Browsing: SMR

Sweden’s renewed nuclear ambitions are shifting from policy to project finance as Videberg Kraft, the company tasked with developing new reactors on the Värö Peninsula, formally applies for state aid under a framework adopted earlier this year.

Global electricity demand projections are being recalibrated as artificial intelligence and hyperscale data centers move from marginal load drivers to structural forces in energy planning. According to Uranium Unlocked: The Future of AI & Global Energy Demand, a new institutional research study commissioned by Uranium.io and based on responses from more than 600 investors, this shift is already altering long-term expectations for nuclear generation and uranium procurement at a time when supply fundamentals are tightening.

China’s nuclear buildout continues to progress through methodical construction milestones rather than capacity announcements, and the completion of cold functional testing at Xudabao Nuclear Power Plant’s Unit 3 is one such inflection point.

The U.S. Department of Energy has allocated $400 million to the Tennessee Valley Authority for the deployment of GE Vernova…

The accelerating energy demand from AI and high-performance computing has pushed US data center load forecasts to levels that outpace…

Sweden’s industrial sector is deepening its commitment to fossil-free power as Vattenfall and Industrikraft in Sweden AB sign a joint investment agreement to advance the development of new nuclear power on the Värö Peninsula near Ringhals.

OECD electricity generation reached 1,027.6 TWh in July 2025, marking a modest 2.3% year-on-year increase, yet beneath this incremental growth lies a sharply bifurcated energy transition—one where renewable capacity expansion accelerates while structural vulnerabilities in traditional power systems emerge.

The International Maritime Organisation faces a decisive vote this week on whether to impose binding emissions targets on an industry responsible for moving 90% of global trade.

Both units of Finland’s Loviisa nuclear power plant have resumed power generation following the completion of extended annual outages, marking a critical step in Fortum’s long-term operational and modernization strategy. While the outages ensured continued safety and reliability, they also underscored the operational complexity of extending plant lifetimes amid fuel diversification efforts and infrastructure renewal.

As artificial intelligence (AI) and machine learning (ML) drive exponential growth in global electricity demand, attention is shifting to nuclear’s smaller cousin: the small modular reactor (SMR).