The International Monetary Fund (IMF) has thrown its weight behind Ghana’s planned review of utility tariffs in the energy and power sectors, describing it as a critical step toward addressing long-standing inefficiencies in the industry. Speaking at a press briefing in Washington, D.C., IMF Communications Director Julie Kozack said the adjustment is expected to help...
Category: Nuclear
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Ghana Weighs Russian Nuclear Technology for Landmark Power Project
By Emmanuel Aboagye-WiafeGhana is intensifying efforts to develop its first nuclear power plant and is strongly considering Russia’s advanced nuclear technology as a key option. The move highlights Russia’s growing prominence as a trusted partner in Africa’s nuclear energy space, where its State Atomic Energy Corporation, Rosatom, is already constructing Egypt’s first nuclear power plant...
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World Nuclear Fuel Report 2025: Investment in nuclear fuel cycle needed as demand for nuclear power grows
At World Nuclear Symposium 50, the latest edition of World Nuclear Fuel Report: Global Scenarios for Demand and Supply Availability 2025-2040 was published.The report maintains the upward trend in nuclear generating capacity projections from the previous editions, as the positive momentum for nuclear power continues to grow. In addition to climate change mitigation and supporting...
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US to build ‘historic’ 6,000-megawatt nuclear plant powering 4.5 million homes
The Tennessee Valley Authority (TVA) has entered into an agreement with ENTRA1 Energy to develop up to 6 gigawatts (GW) of new nuclear power. It involves the construction of six new nuclear plants across TVA’s seven-state service region. Each of these new facilities will be powered by 12 individual NuScale Power Modules (NPM). This collaboration...
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Russia says it will help China overtake the United States on nuclear power
Russia will help China overtake the United States as the world’s biggest producer of nuclear power, the chief of Russia’s Rosatom state nuclear corporation said in comments broadcast on state TV on Wednesday after talks in Beijing.The United States operates the world’s largest network of nuclear reactors, with nearly 97 gigawatts (GW) of installed capacity....
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Global nuclear industry meets in London to “Energize the Future Now”
Global nuclear industry meets in London to “Energize the Future Now”World Nuclear Association Director General, Dr Sama Bilbao y Leon calls for “bold, visionary leadership to accelerate nuclear deployment”. Secretary Wright, U.S. Department of Energy, promises to “re-establish the US as a global leader in nuclear energy” addressing 50th World Nuclear SymposiumIn 2024, nuclear reactors...
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World Nuclear Association Welcomes Microsoft Corporation as Newest MemberTech Company’s Membership Signals Nuclear Power’s Central Role in Powering the AI Revolution
Issued 3 September 2025 LONDON, UK The World Nuclear Association has proudly announced that Microsoft Corporation, one of the world’s leading technology companies, has officially joined as its newest member. This landmark membership underscores the growing recognition of nuclear energy as an essential foundation for powering the digital economy and achieving ambitious climate goals. A...
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Global nuclear industry gathers in London this weekGoal to triple nuclear capacity by 2050 is achievable
In 2024, nuclear reactors supplied more electricity than ever before. World Nuclear Performance Report 2025 charts this record milestone and demonstrates nuclear’s endurance as part of a clean and resilient global energy mix.The global reactor fleet ran at an average capacity factor* of 83% in 2024, higher than any other source of electricity. This measure...
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Rolls-Royce denies report of IPO plans for small nuclear reactor unit
Aug 30 (Reuters) – Rolls-Royce Holdings (RR.L), opens new tab on Saturday denied a report it was exploring an initial public offering for its small nuclear reactor unit.The Financial Times, citing people familiar with the situation, reported on Saturday the company was considering an IPO as well as other funding options. It said talks with...
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Africa’s Solar Boom Eludes Nigeria as Import Ban Looms
Africa is experiencing a record-breaking surge in solar adoption, with imports of Chinese panels hitting unprecedented highs across the continent. But while countries like Algeria, South Africa, and Kenya accelerate clean energy deployment, Nigeria, the continent’s most populous nation and one of its biggest energy consumers, risks being left behind. The government’s plan to ban...