The government has "only just begun when it comes to our ambitions for new nuclear in the UK", Energy Secretary Ed Miliband told the Nuclear Industry Association's Nuclear 2025 conference in London. He said the government has plans for further reactors - both large and small - and has initiated a search for suitable sites.
 

The US Department of Energy has selected Tennessee Valley Authority and Holtec to each receive USD400 million in federal cost-shared funding to support early deployments of advanced light-water small modular reactors in the USA.
 

The multilateral development bank has amended its energy policy, paving the way for it to support developing member countries that choose to pursue nuclear power.
 

A GBP9.9 million (USD12.9 million) investment from Innovate UK, backed by a further GBP8.9 million from industry, will support a major project to develop cutting-edge new treatments for cancer using lead-212 derived from used nuclear fuel.
 

If global nuclear energy capacity is to at least triple by 2050 there needs to be huge investment - potentially USD250 billion a year for 25 years. So how will it be financed, and what are the opportunities and challenges for financiers wanting to get involved?
 

Swedish state-owned energy company Vattenfall has signed an agreement with the Industrikraft i Sverige AB consortium for joint investment and collaboration that enables the next step in the development of new nuclear generating capacity in Sweden.
 

Brazil's Eletronuclear says an updated study by the National Bank for Economic and Social Development suggests that it could cost more to abandon the Angra 3 nuclear power project than it would cost to complete it.
 

The Sizewell C project to build two of EDF’s EPR reactors on England’s east coast has reached Financial Close, including GBP5 billion (USD6.5 billion) in export credit financing by BpifranceAE as well as debt financing from the UK’s National Wealth Fund.
 

The European Investment Bank has agreed a EUR90 million (USD104 million) loan for updating automation and control systems and steam separators for Finland’s Olkiluoto units I and II.