Report sizes up nuclear new-build financing from five top exporters

August 31, 2022, 12:00PMNuclear News

As energy security and environmental concerns prompt some countries to increase their reliance on nuclear energy or become first-time adopters of the technology, the U.S. government must decide whether it will offer financing for reactor exports—a move that poses financial risks but could create jobs, address global climate and energy security challenges, and limit Chinese and Russian influence. A new report released on August 25 by the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, Comparing Government Financing of Reactor Exports: Considerations for U.S. Policy Makers, digs into the history of nuclear reactor financing and delivers recommendations for U.S. policymakers.

Matt Bowen, research scholar at the center and the report’s lead author, told Nuclear News, “Given how important financing is to countries considering new reactor construction, as well as the competition that U.S. vendors face from foreign state-owned entities, Congress and the White House should both focus attention on the issue, including policy options to increase U.S. competitiveness.”

Accusations and dire warnings swirl over Zaporizhzhia nuclear plant

August 15, 2022, 12:00PMANS Nuclear Cafe
Rafael Mariano Grossi, the IAEA's director general, addresses the UN Security Council via video link on August 11. (Photo: IAEA)

Contradictory accusations concerning the artillery shelling of the Zaporizhzhia nuclear power plant in war-torn Ukraine continue to be made by the Ukrainians and Russians. Both sides have acknowledged several hits on the facility, including 10 artillery strikes on the plant’s administrative office and fire station on August 11. As the two countries blame each other for the attacks, independent authorities have been unable to verify the opposing claims.

Meanwhile, at a meeting of the UN Security Council, Rafael Mariano Grossi, director general of the International Atomic Energy Agency, warned that the situation was in “a serious hour, a grave hour.” UN secretary general António Guterres added that it could “lead to disaster.”

The American Nuclear Society calls for removal of Russian missiles from Ukraine nuclear power plant

August 3, 2022, 7:01AMPress Releases

Statement from American Nuclear Society President Steven Arndt:

"As an organization dedicated to the use of nuclear technology for the societal good, the American Nuclear Society opposes the misuse of nuclear power plants as shields for military operations.

Nuclear development in the West needs new, better financing models

June 30, 2022, 12:03PMANS Nuclear Cafe

The prospects for new nuclear energy construction in the Western world is the subject of a recent The Economist article, “Energy security gives climate-friendly nuclear-power plants a new appeal.” The article also explores the difficulties that EDF Energy has been experiencing in constructing its EPRs in Europe.

Webinar: International isotope supply chain needs coordination, not complacency

June 1, 2022, 9:30AMNuclear News

Accelerators and other new facilities are producing an increasing share of the radioisotopes that were once sourced solely from a handful of research reactors around the globe; demand for alpha-emitters is increasing; and the need for an ensured supply of both radioactive and stable isotopes is now heightened as many countries seek an alternative to Russian isotopes. Those are just a few of the key points that emerged from a recent webinar, “Demand and Supply of Isotopes Around the World: From Diverse Perspectives,” organized by the World Council of Isotopes, along with the Sylvia Fedoruk Canadian Centre for Nuclear Innovation and the University of Saskatchewan, the hosts of the upcoming 11th International Conference on Isotopes (11ICI).

Nuclear economics in a changed world

May 11, 2022, 9:30AMANS NewsCraig Piercy

Craig Piercy

Laurence J. Peter, author of The Peter Principle, said, “An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” By that definition, I guess we are all economists now.

As I write this column, it’s still too early to know exactly how the Russian invasion of Ukraine, and the world’s response to it, will shape the long-term economics of energy production, and specifically the economics of nuclear energy. But we can make a few logical guesses.

First, I think we will see a stronger security “overlay” to every energy policy decision we make in the next few years. Energy security is a potent motivator. France’s decision to go nuclear wasn’t a decarbonization play; it was a direct result of the Arab oil embargo of 1973, when most of its electricity was generated by oil-fired power plants.

American and European nuclear societies issue joint statement denouncing attacks on Ukraine's nuclear facilities and misinformation

April 5, 2022, 11:48AMPress Releases

The European Nuclear Society (ENS) and the American Nuclear Society (ANS) issued a joint statement expressing support for their Ukrainian colleagues and the International Atomic Energy Agency in ensuring the continued safe operation of Ukraine's nuclear power plants and facilities, amid Russia's ongoing invasion of Ukraine.

