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South Korea to dismantle Kori-1, its first nuclear decommissioning

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South Korea will begin decommissioning its first nuclear power plant, Kori-1, marking a major step in its energy policy shift. The plant, commissioned in 1978, will be dismantled over 12 years at an estimated cost of Won 1.1 trillion ($810 million). The Nuclear Safety and Security Commission has approved Korea Hydro and Nuclear Power’s (KHNP) plan, which met all technical and regulatory requirements. The project will involve handling around 170,000 tonnes of nuclear waste under…

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World Bank and IAEA partner to support nuclear energy in developing countries

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The World Bank Group has signed an agreement with the International Atomic Energy Agency (IAEA) to promote the safe and responsible use of nuclear energy in developing countries. The move marks the World Bank’s first direct engagement with nuclear power in decades. The memorandum of understanding focuses on three key areas: First, the IAEA will help the World Bank expand its knowledge of nuclear safety, new technologies, waste management, and reactor lifecycles. Second, it will…

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Palantir and The Nuclear Company launch AI tool for nuclear projects

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Palantir Technologies and The Nuclear Company have partnered to launch the Nuclear Operating System (NOS), an AI-driven platform aimed at cutting delays and cost overruns in U.S. nuclear construction.  Built on Palantir’s Foundry platform, NOS offers real-time insights into construction progress, supply chain status, and regulatory compliance. The system will be deployed by on-site teams at nuclear construction projects. It is part of Palantir’s Warp Speed initiative to accelerate the delivery of critical infrastructure. The…

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Centre pushes eastern states to plan one nuclear plant per state

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At the Regional Conference for the Eastern Region States/ UTs in Patna on 24 June, Union Power Minister Manohar Lal urged eastern states to tie up generation capacity, push renewable energy with storage, and plan for at least one nuclear plant per state. States were asked to resolve issues delaying intra-state transmission, including Right of Way and forest clearances, and use Rs 1.5 lakh crore in 50-year interest-free loans announced in Budget 2025–26 to build…

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New York to build 1 GW advanced nuclear plant

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New York Governor Kathy Hochul has instructed the New York Power Authority (NYPA) to develop and construct a 1 gigawatt (GW) advanced nuclear power plant in Upstate New York.  The project aims to meet rising electricity demand driven by industrial growth, building electrification, and electric vehicles, while replacing retiring fossil fuel capacity with zero-emission, baseload power. NYPA, in coordination with the Department of Public Service (DPS), will evaluate technologies, business models, and sites. Feasibility assessments…

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World Bank lifts nuclear funding ban for developing nations

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The World Bank has ended its 2013 ban on financing nuclear energy projects in developing countries. The decision, reported by Reuters, reflects a shift in response to rising electricity demand and a push for energy diversification. Under the new strategy, the Bank will support countries in developing nuclear power, including life-extension of existing reactors and small modular reactor (SMR) deployment. The World Bank Group will work with the International Atomic Energy Agency (IAEA) on safeguards,…

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AERB clears site for Mahi Banswara nuclear project in Rajasthan

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The Atomic Energy Regulatory Board (AERB) has approved the site for the proposed 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan. The project will be developed by a joint venture between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL), with NTPC holding a 49% stake and NPCIL 51%. The estimated cost of the project is Rs 504 billion. The project involves the construction of four units of Pressurized Heavy-Water Reactors (PHWRs) in…

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India to open nuclear energy to private players with new draft laws

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India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic energy capacity by 2047, up from the current 8 GW. Two key changes are proposed. First, the financial liability of equipment suppliers in case of a nuclear accident would be capped, addressing a long-standing concern that…

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Germany signals support for nuclear power in EU energy legislation shift

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Germany has informed France it will no longer oppose recognising nuclear power as equal to renewable energy in European Union (EU) legislation, according to a report by Reuters. This marks a major shift in Germany’s energy policy under its new Chancellor, Friedrich Merz. Historically, Germany and France have held divergent views on nuclear energy. While France relies on nuclear power for around 70 per cent of its electricity, Germany had shut down its reactors, classifying…

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Power Ministry discusses nuclear power expansion roadmap

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At a meeting of the Consultative Committee of the Ministry of Power on April 28, 2025, the Union Minister for Power and Housing & Urban Affairs, Manohar Lal, presented the government’s roadmap for expanding nuclear power generation in India. The meeting focused on how nuclear energy can support India’s clean energy goals and long-term energy security. The minister highlighted that nuclear energy is not limited to electricity generation. It can also support non-electric uses like…