Hungary has gone the other way, leveraging its ties to Moscow for economic gain. It carved out exemptions from under EU sanctions on Russian oil and doubled down on natural gas purchases from Russia. Hungary is also pressing on with the Russia-led expansion of its sole nuclear power plant.

In the MoU, the signatories commit to pursuing the path to commercial fusion energy for Hesse and establishing the state as a leading location for cutting-edge research and the development of laser-based nuclear fusion.

U.S. electricity demand is forecast to soar in the coming years driven by consumer needs, data center growth, increased AI use, and the industrial sector’s need for constant power.

According to the decree, the agency will take on the functions and powers previously held by the Ministry of Energy "in the areas of subsoil use, use of atomic energy, ensuring radiation safety of the population, the creation and operation of the Semipalatinsk nuclear safety zone in the field of uranium production".

The project was approved by the Financier of Studies & Projects (Finep – Financiadora de Estudos e Projetos). IPEN will be responsible for research and development of basic materials for the microreactor and IEN will be in charge of the assembly of a subcritical unit – a reduced model of a nuclear reactor, in which there is no self-sustaining chain reaction.

The collaborations are part of a critical research thrust within the campus’ Fusion Engineering Institute which brings together students, faculty and external partners around fusion energy research and education.

The final product will be returned by December 2027 in the form of UF6 enriched to 4.25% and will be used in the manufacture of nuclear fuel for the Angra dos Reis NPP.

In October 2023, the board of directors of Orano approved an investment of about EUR1.7 billion to raise the production capacity of the plant. The decision followed requests from some US and European customers who are seeking alternatives to Russian sources of supply.

The Sunbird concept is for the fusion-powered 'tugs' to be permanently based in space, able to dock on to spacecraft and propel them at high speed over vast distances. Pulsar Fusion says it foresees a compact nuclear fusion engine providing both thrust and electrical power for spacecraft, including as much as 2 MW of power on arrival at a destination.

The agreement sets out the terms and main areas of interaction between the parties and the possibility of a further expansion of capacity to 330 MW.

The new roadmap builds on an agreement reached in 2023 on the sidelines of the Russia-Africa Economic & Humanitarian Forum in St Petersburg.

Ghana has successfully completed the site selection process and identified the candidate site and an alternative site for its first NPP. The next stage following site selection is the characterisation stage of the site evaluation process.

To compete globally, US must expand energy production and reduce energy costs for American families and businesses.

Adopted on Tuesday by the cabinet, the 7th Basic Energy Plan calls for nuclear electricity generation to increase from 8.5% in fiscal 2023 to about 20% in fiscal 2040.

Under nuclear phase-out plans, agreed in 2019, four of its seven reactors are scheduled to close by the end of 2030, and the other three by 2035.