NS Energy

Since its inception in 1956, Nuclear Engineering International has been an independent technical journal focusing on civil nuclear power and its global supply chains for over 60 years. The publication addresses a wide range of topics, including the front-end fuel cycle, power plant operations, and the processes of decontamination and decommissioning. Beyond technical content, it also explores market trends, economic factors, government policies, and management challenges. Additionally, Nuclear Engineering International keeps its readers informed about upcoming industry events and serves as a media partner for important conferences and exhibitions, creating opportunities for brand collaborations.

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Apollo to provide up to £4.5bn in EDF notes to support nuclear project in UK

5 days ago | nsenergybusiness.com | Aninda Chakraborty

US asset management firm Apollo has agreed to provide up to £4.5bn in funding through bonds issued by Électricité de France (EDF) to support the development of the Hinkley Point C nuclear power station in the UK. In a statement, Apollo said that its affiliates, funds, and strategic accounts would invest in fixed-rate callable notes issued by EDF under €50bn Euro Medium Term Note (EMTN) programme.
Ventyr selects Worley Rosenberg for Sørlige Nordsjø II Offshore Substation Project

1 week ago | nsenergybusiness.com | Aninda Chakraborty

Ventyr has selected Worley Rosenberg as the preferred contractor for the offshore substation development at the Sørlige Nordsjø II wind farm in Norway. The agreement includes an Early Works Agreement focused on design engineering. Sørlige Nordsjø II represents Norway‘s first large-scale offshore wind project. The project, located on the Norwegian continental shelf, is set to feature between 60 and 100 wind turbines, with a combined capacity of 1.5GW.
TerraPower secures $650m to advance Natrium nuclear technology

1 week ago | nsenergybusiness.com | Aninda Chakraborty

TerraPower has completed a $650m fundraising round, attracting investment from both existing and new stakeholders. This round includes participation from NVentures, the venture capital division of NVIDIA, alongside continued support from existing investors such as Bill Gates, the company’s founder, and HD Hyundai, a prominent entity in shipbuilding.
Spain links April blackout to grid operator error

1 week ago | nsenergybusiness.com | Aninda Chakraborty

A government investigation has determined that a miscalculation by Spain’s national grid operator, Red Eléctrica de España (REE), was responsible for the power outage affecting Spain and Portugal earlier this year. The blackout, which occurred in April, was due to technical and planning errors that left the grid incapable of managing a voltage surge.
New York PSC approves Constellation's $16.4bn acquisition of Calpine

1 week ago | nsenergybusiness.com | Aninda Chakraborty

Constellation Energy has secured approval from the New York State Public Service Commission (PSC) for its acquisition of Calpine Corporation. The approval further advances the transaction which will see the merger of Constellation’s zero-emissions nuclear assets and Calpine’s low-emission natural gas and geothermal resources. The combined entity, with nearly 60GW of generation capacity, will become one of the leading providers of clean energy in the US.
BHP's Copper SA partners with Aurizon for $980m logistics overhaul

1 week ago | nsenergybusiness.com | Aninda Chakraborty

BHP’s Copper SA division has entered into a partnership with Australian transport company Aurizon to develop a comprehensive rail, road, and port logistics system. This collaboration, outlined in four contracts totalling approximately A$1.5bn ($980m), aims to support copper operations in South Australia over the next ten years.
Europe’s nuclear energy expansion requires €241bn investment

1 week ago | nsenergybusiness.com | Aninda Chakraborty

The European Commission (EC) has outlined that expanding nuclear energy capacity in member countries will require an investment of around €241bn until 2050. This investment encompasses both the extension of existing nuclear reactors’ lifespans and the construction of new large-scale reactors. Additional funding will be needed for the development of Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs), microreactors, and future fusion technologies.
New York PSC greenlights power projects valued at $636.2m

2 weeks ago | nsenergybusiness.com | Aninda Chakraborty

The New York State Public Service Commission (PSC) has approved a series of infrastructure projects with a combined value of $636.2m to alleviate grid constraints. The approval includes initiatives proposed by Consolidated Edison Company of New York, (Con Edison), Niagara Mohawk Power Corporation, operating as National Grid, New York State Electric & Gas Corporation (NYSEG), and Rochester Gas and Electric Corporation (RG&E).
Rio Tinto initiates ore sorting demonstration project at Lac Tio Mine

2 weeks ago | nsenergybusiness.com | Aninda Chakraborty

Rio Tinto has launched an industrial demonstration project aimed at evaluating the implementation of ore sorting technology at its Lac Tio mine in Havre-Saint-Pierre, Canada. The company allocated a C$7.6m ($5.57m) investment for the initiative. The Government of Quebec will contribute C$2.5m through its Support Program for the Scale-up of Mineral Processing or Primary Transformation for Critical and Strategic Minerals, managed by the Quebec Ministry of Natural Resources and Forests.
Fervo Energy secures $206m to advance Cape Station Geothermal Project

2 weeks ago | nsenergybusiness.com | Aninda Chakraborty

Fervo Energy has raised $206m to further the development of Cape Station, the largest enhanced geothermal systems (EGS) project globally. Located in Beaver County, Utah, Cape Station includes two phases. Phase I aims to provide 100MW of baseload clean energy to the grid by 2026, while Phase II will add another 400MW by 2028. Permits are in place for potential expansion up to 2GW. The funding was secured through three major transactions.