Factors including project cost uncertainties and the long and expensive development process for nuclear energy projects have meant that financial commitments to US advanced nuclear power projects have been slow in coming - but the private and public sector can work together to overcome this, according to a new report from a US think-tank.

South Korea could construct up to three large new nuclear power reactors as well as a small modular reactor by 2038, according to a draft long-term energy plan released by the country's Ministry of Trade, Industry and Energy.

The US Administration announced the formation of a new working group to look at ways to reduce nuclear construction project risks, a programme to deploy advanced reactors to power multiple military sites in the USA and the release of a new primer on the enhanced safety of advanced nuclear reactors.

Belarusian Energy Minister Viktor Karankevich and Hungarian Foreign Minister Peter Szijjarto have held talks and agreed on the next steps in cooperation over their nuclear energy plants.

The act prohibiting the importation into the USA of unirradiated, low-enriched uranium that is produced in the Russian Federation or by a Russian entity has been signed into law by President Joe Biden.
 

A memorandum of understanding on the peaceful uses of nuclear energy has been signed by the China Atomic Energy Authority and Hungary's Ministry of Foreign Affairs.

Members of Estonia's parliament, the Riigikogu, have submitted the draft resolution which will allow preparations to begin for the adoption of nuclear energy in the country and the creation of a suitable legislative and regulatory framework.

China's CGN and France's EDF have signed a Letter of Intent on deepening and expanding cooperation on nuclear energy - it came as President Emmanuel Macron hosted a visit to France by Chinese President Xi Jinping.

International Atomic Energy Agency Director General Rafael Mariano Grossi said he has proposed a set of "concrete practical measures" to revitalise the agency's 2023 Joint Statement with Iran during a visit to the country this week.
 

The public and political perception of nuclear energy has significantly improved over the past few years, speakers agreed in a panel session during the recent World Energy Congress 2024.

The governments of the Canadian provinces of Alberta and Saskatchewan have signed a memorandum of understanding to advance the development of nuclear power generation in support of both provinces' need for affordable, reliable and sustainable electricity grids by 2050.

The US Department of Energy's National Nuclear Security Administration has signed bilateral agreements with Japan and South Korea to cooperate in optimising the nuclear non-proliferation features of their respective research reactor models aimed at export markets.