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EU approves Dutch state aid for Pallas

EU approves Dutch state aid for Pallas

The European Commission has approved, under EU state aid rules, the Dutch government's plan to invest EUR2 billion (USD2.2 billion) in the construction of the new Pallas research reactor in Petten, the Netherlands.

New Nuclear 26 July 2024

UK launches HALEU deconversion competition

UK launches HALEU deconversion competition

The UK government has launched a competition for funding up to GBP70 million (USD90 million) to support the development of a commercial HALEU deconversion facility in the country.

Uranium & Fuel 25 July 2024

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Angra 3 consultation response deadline extended

Angra 3 consultation response deadline extended

Brazil's Eletronuclear has extended by 45 days the deadline for publishing responses to the consultation on the proposed bidding contract for completing the works at Angra 3.

Corporate 25 July 2024

SMRs feature in Indian budget

SMRs feature in Indian budget

The Indian government has announced plans to partner with the private sector to develop small modular reactors in a 2024-25 budget announcement which recognises a significant role for nuclear in the country's future energy mix.

Nuclear Policies 24 July 2024

Belgian nuclear extension plans to face EU state aid investigation

Belgian nuclear extension plans to face EU state aid investigation

The European Commission has opened an in-depth investigation into whether the support for the lifetime extension of two of Belgium's nuclear power reactors is in line with its rules on acceptable state aid.

Nuclear Policies 23 July 2024

Climate finance top priority, says COP29 President-Designate

Climate finance top priority, says COP29 President-Designate

Mukhtar Babayev, president-designate of the UN's COP29 summit taking place in Azerbaijan in November, says the top negotiating priority is agreeing a "fair and ambitious" goal on climate finance "adequate to the urgency and scale of the problem, taking into account the needs and priorities" of developing countries.

Energy & Environment 19 July 2024

Fusion funding and jobs growing fast, says key industry report

Fusion funding and jobs growing fast, says key industry report

The Global Fusion Industry in 2024 report says that more than USD900 million has been invested in the fusion industry in the past year, and more than 1000 jobs created.

Other News 17 July 2024

University secures Saskatchewan funding for nuclear research

University secures Saskatchewan funding for nuclear research

Three nuclear research projects at the University of Regina have been awarded funding totalling CAD580,000 (USD424,000) by Innovation Saskatchewan through the Innovation and Science Fund.

New Nuclear 17 July 2024

Grossi puts case at World Bank for financing new nuclear

Grossi puts case at World Bank for financing new nuclear

International Atomic Energy Agency Director General Rafael Mariano Grossi urges the World Bank and other multinational development banks to start financing new nuclear energy projects as part of efforts to achieve deep and rapid decarbonisation.

Nuclear Policies 01 July 2024

OPG expands green financing to include new nuclear

OPG expands green financing to include new nuclear

Ontario Power Generation's new Sustainable Finance Framework replaces its 2021 Green Bond Framework and will permit funding of a broader range of clean energy technologies. It now allows net proceeds from the bond to be used for new nuclear projects as well as to provide funding for existing nuclear facilities.

Corporate 26 June 2024