Spain, Portugal, and Luxembourg press for 2040 EU Renewable Energy Target
In a letter that was seen on Tuesday by, Spain, Portugal, and Luxembourg urged the European Union (EU) to set a target for 2040 to expand renewable energy. This has led to a…
EIB invests in first modular nuclear reactor
On?Tuesday it announced that the European Investment Bank was making its first investments?into small modular nuclear reactors as Europe raced to develop the next generation of nuclear energy technologies.
South Korea's electricity demand is set to rise on the back of AI boom, as nation considers expanding nuclear energy
According to the energy minister, South Korea's demand for 'power' in the future will surge due to plans by Samsung Electronics and SK Hynix of expanding production 'and building new AI data centers'.
India is urged to review green financing rules and build workforce for nuclear expansion
India must'review its financing rules' and 'develop a better talent pipeline to reach its ambitious goal of increasing?nuclear energy capacity to 100 Gigawatts by 2047. Abhay…
Trump warns that any country supporting Iran will face economic consequences
Donald Trump, the U.S. president, warned that any country providing "any kind of lifeline" to Iran would be subject to economic sanctions. The United States is trying to end…
India opens its nuclear sector to proven technology from abroad
India proposed on Friday a 'tightly supervised approval regime' for private nuclear energy generation. This would open the door to proven foreign reactor technologies. The draft…
The weekend reads: Fed rethinking, EV race and yen rescue
Want to be inspired? Every Friday, Weekend Reads highlights what the Open Interest team has been watching, listening to, and reading. This week, we've selected articles on the Federal Reserve's monetary policy…
Urenco CEO: EU's unclear position on Russian nuclear fuel is holding back investment
Urenco CEO says that uncertainty over the European Union's decision to ban Russian nuclear fuel has slowed investment in the uranium industry of 'Europe.' The bloc is yet to…
South Korea announces its future technology projects and targets a moon landing by 2030
South Korea unveiled a 'ambitious' technology strategy on Wednesday, centered on seven projects ranging from quantum computing and nuclear energy to biotechnology and space.
Seoul: South Korea will begin importing Argentine crude oil in 2027
A senior official of the South Korean government said that South Korea will begin to import crude oil from Argentina in 2019. This is part of Seoul's efforts to diversify its energy supply beyond the Middle East.
Heat-related problems are exacerbated by the closure of a French gas plant
The high temperatures of the Mediterranean Sea impacted on cooling water availability, putting further pressure on a system that already faces reduced nuclear output. Early…
AtkinsRealis, a Canadian company, believes that Turkey's early assessment of its nuclear capabilities will be complete after the summer
AtkinsRealis, Canada's nuclear company, believes that Turkey will?complete an early review?of its CANDU-based reactors after an information exchange this summer. This could?lead?to?concrete…
Adani wants to be a major player in India’s nuclear sector by 2035, with a target of 10 GW
The Adani Group announced its plans to become a major player within 'India's nuclear energy' on Wednesday. It said it would 'build' up to 10 gigawatts by 2035, making it India's largest private sector operator.
Studsvik wants state support for building 1,400 MW of nuclear power in Sweden
The Swedish government is promoting nuclear energy to ensure the security of the supply of the country. The centre-right Government has made a range of offers, including loans…
Nikkei reports that Malaysia will promise Japan the maximum possible LNG and naphtha supply.
The Nikkei reported that the Malaysian Prime Minister would agree to supply a large amount of liquefied gas and naphtha to Japan as Tokyo seeks to diversify its energy and petrochemical sources.
Report shows that US energy storage added in the first quarter hit a record.
A report on Thursday showed that U.S. energy developers installed 9,7 gigawatt hours of new capacity during the first quarter of 2026. This was a record-high quarter. The Solar…
Bloomberg News reports that Microsoft may abandon its 2030 clean energy goal as AI increases power consumption.
Bloomberg 'News' reported on Wednesday that Microsoft may delay or abandon its 2030 goal to match its hourly electricity consumption with renewable energy. The report was based on people familiar with the matter.
UN Climate chief: Iran war supercharges clean energy transition
U.N. Climate Secretary?Said Thursday that the Iran war has "supercharged" the global shift to'renewable energy' as countries scramble to lower their exposure to volatile oil markets. The U.S.
X-Energy, a developer of nuclear reactors, aims for a valuation of $7.5 billion in its US IPO
X-Energy, backed by Amazon, said Wednesday that it aimed to achieve a valuation?of up to $7.51billion in its initial IPO?in the?United?States. The Maryland-based nuclear reactor…
Japan's greenhouse gases emissions dropped to a record low in FY2024
Government data released on Tuesday showed that Japan's greenhouse gases emissions decreased by 1.9% in fiscal 2024 (which ended March 2025). This is the third consecutive annual…