The Olkiluoto nuclear power plant in Finland. (Photo: TVO)
The European Investment Bank recently announced that it is providing €90 million ($103.8 million) in financing to Finnish nuclear power company Teollisuuden Voima Oyj (TVO). The funding is to be used by TVO to support new upgrades and maintenance at the Olkiluoto nuclear power plant.
NN announces the 2025 40 Under 40 honorees
Following the enthusiastic response from the nuclear community in 2024 for the inaugural NN 40 Under 40, the Nuclear News team knew we had to take up the difficult task in 2025 of turning it into an annual event—though there was plenty of uncertainty as to how the community would receive a second iteration this year. That uncertainty was unfounded, clearly, as the tight-knit nuclear community embraced the chance to celebrate its up-and-coming generation of scientists, engineers, and policy makers who are working to grow the influence of this oft-misunderstood technology.
Helical Fusion members celebrate the successful HTS coil test. (Photo: Helical Fusion)
Helical Fusion, a Japan-based fusion start-up that is developing a stellarator fusion power reactor, has announced it has successfully demonstrated its high-temperature superconducting (HTS) coil under relevant magnetic conditions.
A video highlighting the stellarator’s technology testing can be found here.
The Duane Arnold nuclear power plant before its shutdown. (Photo: NextEra)
A day anticipated by many across the nuclear community has finally arrived: NextEra Energy has officially announced its plans to restart Iowa’s only nuclear power plant, the Duane Arnold Energy Center.
JNFL’s Rokkasho uranium enrichment plant. (Photo: JNFL)
President Trump is in Japan today, with a visit with new Prime Minister Sanae Takaichi on the agenda. Takaichi, who took office just last week as Japan’s first female prime minister, has already spoken in favor of nuclear energy and of accelerating the restart of Japan’s long-shuttered power reactors, as Reuters and others have reported. Much of the uranium to power those reactors will be enriched at Japan’s lone enrichment facility—part of Japan Nuclear Fuel Ltd.’s Rokkasho fuel complex—which accepted its first delivery of fresh uranium hexafluoride (UF₆) in 11 years earlier this month.