Page 3 - Nuclear Power

World Bank lifts ban on nuclear power, considers upstream gas projects

Meeting rising power demand is 'one of the most urgent and complex development challenges we face,' the bank's president, Ajay Banga said

Meta becomes latest big tech company turning to nuclear power for AI needs

Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed. Constellation's Clinton Clean Energy Centre was actually slated to close in 2017 after years of financial losses but was saved by legislation in Illinois establishing a zero-emission credit program to support the plant into 2027. The Meta-Constellation deal takes effect in June of 2027, when the state's taxpayer funded zero-emission credit programme expires. With the arrival of Meta, Clinton's clean energy output will expand by 30 megawatts, preserve 1,100 local jobs and bring in $13.5 million in annual tax revenue, according to the companies. Secur

China's nuclear power surge: 10 new reactors approved, $27 bn investment

China greenlights 10 new nuclear reactors with a $27 billion investment, driving rapid growth in clean energy. With 30 reactors under construction, it's on track to surpass the US by 2030

Big Tech's soaring energy demands make coal power plants more attractive

Coal-fired power plants, long an increasingly money-losing proposition in the US, are becoming more valuable now that the suddenly strong demand for electricity to run Big Tech's cloud computing and artificial intelligence applications has set off a full-on sprint to find new energy sources. President Donald Trump who has pushed for US energy dominance in the global market and suggested that coal can help meet surging power demand is wielding his emergency authority to entice utilities to keep older coal-fired plants online and producing electricity. While some utilities were already delaying the retirement of coal-fired plants, the scores of coal-fired plants that have been shut down the past couple years or will be shut down in the next couple years are the object of growing interest from tech companies, venture capitalists, states and others competing for electricity. That's because they have a very attractive quality: high-voltage lines connecting to the electricity grid tha

Govt likely to ease nuclear liability laws to attract foreign firms

India may be revisiting the law that was largely influenced by the Bhopal Gas Tragedy, to encourage US investment

NTPC seeks interest from global companies for nuclear power plant tech

According to the company, the move is aligned with the national objective of self-reliance in nuclear technology and localisation of the nuclear power plant supply chain

NTPC to invest $62 bn in 30 GW nuclear power expansion over 20 years

NTPC was targeting 10 GW of nuclear capacity but tripled the goal after the government this month announced plans to open up the sector to foreign and private investment

Natural gas, nuclear energy get renewed push from Trump-Modi trade talks

In a joint statement, PM Narendra Modi and US President Donald Trump reaffirmed their commitment to increase energy trade

NTPC eyes expansion, in talks with foreign firms for nuclear buildout

Prime Minister Narendra Modi's government is seeking to revive interest in India's nuclear power potential, promising easier regulations for suppliers and more than $2 billion of public resources

Govt's U-turn on amending CNLD Act aimed at appeasing foreign firms: Cong

The Congress on Monday alleged that the Modi government's announcement that it will amend the Civil Liability for Nuclear Damage Act 2010 was a "U-turn" aimed at appeasing French and American companies since Prime Minister Narendra Modi is travelling to these two countries over the next four days. Congress general secretary in-charge communications Jairam Ramesh recalled that on February 8, 2015, the Ministry of External Affairs issued a booklet called 'Frequently Asked Questions and Answers on Civil Liability for Nuclear Damage Act 2010 and related issues'. "Q3 said the following: 'Has India agreed to amend its Civil Liability for Nuclear Damage Act of 2010 (CNLD Act 2010) and the CNLD Rules of 2011? If not now, would they be amended in the future?' The Answer given to this Question by the Modi Govt then was the following: 'There is no proposal to amend the Act or the Rules.'," Ramesh said on X. On February 1, 2025, the Finance Minister in her Budget speech announced that this Act

North Korea's Kim Jong slams US-South Korea-Japan security partnership

North Korean leader Kim Jong Un said an elevated US security partnership with South Korea and Japan poses a grave threat to his country and vowed to further bolster his nuclear weapons program, state media reported Sunday. Kim has previously made similar warnings, but his latest statement implies again that the North Korean leader won't likely embrace President Donald Trump's overture to meet him and revive diplomacy anytime soon. In a speech marking the 77th founding anniversary of the Korean People's Army on Saturday, Kim said the US-Japan-South Korea trilateral security partnership established under a US plot to form a NATO-like regional military bloc is inviting military imbalance on the Korean Peninsula and raising a grave challenge to the security environment of our state, according to the official Korean Central News Agency. Referring to a series of new plans for rapidly bolstering all deterrence including nuclear forces, he clarified once again the unshakable policy of more

