01 September 2022


Inflation Reduction Act makes 'down payment' on HALEU

Inflation Reduction Act makes 'down payment' on HALEU

Centrus and GLE have welcomed the USD700 million support package to develop high-assay low-enriched uranium included in the US Inflation Reduction Act to develop the infrastructure needed to fuel next generation of nuclear reactors.

Uranium & Fuel 23 August 2022


Poland amends laws to speed investment in nuclear energy

Poland amends laws to speed investment in nuclear energy

Poland's Council of Ministers has adopted a draft act amending the act on the preparation and implementation of investments in nuclear power facilities and associated investments, the country's National Atomic Energy Agency announced. The main goal of the changes is to shorten the time of investment implementation.

Nuclear Policies 18 August 2022


South Korea's SK Group invests in TerraPower

South Korea's SK Group invests in TerraPower

SK Inc and SK Innovation - both affiliates of SK Group, Korea's second-largest conglomerate - have invested USD250 million in US nuclear innovation company TerraPower. The investment by SK is part of the latest private capital fundraise, which has raised at least USD750 million of investment in TerraPower.

Corporate 16 August 2022


Podcast: EU taxonomy vote explained, and leadership in nuclear

Podcast: EU taxonomy vote explained, and leadership in nuclear

The vote favouring nuclear in the EU taxonomy was bigger than expected - Nucleareurope’s Jessica Johnson explains why. Jonathan Cobb crunches the numbers on the nuclear industry and the IAEA’s Lisa Lande discusses leadership and why it is so important in the nuclear sector.

Perspectives 01 August 2022


Holtec submits USD7.4bn SMR programme to federal loan programme

Holtec submits USD7.4bn SMR programme to federal loan programme

Holtec says it wants to build its first SMR-160 small modular reactors for a four-unit power plant in the USA and to establish a "supersize factory to manufacture SMR-160s", saying that the "first mover state will become the leader in the emerging industry".

New Nuclear 21 July 2022