Blykalla, the Swedish developer of lead-cooled reactors and a Nucleation portfolio company, and Norway’s Norsk Kjernekraft have agreed to launch a joint venture to develop an SMR power plants on the Norwegian Artic archipelago of Svalbard.
Germany has dropped its long-held opposition to nuclear power, in the first concrete sign of rapprochement with France by Berlin’s new government led by conservative Chancellor Friedrich Merz. Berlin has signalled to Paris it will no longer block French efforts to ensure nuclear power is treated on par with renewable energy in EU legislation, according to French and German officials.
Published by Valerie Gardner in Advanced Nuclear, Advanced Nuclear Customers, Carbon emissions, Energy transition, Fission, Future of Energy, Government support, History-making, INTERNATIONAL NEWS, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear innovation, Politicians supporting nuclear, Solving climate
Belgium officially abandoned plans to phase out nuclear power, with its parliament voting to scrap a two-decade-old pledge, allowing for the construction of new reactors. Lawmakers in Brussels backed the new conservative-led government's plan to revive the country's nuclear industry with 102 votes in favor, eight against and 31 abstentions.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Carbon emissions, Energy transition, Fission, Future of Energy, Government support, History-making, INTERNATIONAL NEWS, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear innovation, Politicians supporting nuclear, Solving climate
GE Vernova Hitachi Nuclear Energy (GVH) announced today approval from the Province of Ontario and Ontario Power Generation (OPG) to proceed with deployment of the first small modular reactor (SMR) in the Western world at the Darlington nuclear site in Ontario, Canada. This milestone marks a significant step forward in advancing nuclear innovation and reinforces GVH’s leadership position in scaling SMRs commercially.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Carbon emissions, Energy transition, Fission, Future of Energy, History-making, INTERNATIONAL NEWS, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Private companies, Public companies, Solving climate
SHINE Technologies, a Nucleation portfolio venture and next-generation fusion company, today announced a strategic partnership with Sumitomo Corporation of Americas (SCOA), a leading global trading and investment company. The partnership, formalized through a Memorandum of Understanding (MOU), will explore and develop pathways for SCOA to promote and distribute SHINE's innovative products and services throughout Japan and other Asian markets.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Fusion, International Collaboration, INTERNATIONAL NEWS, Medical Isotopes, Neutron services, NEWS, Nuclear waste, Portfolio Venture, Private companies
Friedrich Merz, head of the newly elected winning German coalition, proposes a fundamental shift in energy policy by rethinking Germany's nuclear approach and initiating a major expansion of thermal energy facilities.
Published by Valerie Gardner in Brilliant thinkers, Carbon emissions, Climate change, Climate policy, Energy transition, Fission, Future of Energy, Government support, History-making, INTERNATIONAL NEWS, International support for nuclear, LINKS, Politicians supporting nuclear, Regulatory reform, Zero emission energy
Swedish nuclear energy company Blykalla, a Nucleation portfolio company, and Norway’s Norsk Kjernekraft have signed a memorandum of understanding (MOU) to collaborate on the possible deployment of Blykalla’s SEALER reactor design in Scandinavia.
Published by Valerie Gardner in Advanced Nuclear, Advanced Nuclear Customers, Climate policy, Energy abundance, Fission, Future of Energy, International Collaboration, INTERNATIONAL NEWS, NEWS, Portfolio Venture
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