Tuesday, June 17, 2025

Nuclear Energy News

US Senate proposes to phase out solar and wind energy tax credits completely by 2028

According to a draft bill circulated Monday, the U.S. Senate Tax Committee proposed a complete phase-out of tax credits for solar and wind power by 2028. However, it extended…

World Bank will end nuclear energy ban, but still debate upstream gas

Ajay Banaga, president of the World Bank, said that its board had agreed to lift a ban on financing nuclear energy projects for developing countries. This is part of an effort…

Nuclear companies and others ask Senate to maintain energy tax credits

Energy companies that represent technologies that provide stable and consistent baseload power urged U.S. Senate leaders on Tuesday to preserve the clean energy tax credit that…

Trump's push to speed up reactor approvals has a profound impact on the U.S. nuclear industry

The U.S. president Donald Trump directed on Friday the independent nuclear regulator of his country to ease rules and speed up approvals for new power plants and reactors. He…

Reports of Trump's executive orders to boost the nuclear industry have led to a surge in stocks

The shares of nuclear power companies soared in premarket trade after a report that U.S. president Donald Trump will sign executive orders to jumpstart this industry as soon as Friday.

What is in the Republican tax plan and spending plan

Republicans in Congress are advancing a sweeping package of budget cuts and spending reductions that would meet President Donald Trump's demands. However, details need to be worked out.

French suppliers tighten up on German demand for higher wind speeds

On Tuesday, the European spot electricity market showed a mixed picture. Germany's supply was boosted by increased wind power production, but French nuclear and renewables were tighter.

Minister: Denmark may lift 40-year-old ban on nuclear energy

Denmark may lift a ban on nuclear energy that dates back 40 years to improve its energy security. This is a major policy shift for a country which has prioritized expanding wind and solar energy.

Minister: Denmark may lift 40-year-old ban on nuclear energy

Denmark may lift a ban on nuclear energy that dates back 40 years to improve its energy security. This is a major policy shift for a country which has prioritized expanding wind and solar energy.

Upgrades to the EU's power grid are needed at a cost of trillions of dollars in order to avoid blackouts similar to those that occurred in Spain

To cope with the increasing demand for electricity, and the growing green energy production in Europe, and to prevent blackouts, trillions of dollars will be needed to invest.

Upgrades to the EU's power grid are needed at a cost of trillions of dollars in order to avoid blackouts similar to those that occurred in Spain

To cope with the increasing demand for electricity, and the growing green energy production in Europe, and to prevent blackouts, trillions of dollars will be needed to invest.

As the election approaches, Australia's richest woman says she wants Trump like reforms

Gina Rinehart, a mining magnate in Australia, is calling on the country to adopt a Donald Trump-style of leadership and cut government spending while increasing defence expenditures and energy security.

Government committee calls for India to accelerate nuclear power projects

According to a meeting of India's Power Ministry advisory committee held on Monday, the country must speed up nuclear project execution, raise awareness about their safety, and create a strong vendor list.

Japan's greenhouse gases emissions drop 4% to a record low in FY23/24

Government data released on Friday showed that Japan's greenhouse gases emissions dropped by 4%, reaching a new record low for the fiscal year ending March 2024. This was due to lower energy consumption…

CERAWEEK - Small nuclear power struggles on the cusp of US electric demand boom

Small modular nuclear reactors are touted by everyone from the U.S. Energy Secretary to Big Tech as the answer to the booming demand for power. However, the technology has struggled…

Due to Germany's increased solar output and weak demand, the price is slightly lower.

The European spot price for electricity was slightly lower on Friday as the main market Germany experienced higher solar intensity, a weaker demand and decreased gas-burning supply.

South Korea and Vietnam boost their economic ties despite looming US trade tariffs

South Korea and Vietnam have agreed to expand their economic cooperation following a ministerial meet on Monday. This comes at a time of great urgency for both countries to reduce the impact of possible U.S.

Chilean regulator approves Codelco and SQM joint venture

Codelco announced in a Thursday statement that Chile's competition regulator had approved the deal between Codelco and SQM, the state-run copper company, to create a joint venture…

Albanese, an Australian company, has pledged A$2.3 billion in order to assist homeowners with solar batteries

The Australian Prime Minister Anthony Albanese pledged A$2.3billion ($1.39billion) on Sunday to help homeowners purchase batteries to store solar energy and reduce their energy costs.

The head of Trump's Energy Loan Office departs this week

The U.S. Department of Energy announced on Tuesday that the head of the U.S. Government's Energy Loans Office, which has provided funding to projects ranging from nuclear power…

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