Nuclear

Finnish energy company Fennovoima is terminating the Hanhikivi 1 project that would have seen a nuclear plant constructed in Pyhäjoki on the western Hanhikivi Peninsula in cooperation with Russian nuclear energy giant Rosatom.
  • May 10, 2022
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The nuclear reactor in Somerset is due to come offline in July this year, with government officials stating it is too old to continue energy production, having previously extended its generating life by seven years back in 2016. Instead, the British government is calling on energy providers to keep their coal-fuelled power stations running in order to ensure the UK has a steady supply of energy.
  • May 2, 2022
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French authorities have reported that half of the country's nuclear power plants are now offline for maintenance or defects, at a time of soaring demand for electricity amid the energy crisis in Europe.
  • May 2, 2022
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Paul Stein, Chairperson of Rolls-Royce Small Modular Reactors announced recently that a Rolls-Royce design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029.
  • April 22, 2022
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The US government recently announced that it is launching a €5.5 billion effort to rescue nuclear power plants at risk of closing, given the need to continue nuclear energy as a carbon-free source of power. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operators of nuclear power reactors, the U.S. Department of Energy (DOE) told the media.
  • April 21, 2022
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RAOS Project, the Finnish branch of Russian nuclear power firm Rosatom, will continue with its plan to build the Hanhikivi I nuclear power plant in Finland. The company will develop the 1.2GW plant despite uncertainty over government permits following Russia’s invasion of Ukraine.
  • April 18, 2022
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