The China Atomic Energy Authority (CAEA), the federal agency overseeing nuclear energy development, began construction of the country’s largest-ever uranium project in the Ordos region on Friday. The new project ties in nicely with China’s rapid construction of new nuclear as it pursues homegrown green energy.
The Department of Energy released its 2024 Fusion Energy Strategy, which outlines its three pillars for advancing domestic commercial fusion energy alongside the private sector.
Linking industry with public and legislative support is the key to unlocking a new wave of advanced nuclear energy projects in the US, per a new Nuclear Innovation Alliance (NIA) report.
The nuclear industry can breathe a little easier knowing that trafficking of nuclear and radioactive material remained low in 2023, according to the annual fact sheet published Monday by the Incident and Trafficking Database (ITDB), a branch of the UN nuclear energy watchdog agency.
NuScale Power Corp. ($SMR), an Oregon-based SMR developer, posted Q1 financial results on Thursday, highlighting the company’s continued struggles following losses in 2023.
Rolls-Royce has reversed course on its plan to construct at least one nuclear facility in the UK, citing ongoing delays in a government design competition for its SMR program. The initial proposal included two factories, but the company is scrapping plans for a pressure vessel manufacturing facility due to time constraints. Rolls-Royce will now procure […]
