Nuclear

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Cameco, Brookfield Involved in $80 Billion U.S. Nuclear Reactor Deal

U.S. power consumption from data centres is set to double by 2035 By Rachel Morison The U.S. government agreed a US$80 billion deal with Westinghouse Electric Co. to build nuclear reactors, the latest push to meet rising demand for electricity from artificial intelligence. The strategic partnership — which also involves Brookfield Asset Management and Canadian …

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US to Announce Recipients of Plutonium for Reactors by Year-End

By Timothy Gardner US plans to make weapons-grade plutonium available US expects to begin saying who gets material by Dec. 31 Nuclear safety experts concerned about proliferation Previous US plutonium MOX fuel effort failed WASHINGTON, Oct 22 (Reuters) – The U.S. Department of Energy expects to begin announcing by December 31 which companies will take …

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Nuclear Power at Heart of New Japan PM’s Energy Policy

Japan’s new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power to tackle inflation, a source of public discontent, with reactor restarts key to reducing costly fuel imports. Takaichi has appointed Ryosei Akazawa, who was Japan’s point person in its recent tariff deal with the U.S., as trade and …

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Texas Oil Men Catch the Buzz About New Nuclear Technology

There’s a rush toward small next-generation reactors as a way to satisfy booming power demand. By Will Wade Country music was playing during lunch as conference attendees wearing cowboy boots talked energy. But the chatter wasn’t about oil — all the buzz was for “electrons.” This year’s Texas Nuclear Summit in Austin experienced a jump …

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JPMorgan Says US Risks Missing Energy Goals Without Wind, Solar

By Alastair Marsh and Will Mathis The US will struggle to generate the energy it needs to power growth in its tech industry without including wind and solar, according to JPMorgan Chase & Co.’s global head of sustainable solutions. “It’s difficult to conceive of a situation in which they won’t need to tap into those …

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US to See $350 Billion Nuclear Boom to Power AI, Report Says

Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050, according to Bloomberg Intelligence. The key driver is power-hungry data centers running artificial intelligence systems, and that investment will add 53 gigawatts of reactor capacity, bringing the total nuclear fleet to 159 …

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PERSPECTIVE: Can Small Nuclear Reactors Help Power the AI Boom and Fight Climate Change?

Much of the world had been turning away from traditional nuclear power in recent decades. Aging plants, high construction costs, security risks and radioactive-waste challenges caused policymakers and the public to question the economics of atomic energy. Interest in the technology has only recently been revived amid pressure to hit climate goals and meet surging …

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Global Nuclear Projects Seen Slowing after Record 2024 Output

(Reuters) – A record level of global nuclear power production seen in 2024 will be hard to maintain in the coming years due to a lack of required investment, aging plants and project disruptions, the World Nuclear Industry Status Report said on Monday. Nuclear power has experienced a revival in interest from various countries trying to phase …

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Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says

 The Trump administration is more willing to support loan guarantees and tax breaks for nuclear power than for wind and solar because it is “more American” than those forms of energy, the director of the U.S. Energy Dominance Council said on Thursday. Jarrod Agen said nuclear power is more likely to be made from U.S.-made …

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Charted: The Shift in Global Energy Investment (2015-2025)

By Dorothy Neufeld Key Takeaways In 2025, global renewable energy investment is projected to hit $780 billion, outpacing oil investment by $237 billion. Over the past decade, investment in renewables has surged 109%. Global energy investment has shifted dramatically in the last decade. As the world transitions to cleaner sources, capital is flowing into technologies …

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