Nuclear energy
Hyundai Engineering & Construction, a prominent player in the global nuclear power industry, has solidified its reputation for exceptional construction capabilities and risk management skills through its involvement in the Barakah Nuclear Power Plant project in the United Arab Emirates (UAE). The company has now inked a strategic memorandum of
Nuclear energy
Researchers at Pennsylvania State University (Penn State) have made significant strides in addressing the complex fluid-flow concerns of advanced nuclear reactors, crucial for their operational safety and efficacy. A new report details the establishment of a comprehensive numerical database, offering promising potential for the formulation of accurate and cost-effective reduced-resolution
Nuclear energy
REX Shares has announced the launch of two new leveraged ETFs, the T-REX 2X Long SMR Daily Target ETF (CBOE: SMUP) and the T-REX 2X Long CRWV Daily Target ETF (CBOE: CRWU), which offer traders 2x daily exposure to NuScale Power Corporation and CoreWeave, respectively. These funds are designed for
Nuclear energy
The House Committee on Oversight and Accountability has issued a press release highlighting the importance of advancing America's energy future through the development and deployment of small and micro modular nuclear reactors. Witnesses at a recent hearing emphasized the need for expanding nuclear energy due to its efficiency
Nuclear energy
NANO Nuclear Energy Inc., a company dedicated to developing clean energy solutions, has announced its membership in the Canadian Nuclear Association (CNA). This strategic move aligns with Canada's growing leadership in innovative and scalable nuclear solutions. The CNA plays a crucial role in highlighting the benefits of nuclear
Nuclear energy
Concerns have been raised by Congress regarding the Department of Energy's (DOE) spending decisions in fiscal year 2025, which have allegedly diverted hundreds of millions of dollars from clean energy sources to favored industries. The move has potential implications for national labs, universities, and local governments, which could
Nuclear energy
Congresswoman Marcy Kaptur and Senator Patty Murray have asked the Government Accountability Office (GAO) to investigate the Department of Energy's (DOE) decision to redirect hundreds of millions of dollars from wind and solar energy initiatives to other industries, potentially violating key appropriations laws. The move is expected to
Renewable energy
A shift in climate policy under the Trump administration has sparked debates in the Upper Midwest about the reliability of renewable energy and the separation of state and federal interests. The changes aim to reduce the powers of the Environmental Protection Agency (EPA), a federal regulatory body, in enforcing environmental
Energy industries
The Federal Energy Regulatory Commission (FERC) has issued a delegated order on Duke Energy Progress, LLC (DEP) following an audit by the Division of Audits and Accounting (DAA) within the Office of Enforcement. The audit covered the period from January 1, 2020 to September 30, 2024 and evaluated DEP'
Energy industries
Recent developments in the energy sector have significant implications for the global energy landscape. Politicians, policymakers, and industry leaders are working to shape the future of energy production and consumption. In the United States, lawmakers have reintroduced legislation to support college athletes' rights, while also focusing on energy projects
Renewable energy
Research suggests that new nuclear power plants may not be an efficient solution for decarbonization due to escalating construction costs and operational constraints. According to a study published in Energy Strategy Reviews, even if construction costs and times are optimized, the cost-efficient share of nuclear power in European electricity generation
Energy industries
The global energy sector is undergoing significant changes as governments and corporations respond to crises and push for sustainability. Key developments include the reintroduction of clean energy legislation, investments in green steel technology, and trade deals aimed at supporting British jobs and boosting careers across the UK. Meanwhile, energy experts