Europe’s confused climate strategy

March 18, 2022, 3:55PMNuclear NewsMatthew L. Wald

Europeans are taking resolute steps to reduce their output of climate-changing gases, but some countries are moving in the wrong direction.

Many countries are adding solar and wind, which are low-carbon energy sources. Some have moved to biomass, the value of which as a climate cure is not clear. A few are adding reactors, while others are defining nuclear as dirty energy and natural gas as “clean” and are changing their generation mix accordingly.

ANS webinar looked at building domestic HALEU production capacity

March 16, 2022, 12:00PMANS News

The United States must ramp up the domestic production of high-assay low-enriched uranium (HALEU), the panelists agreed during a March 11 members-only webinar held amid heightened concerns about energy security following Russia’s invasion of Ukraine, and the day after Congress approved $45 million for the HALEU Availability Program for fiscal year 2022.

John Starkey, ANS director of public policy, moderated the webinar, which featured panelists Scott Kopple, senior director of government relations at BWX Technologies; Everett Redmond, senior technical advisor at the Nuclear Energy Institute; Benjamin Reinke, senior director of corporate strategy and advisor to the CEO at X-energy; Patrick White, project manager at the Nuclear Innovation Alliance (NIA); and Brad Williams, a member of the Senate Energy and Natural Resources Committee staff.

A recording of the webinar is available to ANS members.

Off-site power restored at Chernobyl — before power lines damaged again

March 14, 2022, 8:37AMPress Releases
Energoatom, photo of Rovno (Rivne) NPP. Rivne NPP | Energoatom

External power supplies were restored to the decommissioning Chernobyl facility following repairs of damaged power lines — before being reportedly damaged again, according to Ukraine's transmission system operator Ukrenergo.

Grossi returns from talks with Ukrainian and Russian foreign ministers in Turkey

March 11, 2022, 9:13AMNuclear News
At the press conference, Grossi explained that the IAEA has stopped receiving safeguards information from certain monitoring systems installed at Ukrainian nuclear facilities, as indicated by the red dots.

IAEA director general Rafael Mariano Grossi traveled to Antalya, Turkey, on March 10 to meet with Ukrainian foreign minister Dmytro Kuleba and Russian foreign minister Sergei Lavrov to discuss the safety and security of Ukraine's nuclear facilities. After returning to Vienna, Grossi held a press conference at which he said that a “common denominator” had emerged from the discussions and that both sides agree that something needs to be done. “They are both ready to work and to engage with the IAEA,” he said. “So this is a very important building block.”

Eleven years since Fukushima

March 10, 2022, 12:01PMANS Nuclear Cafe
The Fukushima Daiichi site before the accident.

Today’s #ThrowbackThursday post looks back at some of Nuclear News’s reporting on the Fukushima Daiichi accident, which was initiated 11 years ago tomorrow. The news reporting includes the initial coverage of the event from the pages of Nuclear News in April 2011 and the in-depth coverage of the 2011 ANS Annual Meeting, where special sessions focused on the accident.

Russian invasion taking its toll on Ukrainian nuclear workers

March 8, 2022, 7:00AMNuclear News

The events of the past 12 days are unprecedented and nerve-wracking for the nuclear community. Never before has a nuclear power plant been in a full-scale war zone until the Russian invasion of Ukraine started on February 24. The world watched nervously as Russian troops and heavy equipment rolled through the Chernobyl site and then a week later attacked the Zaporizhzhia nuclear power plant. Russian forces are now less than 50 kilometers from the South Ukraine nuclear power plant.

Support Ukraine’s nuclear community impacted by war

March 1, 2022, 12:17PMANS News

The brave nuclear professionals of Ukraine and their families need support from the international community as they continue to safely operate their country’s nuclear fleet during the Russian invasion. In response to this need, ANS has set up the Ukrainian Nuclear Workers Humanitarian Fund to support the nuclear community in Ukraine.

"We stand in awe of the bravery and resolution displayed by the Ukrainian people,” ANS President Steven Nesbit said. “We need to do what we can to help our fellow nuclear professionals and their families across the globe as they deal with a situation no one should have to face."