US regulators have green-lit a Small Modular Nuclear Reactor design in a water-shed moment for the nuclear power industry. US Energy Department approved the first ever small modular nuclear design for construction last week for NuScale, who hope their reactor will be in operation by 2030 in Idaho. The nuclear […]
Read Time : 2Minutes
Historic $369 Billion for Climate Action Passes US Senate in Huge Victory for Democrats
After a marathon session and months of deal making and debate, the United States Senate passed the historic ‘Inflation Reduction Act’ – a sprawling bill aimed to bring down costs of medicines and energy – including a huge $369bn for climate change initiatives. This is the largest such direct investment […]
Read Time : 1Minutes
UK to build Rolls-Royce mini nuclear reactors
The British government will roll out investment in Rolls-Royce mini nuclear reactors in the coming years, to help meet ambitious climate goals. A consortium of investors has backed a Rolls-Royce fund for the mini reactor project, that will be matched by the UK taxpayer. So far Rolls-Royce had raised £210m […]