Best of BS Opinion: Union Budget 2025 aims to clear multiple hurdles

From nuclear power generation to agri reforms, from a noisy middle class to central bank's moves on interest rates, the government must jump over many obstacles to achieve its objectives

The nuclear option: Budget bets big on nuclear power, but questions remain

Budget bets big on nuclear power but questions remain

Budget push for nuclear energy to cut traditional power dependence: Govt

The focus on nuclear energy in the Budget will strengthen the country's power infrastructure and reduce dependence on conventional sources, Union Minister Manohar Lal said on Saturday. In her budget speech, Union Finance Minister Nirmala Sitharaman made a slew of announcements on segments like taxes, infrastructure and nuclear energy, among others. The vision to develop at least 100 GW of nuclear power by 2047 underscores India's ambitious yet essential transition towards clean energy, the power minister said. The focus on nuclear energy will strengthen the country's power infrastructure and reduce dependence on conventional sources, he said. Welcoming the launch of the Nuclear Energy Mission, the minister said the Rs 20,000 crore allocation for research and development in Small Modular Reactors (SMRs) marks a significant step forward. Operationalising at least five indigenously developed SMRs by 2033 will strengthen the country's energy security and solidify its leadership in ...

Nuclear power startup CCTE wants to harness India's untapped deposits

CCTE seeking approvals for its fuel technology, which pairs the radioactive metal with enriched uranium and can be used in India's locally-made reactors

Human rights activist warns over abduction of nuclear engineers in Pakistan

Additionally, Mirza criticized the lack of an immediate response, such as deploying helicopters to pursue the abductors. He described the security lapse as highly suspicious

Powering ahead: India adding nuclear power faster than global peers

Nuclear power has been in the news with NTPC announcing a partnership with the US-based Clean Core Thorium Energy (CCTE) to develop thorium-based fuel for use in nuclear reactors

Pakistan Atomic Energy Commission gets licence for largest nuclear plant

Pakistan is set to construct its largest nuclear plant for electricity generation after the country's atomic energy regulatory agency issued the licence for it. The Pakistan Nuclear Regulatory Authority (PNRA) issued the licence to build Chashma Nuclear Power Plant Unit 5 (C-5, the largest plant producing electricity through nuclear power with a capacity of 1200 MWe, according to a PNRA press release issued on Thursday. The Pakistan Atomic Energy Commission applied for the licence in April of this year, along with the Preliminary Safety Assessment Report and other documents about the design and operational aspects of nuclear safety, radiation protection, emergency preparedness, waste management, and nuclear security, the Dawn newspaper reported. After a thorough review and assessment of and fulfilment of regulatory requirements in compliance with the relevant national and international standards, the licence was issued, the PNRA press release stated. C-5 is an advanced ...

High-level meeting suggests possibility of nuclear power station in Kerala

Kerala could get a nuclear power station if the state provides land for the purpose, according to a suggestion made during a recent high-level meeting between Union Power Minister Manohar Lal Khattar and State Power Minister K Krishnankutty here. Official sources stated that such a suggestion emerged during discussions about Kerala's demand, mentioned in a memorandum submitted to the union minister, that the thorium deposits in the state should be utilised and that the power generated from them should be provided to Kerala. State Power ministry sources in Kerala told PTI that Kerala did not demand a nuclear power station in the state but only suggested that the union government should make use of the Thorium deposits in Kerala. Khattar, while discussing various demands of Kerala, which is incapable of increasing its domestic power production and depend mostly on the existing hydro-electrical projects and power brought from neighbouring states, said that the union government is open

B'desh launches $5 bn graft probe against Hasina in nuclear plant case

An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling USD 5 billion in the Rooppur nuclear power plant, according to a media report. Indian companies are participating in constructing the Rooppur nuclear power plant which is being built by Rosatom, Russia's state-run corporation, in Bangladesh. The first Bangladeshi nuclear power plant, the Russian-designed Rooppur, is being built 160 km west of the Bangladeshi capital of Dhaka. Along with Hasina, her son, Sajeeb Wazed Joy, and Tulip Siddiq, her niece and the UK's Treasury minister, were also questioned, BDNews reported on Sunday. There are accusations of embezzling USD 5 billion in the Rooppur Nuclear Power Plant project, the report added. The development came two days after the High Court issued a rule asking why the Anti-Corruption Commission's (ACC) inaction over an alleged transfer of USD 5 billion from the ..