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South Korean Presidential Office: Expanding Renewable Energy Does Not Mean Abandoning Nuclear Power; New Nuclear and SMR Projects Already Decided

On July 3, Kim Woo-chang, Secretary for National AI Policy at the South Korean Presidential Office, responded on a program to external concerns over the power supply capacity of the semiconductor cluster in the Honam region, stating that the southwestern region of South Korea already possesses sufficient renewable energy conditions, with further room for expansion in the future. Kim Woo-chang said that South Korea's power generation resources are generally concentrated in the southwestern region, the Busan–Ulsan–Gyeongnam area, and the vicinity of nuclear power plants in Gangwon-do; the Seoul metropolitan area and central regions such as Chungcheong-do rely primarily on transmission networks for electricity. Therefore, locating large-scale power-consuming projects near power sources is one of the realistic options. In response to whether renewable energy alone is sufficient to support the semiconductor industry...

2026-07-03

Mangoceuticals to Merge with Nuclea to Advance Morpheus Microreactor to Market

Mangoceuticals announced on July 30 that it has signed a definitive business combination agreement with advanced nuclear technology company Nuclea Energy Inc., aiming to bring the latter's Morpheus microreactor to the public capital markets. Nuclea was founded in August 2023 and is headquartered in Mississauga, Ontario, Canada, focusing on the development of lead-cooled, factory-fabricated micro-modular reactors. Under the agreement, a newly formed subsidiary of Mangoceuticals will merge with Nuclea, and the combined company will operate as an indirect wholly owned subsidiary of Mangoceuticals. Upon completion of the transaction, holders of Nuclea common shares will receive...

2026-07-31

ZiaCore Microreactor Achieves Criticality in High-Temperature Zero-Power Experiment

Los Alamos National Laboratory announced on July 30 that its ZiaCore microreactor design has completed a high-temperature zero-power criticality proof-of-principle experiment at the National Criticality Experiments Research Center (NCERC) in Nevada, successfully achieving initial criticality. ZiaCore is an advanced nuclear energy microreactor design that uses low-enriched uranium dioxide fuel. The experiment lasted approximately four weeks from April to May this year, advancing the ZiaCore system to zero-power criticality under high-temperature conditions. According to the reactor design and verification process, zero-power criticality experiments can be used to validate the effectiveness of reactor physics designs, providing key benchmark data for subsequent engineering development.

2026-07-31

Russia says all countries have the right to develop peaceful uses of nuclear energy

Russian Presidential Press Secretary Dmitry Peskov stated that Russia has always believed that any country should enjoy the right to develop peaceful uses of atomic energy, and Iran, Saudi Arabia, and other countries are no exception. Earlier on July 23 local time, the U.S. Department of Energy announced that it had signed a civil nuclear energy cooperation agreement with Saudi Arabia. The agreement will also be submitted to the U.S. Congress for review. In response to a reporter's question, Peskov said that Russia's position on the peaceful use of atomic energy and the development of peaceful nuclear energy is "well known." He stated that Iran should have this right, and Saudi Arabia and other countries should also have this right....

2026-07-24

Guomai Fusion Energy Completes Angel+ Round Financing, with Zhengxuan Investment and Others Supporting aFRC Fusion Route Commercialization

Recently, Beijing Guomai Fusion Energy Technology Co., Ltd. (hereinafter referred to as Guomai Fusion Energy) completed its Angel+ round of financing. This round was participated by well-known institutions such as Zhengxuan Investment and Dalin Investment. By adopting a strategy of small steps and rapid iteration, Guomai Fusion Energy has continuously advanced its financing, pooling industrial and capital forces to support R&D design and engineering validation, and promoting the fast and sound development of the advanced field-reversed configuration (aFRC) route. The funds from this round will be primarily used for aFRC route R&D, including the construction of fusion experimental devices, core technology breakthroughs, and talent team building, accelerating key technology breakthroughs and experimental validation. Guomai Fusion Energy, established in the Beijing Economic-Technological Development Area, is a company focusing on advanced field-reversed config...

