Related Topic: Finance

UK government confirms Sizewell C eligible for RAB financing

UK government confirms Sizewell C eligible for RAB financing

The British government has published documents which show "significant progress" towards implementing a Regulated Asset Base funding model for new nuclear power projects. It has set out its case for the Sizewell C project to receive funding under the model and launched a consultation on how projects would receive RAB financing.

New Nuclear 14 June 2022


'Beautiful nuclear' must be included in energy transition, says LucidCatalyst

'Beautiful nuclear' must be included in energy transition, says LucidCatalyst

The priority for preventing irreversible climate change is decarbonisation, not the creation of energy systems which are 100% dependent on renewables, according to a new report from LucidCatalyst. It says expanding the use of nuclear energy could enable faster progress towards a sustainable and prosperous future for all.

Energy & Environment 13 June 2022


Q&A: The priorities of the USA's new assistant secretary for nuclear energy

Q&A: The priorities of the USA's new assistant secretary for nuclear energy

This is a "fantastic moment" for the USA to reclaim global nuclear energy leadership, says Kathryn Huff.

Perspectives 13 June 2022


EU taxonomy: Trade unions urge MEPs not to oppose plan

EU taxonomy: Trade unions urge MEPs not to oppose plan

The 20 unions representing Belgian, Bulgarian, Czech, Finnish, French, Hungarian, Lithuanian, Romanian, Slovakian and Slovenian energy workers say the inclusion of nuclear and gas in the EU taxonomy is vital for tackling climate change and increasing energy independence.

Nuclear Policies 25 May 2022


UK parliament committee reviews AGR decommissioning funding

UK parliament committee reviews AGR decommissioning funding

The terms of the 2009 sale of seven advanced gas-cooled reactor nuclear power plants to EDF Energy "placed a disproportionate amount of risk for meeting future decommissioning costs on the taxpayer," the UK House of Commons Public Accounts Committee said in a report published on 20 May.

Waste & Recycling 23 May 2022


Nucleoeléctrica Argentina director defends Atucha 3 deal

Nucleoeléctrica Argentina director defends Atucha 3 deal

Alejandro Estevez says Nucleoeléctrica Argentina is "taking the appropriate steps to be able to move forward with this project" in response to comments from former Undersecretary of Nuclear Energy Julián Gadano.

New Nuclear 23 May 2022


UK launches funding to encourage nuclear new build

UK launches funding to encourage nuclear new build

The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate competition in the industry and unlock investment across the UK. The Future Nuclear Enabling Fund will help to realise the government's ambition to approve eight new reactors by 2030.

Nuclear Policies 13 May 2022


US steel giant invests in NuScale

US steel giant invests in NuScale

Nucor Corporation has committed to a USD15 million private investment in public equity (PIPE) in small modular reactor developer NuScale Power. The investment increases total committed PIPE investment to USD236 million.

Corporate 06 April 2022


Japanese bank buys into NuScale

Japanese bank buys into NuScale

The Japan Bank for International Cooperation has made a strategic investment of USD110 million in NuScale Power of the USA through a purchase of equity from Fluor Corporation, who remains the majority owner in NuScale. NuScale said the investment represents an expansion in US-Japanese cooperation to progress the deployment of advanced nuclear energy technology.

Corporate 04 April 2022


House of Lords considers UK nuclear financing plan

House of Lords considers UK nuclear financing plan

The proposed changes to the funding model for new nuclear cleared their first hurdle, as members of the UK parliament's second chamber debated the Nuclear Energy (Financing) Bill for the first time.

Nuclear Policies 23 February 2022