The US State Department's Project Phoenix aims to help countries transition from coal to small modular reactors. Slovenia had applied to take part, and has now announced that it has been selected to receive advisory and technical services as part of the programme.

The Czech government has decided to change its tender for new nuclear to binding offers for up to four, rather than one, reactors - and said that it is inviting bids from France's EDF and South Korea's KHNP. The third bidder, Westinghouse, is currently not being included because it "did not meet the necessary conditions".

The GBP1.3 billion (USD1.65 billion) of government funding will be used for necessary infrastructure work such as roads and rail lines and allows construction work to continue pending a final investment decision on the proposed plant.

The US Administration has signed the credit award and payment agreement finalising the USD1.1 billion in credit payments awarded under the Civil Nuclear Credit programme to help keep the Diablo Canyon nuclear power plant in operation.

The White House says its tax credit incentive stands to be the most consequential policy supporting the deployment of clean hydrogen in US history - but stipulations that would make credits available only to the newest clean electricity generating units would exclude most of the US nuclear fleet.

EDF Energy has announced it will invest a further GBP1.3 billion (USD1.7 billion) in the UK's five operating nuclear power plants over the next two years and plans to further extend the lives of the four operating Advanced Gas-cooled Reactor plants.

Small modular reactor developer NuScale Power Corporation has announced measures, including the loss of 154 employees, which it says will save USD50-60 million a year and "better position itself commercially, financially, and strategically".

The UK government has announced it will invest GBP300 million (USD381 million) to launch a high-assay low-enriched uranium programme, making the UK the first country in Europe to launch such a nuclear fuel programme.

Romania's Nuclearelectrica has secured a loan agreement of EUR145 million (USD159 million) with the European Investment Bank towards the completion of what will be Europe's first Tritium Removal Facility, at the Cernavoda nuclear power plant.

The United Kingdom Atomic Energy Authority has awarded 10 contracts worth a total GBP11.6 million (USD14.6 million) to nine organisations to develop their innovative technologies for fusion energy.

The US Department of State and US Export-Import Bank have announced a suite of financial tools to support the deployment of advanced nuclear energy systems to help reach net-zero goals. They also announced plans to mobilise more than USD4.2 billion of investment in enrichment and conversion capacity through the five-nation Sapporo 5 collaboration.
 

The Nuclear Fuel Report, financing, recruitment, plant life optimisation and the Net Zero Nuclear launch all feature in this round-up of the high-level panel discussions held at the industry's global gathering in London.