MODULAR REACTORS
India, react to small, modular nuclear
Bill Gates' TerraPower, founded in 2006, has begun constructing the Natrium micro nuclear reactor in Wyoming. This project represents a new wave of small modular reactors (SMRs), which are being developed globally but currently operational only in China and Russia. SMRs like Natrium aim to provide scalable, standardized nuclear energy solutions that could potentially replace aging coal plants and meet rising energy demands.
China plans to float nuclear reactors in disputed South China Sea, analysts see it 'risky for environment'
China's development of marine nuclear power platforms in the South China Sea raises concerns for regional stability and security. The US warns of the risks posed by China's plans to power disputed islands with floating reactors. Analysts highlight the potential for radiation leaks, weaponization, and security implications in the region.
Myanmar in talks with Russia to build deepsea port & oil refinery upsetting Chinese
The Myanmar junta is keen for Russians to invest in the port project along with a special economic zone including an oil refinery, ET has learnt.
BJP Sankalp Patra: How BJP wants to make India a global hub for renewable energy
BJP's manifesto for 2024 polls focuses on energy independence by 2047, renewable energy expansion, ethanol blending, small modular reactors, and Battery Energy Storage Systems incentives.
IOC in talks with NPCIL for small nuclear reactors
The refiner and fuel retailer is exploring a partnership with state-controlled Nuclear Power Corporation of India Ltd to use small modular reactors, or SMRs, in its refineries for clean power, Alok Sharma, Indian Oil's director for R&D, said at a conference in New Delhi Wednesday.
Clear the decks for safe nuclear power
India is considering allowing private investment in nuclear energy, a key component of its path to decarbonising the energy sector. The government aims to grow nuclear capacity from 7GW to 22GW by 2031-32, but private investment is crucial. Small-modular-reactor (SMR) technologies, with lower costs, land, and time requirements, are expected to become the mainstay of the nuclear energy sector post-2030.
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Myanmar reduces overdependence on China and expands strategic ties with Russia amid fighting with insurgents
In the midst of heightened conflict with different ethnic groups in the states bordering India and China, the Myanmar junta is actively seeking to lessen its reliance on Beijing. Instead, it is broadening its connections with Russia to procure military supplies and develop infrastructure and energy projects.
Small Modular Reactor Nuclear Power Plants can fuel growth in India’s far-flung areas: Russian expert
Dr. Dmitrii Samokhin from the Obninsk Institute for Nuclear Power Engineering highlights the potential of Small Modular Reactor (SMR) Nuclear Power Plants (NPPs) offered by Rosatom, particularly in regions of India where large NPP construction may not be economically feasible or logistically possible due to terrain and infrastructure constraints. The RITM-200 series SMR NPP, based on pressurized water reactor (PWR) technology, has been proven effective and safe in various applications, including nuclear icebreakers.
US, India look to deepen cooperation in nuclear civil power, says US official
Speaking about Indo-US cooperation in a virtual presser on Monday, US Assistant Secretary of State for Energy Resources Geoffrey R Pyatt said, "I for one am quite optimistic as we look to the future that we're going to continue to see deeper cooperation between the United States and India also in the area of civil nuclear power." Pyatt further said there is a shared interest to figure out how the two countries can move forward on the large traditional reactors, which were foreseen as part of the US-India nuclear deal.
India, France in talks for financing mechanism, localisation for Jaitapur n-project
India and France are making progress on civil nuclear cooperation for the Jaitapur nuclear power plant. The financing mechanism and localisation component are being discussed by EDF and NPCIL. The project's first MoU was signed in 2009 with Areva, which went bankrupt. In 2016, a revised MoU was signed between EDF and NPCIL. EDF plans to supply six EPRs for the project. Additionally, discussions are ongoing for small and modular reactors.
PM Modi- Emmanuel Macron summit to focus on fintech
UPI, an instant payments system, introduced by the National Payments Corporation of India (NPCI) in 2016. It has since become a game changer in India's payments ecosystem, easing payments and transfers, and playing a major role in accelerating digital adoption in the country.
Nuclear energy players need to take 90% uranium price spike bill or shut plants
The price of uranium has increased by 90% in 12 months, surpassing its cost in 16 years. Shutting down a nuclear power plant is costly and time-consuming, with daily costs reaching $1 million. However, the demand for uranium is rising due to the need for low-carbon power sources. Countries like France and the UK are reconsidering nuclear energy and expanding capacity. The global uranium supply is facing a deficit, with a shortage of enriched uranium as well. Hedge funds, ETFs, governments, and utilities are all vying for uranium, leading to price increases in the market.
Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde
Highlighting the focus on tangible implementation, Eknath Shinde emphasised the acceleration of growth compared to last year. He said the state's image has been spotlighted as people-oriented with a strong emphasis on industrialisation, skilled manpower, and quick decision-making, the statement said.
Full potential of India-US civil nuclear deal remains untapped: Expert
US President Joe Biden's ambition to finally fructify the 2005 civil nuclear agreement cannot end with the sale of US nuclear reactors to India. Rather, it must extend to revising long-standing US policies that continue to make the existence of India's nuclear weapons programme an insuperable obstacle to deepened technological cooperation, he asserted in an opinion piece published by Carnegie Endowment for International Peace on Monday.
Maritime industry explores nuclear power for ships as technology opens up
The shipping industry contributes about 3% of the global carbon dioxide emissions and the entire industry is facing immense pressure from stakeholders to adapt cleaner fuel solutions.
India working on small modular reactors: Jitendra Singh
India's Science and Technology Minister Jitendra Singh has said the country is working on new technologies to help make the transition to clean energy using Small Modular Reactors (SMRs) which can be factory-built. Compatible with up to 300 MW capacity, SMRs require a smaller footprint and can be factory-built, unlike conventional nuclear reactors that are built onsite.
Kant calls for unfettered access to US nuclear technology to build small modular reactors
India's G20 Sherpa Amitabh Kant on Tuesday called for an "unfettered access" to nuclear technology from the US to build small modular reactors (SMR) in the country. He also said the private sector needs to be allowed into the atomic energy sector to take advantage of the more efficient SMRs. The career bureaucrat-turned-Sherpa said such an access will ultimately lead to manufacturing of SMRs in India and their export also.
NITI Aayog moots blended financing, green bonds for private investment in small modular reactors
NITI Aayog has proposed to the Indian government to use blended financing and green bonds to attract private investment towards setting up small modular reactors (SMRs) to decarbonize the country's energy sector. According to a report jointly prepared by NITI Aayog and the Department of Atomic Energy, SMRs have emerged as a preferred nuclear energy option due to their low inventory, speedy fabrication, fast realization, feasibility at difficult sites, and phased capital expenditure.
Small reactor startups vie to push US into new nuclear era
Although SMR technology has been under development for decades, momentum is picking up due in no small part to the push from the government, and the recent adoption of the Inflation Reduction Act (IRA), which will provide tax credits of up to 30% of investments.
India to fire up nuclear power production in green shift
The thrust will be on small modular nuclear reactors (SMRs) that require less space at capital costs lower than traditional nuclear power plants.
India eyes smaller nuclear reactors for clean energy transition: Union Minister Jitendra Singh
SMRs with up to 300 MW capacity, by nature, are flexible in design and require a smaller footprint, Singh said, adding that being mobile and agile technology, SMRs can be factory-built, unlike the conventional nuclear reactors that are built on-site.
Small nuclear reactors emerge in EU as energy option, but risks loom
France already relies on nuclear power for a majority of its electricity, and Germany kept the option of reactivating two nuclear plants it will shut down at the end of the year as Russia cuts natural gas supplies. While Rolls-Royce SMR and its competitors have signed deals with countries from Britain to Poland to start building the stations, they are many years away from operating and cannot solve the energy crisis now hitting Europe.
India should set up small modular reactors to meet energy demands: Niti member V K Saraswat
"The net-zero targets are expected to be met through a combination of various clean energy sources, including nuclear power. In this context, the present nuclear power capacity of 6,780 MW is planned to be increased to 22,480 MW by 2031 on progressive completion of projects under construction and accorded sanction. More nuclear power reactors are planned in future," Singh had said.
China launches first commercial onshore small reactor project
CNNC originally aimed to start building the project at the Changjiang nuclear reactor complex on the island province of Hainan in 2017, but it has been subject to regulatory delays.
Small nuclear reactors key to sustainable development by ensuring zero emissions: Rosatom
Small modular reactor (SMR) – based nuclear power plants, both floating and onshore, open up a great sustainable development opportunity for the whole world including India.
7 things to know about the world's first, floating nuclear reactor
At Pevek, it will operate as part of a floating nuclear power plant.
US firm Westinghouse to start working on planned nuclear plant in Andhra Pradesh
John Kerry remarked, "Our civil nuclear cooperation will bring affordable clean energy to tens of millions of Indian households as we move closer in the use of safe, modern, latest generation, modular nuclear power."
Indian-American entrepreneur offers fast track mini nuclear reactors to India
Negotiations on mega nuclear power plants with US companies Westinghouse and General Electric are either in doldrums or moving at snail's pace.
India, US set the ball rolling for Westinghouse’s nuclear plants
The issue of the nuclear power plant was among the key items on the agenda for the second round of Strategic and Commercial Dialogue.
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