Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement. It paves the way for site-specific work on their small modular reactor project at the Temelín nuclear power plant. British Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala have signed a deal to work together to seize SMR export opportunities, […]
US-based bank Citi and Bulgaria have established a partnership to secure funding for the construction of units 7 and 8 at the existing 2,000 MW Kozloduy nuclear power plant. Bulgaria’s Ministry of Energy said minister Zhecho Stankov and his delegation have held final talks in New York with Citi’s management. Following a detailed review and […]
Solar became the EU’s largest source of electricity for the first time in June 2025. National records for both photovoltaics and wind rolled in in May and June, pushing coal to an all-time low. Solar was the largest source of electricity in the European Union for the first time last month, with multiple countries producing […]
Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember said. Many nuclear and other thermal power plants reduced their activity as river water temperature wasn’t low enough for efficient cooling. Intraday price spreads at European power exchanges landed […]
The Slovenian Ministry of Natural Resources and Spatial Planning initiated the development of a spatial plan on the country level for the second unit of nuclear power plant Krško. It invited the public to submit comments and suggestions. The initiative was announced at a press conference last week by representatives of GEN energija, the state-owned […]
After contacts with Russia, Slovenia and China regarding nuclear energy, and the start of cooperation with France, Serbia is expecting to sign an agreement with South Korean state-owned power utility KHNP, involving hydrogen as well. Among the other options are joint activities in the segment of small modular reactors. Like many countries in the Balkans, […]
Greece is going to explore its options for the introduction of nuclear energy, according to Prime Minister Kyriakos Mitsotakis. Speaking during the Energy Transition Summit in Athens, Mitsotakis expanded on his previous statements about nuclear energy and its possible role in the Greek energy mix. “We are ready to join the Nuclear Alliance. This is […]
The European Commission has estimated that EUR 241 billion in investment is needed for the implementation of member states’ plans for nuclear energy until 2050. It includes extending the lifetime of existing power plants and building new large-scale reactors. Additional investment is needed for small modular reactors (SMRs), advanced modular reactors (AMRs), and microreactors, as […]
France’s state-owned power utility Électricité de France (EDF) is investigating apparent corrosion cracks found at a 1.5 GW nuclear reactor in the country’s west, which has been offline for annual maintenance since early April. The potential defect has pushed up electricity prices and raised concerns about energy security. EDF, which manages France’s nuclear fleet of […]
The World Bank has decided to end its 2013 moratorium on financing nuclear energy projects amid growing global electricity demand. The move means the lender would support projects to extend the operating life of existing nuclear power plants and speed up the rollout of small modular reactors (SMRs). The World Bank board’s decision comes at […]