The International Atomic Energy Agency has raised its forecast of nuclear energy capacity growth, with its high case scenario projecting a 2.5-times increase from 372 GWe in 2023 to 950 GWe by 2050.

Artificial intelligence, large industrial energy intensive users, and electrification are driving a new market dynamic for more power - and it must also be clean, dependable and affordable. Panellists at World Nuclear Symposium 2024 looked at new business models that can help nuclear to meet new types of end-user needs.

The signature of a protocol by UzAtom's Directorate for Construction of a Nuclear Power Plant and JSC Atomstroyexport - the engineering division of Russia's Rosatom - means work can begin at the site of Uzbekistan's first nuclear power plant.

South Korea's Nuclear Safety and Security Commission has issued a licence to Korea Hydro & Nuclear Power for the construction of units 3 and 4 of the Shin Hanul nuclear power plant.

The uppermost sections of the steel containment vessels of two nuclear power reactors under construction in China - Sanmen unit 3 in Zhejiang province and Haiyang unit 3 in Shandong province - have been installed, China National Nuclear Corporation announced.

The Swedish government is proposing investments of over SEK1 billion (USD97 million) in 2025 to expand fossil-free electricity production. This includes an expanded investment in pilot and demonstration projects in the area of nuclear power and in streamlining the permitting process for new reactors.

Westinghouse Electric Company of the USA and Hyundai Engineering & Construction of South Korea have signed a teaming agreement to pursue AP1000 technology opportunities in Sweden and Finland.

There is the potential to install 60 to 95 GW of new nuclear generating capacity at existing and recently retired US nuclear power plant sites, according to new preliminary analysis from the Department of Energy.

GE Hitachi Nuclear Energy has signed memorandums of understanding with Aecon, AtkinsRéalis, Jacobs and Laing O'Rourke as part of its preparations in the UK's on-going small modular reactor selection contest.

The nuclear supply chain will need to expand and innovate in order to facilitate the tripling of nuclear capacity by 2050, panellists agreed during a session at World Nuclear Symposium 2024. However, they said an environment needs to be created where companies are confident about investing in the sector.

Microsoft sees nuclear in the same vein as renewables for helping it to meet its clean energy goals - but currently has no intention of directly investing in its own nuclear power plants, the company's Director of Nuclear and Energy Innovation Todd Noe told World Nuclear Symposium 2024.

World Nuclear Association Director General Sama Bilbao y León says the annual gathering of the nuclear sector showed the clear opportunities for the industry.