Page 4 - Nuclear Power

Vistra acquires remaining stake worth $3.25 bn in subsidiary Vistra Vision

Vistra's shares have jumped nearly 137 per cent so far this year

Voyaging into eternity: Nasa switches thrusters of probe 24 billion km away

After travelling over 47 years in space, Nasa's Voyager 1 spacecraft thrusters have reportedly been clogged with silicon dioxide impairing its communication with earth

Pak reviews hydro, nuclear power projects amid energy overcapacity concerns

Pakistan is conducting a review of existing and upcoming power projects, including hydropower and nuclear plants, in response to concerns over energy overcapacity and pricing, which have led to financial strain, including high capacity payments to IPPs for unused power, media reports said on Saturday. Maintaining that the review is aimed at assessing the viability and efficiency of these power projects as the country faces surplus energy production, the need to optimise power generation was stressed to align with current demand and ensure economic sustainability, newspaper The News International said. The development comes amid reports that Pakistan government has reportedly disbursed approximately Rs1 trillion in capacity payments to 26 independent power producers (IPPs) using gas, regasified liquefied natural gas (RLNG), and residual furnace oil-based (RFO) over the past decade, starting from 2015, as per a report by the Business Recorder. The News International quoted Minister fo

Second nuclear-powered missile submarine commissioned into Navy at Vizag

India's second nuclear-powered ballistic missile submarine is expected to be commissioned by Defence Minister Rajnath Singh on Thursday, sources said. The commissioning of INS Arighat is being seen as a step towards boosting India's naval prowess and nuclear deterrence capabilities. India's second nuclear-powered ballistic missile submarine SSBN (Ship, Submersible, Ballistic, Nuclear) is scheduled to be commissioned on Thursday at Visakhapatnam, a sources in the defence establishment said. The defence minister is expected to be present during the commissioning of the submarine, they said. More details are awaited as officials on Thursday remained tight-lipped about the commissioning. India's nuclear-powered ballistic missile submarine (SSBN) programme is a closely guarded project. INS Arihant, India's first home-made nuclear submarine, was launched in July 2009 and was quietly commissioned in 2016. INS Arihant in October 2022 carried out a successful launch of a submarine-launch

India's second 700 MW nuclear power KAPS-4 starts ops at full capacity

India's second home-built 700 MW nuclear power reactor at Kakrapar Atomic Power Station (KAPS) in Gujarat on Wednesday started operating at its full capacity, the plant operator said. The Nuclear Power Corporation of India Limited (NPCIL) said Unit 4 at KAPS had been operating at 90 per cent capacity before raising it to full power of 700 MWe. "The full power operation of KAPS-4 after the smooth operation of its twin unit KAPS-3 at full power demonstrates the strength of the first of a kind indigenous 700 MW Pressurised Heavy Water Reactor (PHWR) design," the NPCIL said. The KAPS-4 unit achieved first criticality on December 17 last year and commenced commercial operations on March 31. The power level of the unit, which commenced commercial operation on March 31, 2024 was raised in line with the permissions of the regulatory authority, the Atomic Energy Regulatory Board (AERB). India is building 14 more 700 MW nuclear power reactors of the same design which are expected to commenc

Megha Engineering bags nuclear power generation deal worth $1.53 bn

BENGALURU (Reuters) - Indian multi-sector infrastructure firm Megha Engineering & Infrastructures (MEIL) won a contract worth 128 billion rupees ($1.53 billion) in a tender floated by the Nuclear Power Corporation of India (NPCIL).

Google, Microsoft want nuclear power but doesn't see role as investor

Building reactors, especially plants using new technologies, comes with high costs and high risk, according to Briana Kobor, head of energy market innovation at Alphabet Inc.'s Google

Global spending on nuclear weapons hits record $91 billion in 2023: Report

Global military spending on nuclear arsenals surged by 33% over the past five years, reaching $91 billion in 2023

Nuclear powers set to continue boosting operational warheads, says report

The number of such warheads rose to 3,904 as Russia continues to threaten its adversaries at the same time as China may have put weapons of mass destruction on high operational alert

Ready to put billions into nuclear power project in Wyoming: Bill Gates

TerraPower LLC, a startup founded by Gates, broke ground for construction of its first commercial reactor last week in Wyoming, where a coal plant is shutting down, he said

