US Nuclearโs Low-Hanging Fruit Is Being Gobbled Up
Upgrading existing reactors offers a faster path to more nuclear power, but the available capacity is quickly running out.
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Upgrading existing reactors offers a faster path to more nuclear power, but the available capacity is quickly running out.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Jess Menton. (Source: Bloomberg)
Polish billionaire Michal Solowow wants his nuclear-energy company SGE SA to pursue a stock-market listing in 2028 after completing two equity rounds to kickstart the development of small modular reactors.
US President Donald Trump has announced US$200 billion in energy investments from South Korea, including US$54 billion towards a long-discussed liquefied natural gas project in Alaska and more than US$100 billion in planned longer-term nuclear power investments. Besides the Alaska LNG project and pipeline and the nuclear plants, the Trump administration announced a US$22.3 billion natural gas-fired power project in Texas that would be supported by Seoul. โThe colossal package of investments we...
Italyโs Senate on Wednesday gave final approval to legislation paving the way for a return to nuclear power nearly four decades after the Chernobyl disaster prompted the country to abandon atomic energy. The measure cleared the upper house 81-51 with seven abstentions. It marks a major step in Premier Giorgia Meloniโs drive to bolster energy security and meet climate goals, even though the construction of possible new reactors is still years away. The bill, which earlier passed the lower Chamber...
North Korea could be using missile tests to take its denuclearisation off the US-China summit agenda and drive home its demands for recognition as a nuclear power as a prerequisite for talks with Washington, according to analysts. On Sunday, North Korea fired two short-range ballistic missiles towards the Sea of Japan, or East Sea, which, according to South Koreaโs joint chiefs of staff, were detected three hours apart, with the first flying about 450km (280 miles), while the second travelled...