UK ministers make contingency plans to fund £20bn-plus power plant
After decades of stagnation, the world’s biggest tech groups and banks are considering an alternative energy option
Operator of Europe’s largest nuclear waste dump fined after pleading guilty in June to ‘serious’ cyber security failings
Critics say decentralised stations are cheaper and less vulnerable than government’s preference for large nuclear reactors
Incubation effort comes as Big Tech looks to atomic energy to meet soaring power demand for AI race
UK government selects four companies to proceed to next stage of negotiations
Fourteen major banks and financial institutions back COP28 goal of tripling nuclear capacity by 2050
Projects prove too tricky to fund through normal financing methods
Financial institutions including BofA, Morgan Stanley and Goldman back COP28 goal of tripling capacity by 2050
Bottlenecks have built up in uranium supply chain since Russian invasion of Ukraine
Energy source enjoying renaissance as world looks to slash emissions and feed rapidly growing need
Partnership with state utility ČEZ could prove key test of whether technology can live up to potential
Shanghai’s Energy Singularity looks to raise $500mn to develop clean energy breakthrough using locally sourced materials
New unit could be connected to grid by end of year but optimism over further expansion faces political hurdles
A new UK state body might ease investor fears but any renaissance is likely to be slow
Collaboration with Darpa agency among ways Tokamak Energy is seeking to monetise its magnet breakthroughs
Asian nation seeks to become leading player in market dominated by China and Russia
Move by Kazakh mining company Kazatomprom threatens to squeeze supplies of the radioactive fuel
Rafael Grossi says Russian power station is within artillery range of Ukrainian positions
Moscow is laying the ground for long-term control of vital infrastructure in an alliance member state
Investors should pay close attention to risks that still need to be addressed
Opposition wants to change law and build new plants but critics say focus should remain on renewable energy
Also in today’s newsletter, US nuclear energy sector primed for a political boost
Sellafield allowed ‘significant vulnerabilities’ to persist in IT systems
Rome plans to allow investments in small reactors as part of a bid to lower the country’s carbon emissions
