Global Climate News

Westinghouse and CORE POWER have formalized a deal to design and develop floating nuclear power plants using eVinci microreactor technology, targeting islands, ports, and coastal communities with 5MW capacity and 8-year operational lifecycle.

Westinghouse Electric Company and CORE POWER have announced a cooperative agreement to develop floating nuclear power plants using Westinghouse's eVinci microreactor technology, capable of 5MW electricity generation without refueling for 8+ years.

FERC reports increased electricity demand from data centers and AI applications. Companies and governments are turning to nuclear power, including SMRs. Texas announced plans to develop advanced nuclear power industry.

DeepGEO and Copenhagen Atomics have signed a collaboration agreement to revolutionize nuclear fuel cycle by combining waste management solutions with next-generation thorium reactor technologies, focusing on spent nuclear fuel reprocessing.

NRC has approved construction permits for Kairos Power's 70-MWth Hermes 2 facility with two 35-MWth molten salt reactors in Oak Ridge, Tennessee. The facility will produce 20 MWe of clean electricity by December 2027.

IAEA has expanded partnerships at COP29 with EBRD and IRENA to boost nuclear energy adoption for climate goals. Nuclear power capacity projected to increase 2.5x to 950GW by 2050 in high-case scenario.

Startup Atomic Canyon has collaborated with Oak Ridge National Laboratory to develop an advanced AI model trained on 53 million pages of Nuclear Regulatory Commission documents, creating a sentence-embedding model that understands complex nuclear terminology. The open-source AI model has been developed within six months using the world's fastest supercomputer Frontier and will be integrated into Neutron, Atomic Canyon's AI search platform.

Multiple companies and countries are developing Small Modular Reactors (SMRs) for clean energy generation. DOE announced $900M funding for SMR deployments. Companies like Microsoft, Google partnered with SMR developers for power supply.

Nuclear industry has seen major developments with IAEA projecting dramatic sectoral revival reaching up to 890 GW by 2050. Multiple countries and companies have announced nuclear projects, including data center partnerships and regulatory reforms.