India to get next-gen nuclear fuel this summer, says Russian official

A full-scale discussion took place on the perspective areas of the Russian-Indian cooperation in the nuclear field

Constellation Energy beats Q1 profit estimates on nuclear power generation

Constellation, which also generates electricity via other renewable sources - hydro, wind and solar - beat analysts' estimates of $1.38 per share, according to LSEG data

US mining uranium as prices soar and govt pushes for more nuclear power

The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that largely has sat dormant since the 1980s. The work is unfolding as global instability and growing demand drive uranium prices higher. The Biden administration and dozens of other countries have pledged to triple the capacity of nuclear power worldwide in their battle against climate change, ensuring uranium will remain a key commodity for decades as the government offers incentives for developing the next generation of nuclear reactors and new policies take aim at Russia's influence over the supply chain. But as the U.S. pursues its nuclear power potential, environmentalists and Native American leaders remain fearful of the consequences for communities near mining and milling sites in the West and are demanding better regulatory oversight. Producers say uranium production today is different than decades ago when the country was racing to buil

Biden admin to lend $1.5 bn to restart Michigan nuclear power plant

The federal government will provide a USD 1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced on Wednesday. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. But now the emphasis is on restarting it by late 2025, following support from the state of Michigan and the Biden administration. Gov. Gretchen Whitmer said it would be the first nuclear power plant to be reopened in the US. It still faces hurdles, including inspections, testing and the blessing of the US Nuclear Regulatory Commission, known as the NRC. Nuclear power is our single largest source of carbon-free electricity, directly supporting 100,000 jobs across the country and hundreds of thousands more indirectly, said Energy Secretary Jennifer Granholm, a former Michigan governor. The Palisades plant is along Lake Michigan, a two-hour drive from Chicago. A Michigan utility, CMS Energy, owned it from 1971 until the plant was sold to

Treated wastewater discharge at Fukushima nuclear plant is safe: IAEA chief

The head of the UN atomic agency told local Japanese representatives at a meeting in Fukushima on Wednesday that the ongoing discharge of treated radioactive wastewater at the ruined nuclear power plant has met safety standards and that any restrictions on products from the region are not scientific. International Atomic Energy Agency Director-General Rafael Grossi joined local officials and representatives from fishing and business groups and reassured them that the discharges are being carried out with no impact to the environment, water, fish and sediment." Grossi, who arrived in Japan on Tuesday, visited Fukushima for the first time since the release of the treated water began in August. Grossi examined the discharge and sampling facility on Wednesday, escorted by Tomoaki Kobayakawa, president of the plant's operator, Tokyo Electric Power Company Holdings. He last visited the plant in July after issuing an IAEA review predicting only negligible impact from the discharges. An IA

India to add 18 N-power reactors with capacity of 13,800 MWe by 2032: NPCIL

India will add 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32. This was announced by the Nuclear Power Corporation of India Limited (NPCIL) after Prime Minister Narendra Modi dedicated two home-built 700 MW nuclear power reactors at Kakrapar in Gujarat last week. Presently, the NPCIL operates 24 reactors with a total capacity of 8,180 MWe. The prime minister dedicated units 3 & 4 of Kakrapar Atomic Power Station (KAPS 3 & 4) to the nation on February 22. KAPS-4 was connected to the western power grid on February 20, two days ahead of PM Modi's visit to Kakrapar. KAPS 3 & 4 (2 X 700 MW) are the largest indigenous Pressurised Heavy Water Reactors (PHWR) with advanced safety features comparable to the best in the world, the NPCIL said. "These reactors have been designed, constructed, commissioned, and operated by NPCIL, with the supply of ...

RIL, Tata Power among firms in fray for $26-billion nuclear investment

This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation

Japan to resume world's largest nuclear power plant Kashiwazaki-Kariwa

With a capacity of 8,212 megawatts (MW), the plant has been offline since 2012 after the Fukushima disaster a year earlier led to the shutdown of all nuclear power plants in Japan at the time

Climate-friendly power strategy

Nuclear power development must become a major element in India's climate strategy

US approves new kind of nuclear reactor for first time in 50 years

There's growing global interest in accelerating deployment of nuclear power as a key part of the fight to rein in climate change, but that effort has been hampered by a regulatory process