Related Topic: Finance

EU taxonomy: Trade unions urge MEPs not to oppose plan

EU taxonomy: Trade unions urge MEPs not to oppose plan

The 20 unions representing Belgian, Bulgarian, Czech, Finnish, French, Hungarian, Lithuanian, Romanian, Slovakian and Slovenian energy workers say the inclusion of nuclear and gas in the EU taxonomy is vital for tackling climate change and increasing energy independence.

Nuclear Policies 25 May 2022


UK parliament committee reviews AGR decommissioning funding

UK parliament committee reviews AGR decommissioning funding

The terms of the 2009 sale of seven advanced gas-cooled reactor nuclear power plants to EDF Energy "placed a disproportionate amount of risk for meeting future decommissioning costs on the taxpayer," the UK House of Commons Public Accounts Committee said in a report published on 20 May.

Waste & Recycling 23 May 2022


Nucleoeléctrica Argentina director defends Atucha 3 deal

Nucleoeléctrica Argentina director defends Atucha 3 deal

Alejandro Estevez says Nucleoeléctrica Argentina is "taking the appropriate steps to be able to move forward with this project" in response to comments from former Undersecretary of Nuclear Energy Julián Gadano.

New Nuclear 23 May 2022


UK launches funding to encourage nuclear new build

UK launches funding to encourage nuclear new build

The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate competition in the industry and unlock investment across the UK. The Future Nuclear Enabling Fund will help to realise the government's ambition to approve eight new reactors by 2030.

Nuclear Policies 13 May 2022


US steel giant invests in NuScale

US steel giant invests in NuScale

Nucor Corporation has committed to a USD15 million private investment in public equity (PIPE) in small modular reactor developer NuScale Power. The investment increases total committed PIPE investment to USD236 million.

Corporate 06 April 2022


Japanese bank buys into NuScale

Japanese bank buys into NuScale

The Japan Bank for International Cooperation has made a strategic investment of USD110 million in NuScale Power of the USA through a purchase of equity from Fluor Corporation, who remains the majority owner in NuScale. NuScale said the investment represents an expansion in US-Japanese cooperation to progress the deployment of advanced nuclear energy technology.

Corporate 04 April 2022


House of Lords considers UK nuclear financing plan

House of Lords considers UK nuclear financing plan

The proposed changes to the funding model for new nuclear cleared their first hurdle, as members of the UK parliament's second chamber debated the Nuclear Energy (Financing) Bill for the first time.

Nuclear Policies 23 February 2022


France's EDF plans EUR2.5 billion rights issue

France's EDF plans EUR2.5 billion rights issue

The state-controlled nuclear giant EDF says it is to raise EUR2.5 billion (USD2.8 billion) to help cover the costs of measures imposed to limit French energy bills and a projected fall in nuclear output.

Corporate 18 February 2022


Funding for demonstration Swedish SMR

Funding for demonstration Swedish SMR

The Swedish Energy Agency has awarded Swedish Modular Reactors AB - a joint venture between Uniper Sweden and LeadCold - funding of just over SEK99 million (USD10.6 million) in support of the construction of a demonstration LeadCold SEALER lead-cooled small modular reactor at the Oskarshamn plant site.

New Nuclear 15 February 2022


A guide to the EU's 'green' taxonomy - and nuclear's place in it

A guide to the EU's 'green' taxonomy - and nuclear's place in it

The European Union wants to encourage investment in "sustainable" activities to help it get to net-zero by 2050.

Energy & Environment 10 February 2022