2026-07-31

China Fusion Energy Co., Ltd. Holds 2026 Mid-Year Work Conference and Semi-Annual Economic Operation Analysis Meeting

On July 29, China Fusion Energy Co., Ltd. (hereinafter referred to as China Fusion or the Company) held its 2026 mid-year work conference and semi-annual economic operation analysis meeting to thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and all previous plenary sessions, earnestly implement the spirit of the 2026 mid-year Party Leadership Group (Enlarged) Meeting of China National Nuclear Corporation, solidly advance the study and education on establishing and practicing a correct view of political achievements, comprehensively summarize the progress and effectiveness of the Company's operations and reform and development in the first half of the year, study and deploy work for the second half of the year, continuously promote the "Pursuing Excellence · Breaking New Ground through Reform" annual special action, and strive for a high-quality start to the 15th Five-Year Plan period. The Company's Party Secretary and Chairman, and the Party Secretary of the Southwestern Institute of Physics (hereinafter referred to as SWIP)...

2026-07-31

U.S. Nuclear Power Consulting Firm EXCEL Services Officially Enters Vietnamese Market

U.S. nuclear power technology consulting firm EXCEL Services Corporation has established a subsidiary in Vietnam and is actively collaborating with domestic partners, coinciding with the restart of Vietnam's nuclear power projects. This move marks further development of bilateral cooperation in the nuclear energy sector. Currently, Vietnam is restarting its nuclear power development plans, attracting attention from numerous international partners. On July 28, EXCEL Services Corporation announced the establishment of its Vietnamese subsidiary and signed a Memorandum of Understanding (MoU) with the National Innovation Center (NIC) and Ho Chi Minh City University of Technology, while actively advancing more cooperation agreements with Vietnamese government agencies and enterprises. James Voss has been appointed as...

2026-07-30

Serbia and France Sign Nuclear Energy Cooperation Partnership Agreement

Serbia and France are deepening cooperation in the nuclear energy field, with both sides signing a significant partnership agreement. Serbian Minister of Mining and Energy Dubravka Đedović-Handanović announced via social media that the agreement was signed jointly by the Republic of Serbia, French electricity company EDF, and the French Development Agency AFD, aiming to lay the foundation for Serbia's peaceful nuclear energy projects. This cooperation will focus on strengthening Serbia's expertise, talent pool, and organizational capacity in the nuclear energy sector, while providing a scientific basis for future energy decisions. This partnership follows the Serbian government's reception of an EDF delegation and French Ambassador to Serbia Florence Ferrari...

2026-07-30

Malaysia Calls on ASEAN to Prioritize Nuclear Energy for Regional Energy Transition

Malaysian Prime Minister Anwar Ibrahim called on ASEAN countries at a regional energy conference not to overlook nuclear energy in the process of energy transition. He pointed out that as the region seeks stable, economical, and reliable energy supplies, nuclear energy deserves greater attention. Currently, although ASEAN member states are actively developing renewable energy sources such as solar and wind power, the focus on nuclear energy is notably insufficient, which is considered a regret. Malaysia has sufficient management experience and technical capabilities to explore options that can contribute to common energy goals. Prime Minister Anwar emphasized that nuclear energy can play a key role in supporting the objectives of the ASEAN Plan of Action for Energy Cooperation, especially in...

2026-07-30

Vietnam-Hungary Industrial Education Cooperation Seminar Held, Vietnam Plans to Send Students to Study Nuclear Energy Technology in Hungary

On July 29, a delegation from the Vietnamese Ministry of Industry and Trade held a seminar with the Hungarian Rectors' Conference and the Budapest University of Technology and Economics (BME), focusing on promoting educational cooperation in the industrial sector, particularly in Hungary's advantageous disciplines such as mechanical engineering, semiconductors, nuclear energy, and information technology. Dr. Nguyen Van Thien, Vice President of Hanoi University of Industry, proposed that BME provide short-term or long-term training courses for lecturers from his university. Associate Professor Nguyen Xuan Hoan, President of Ho Chi Minh City University of Industry and Trade, expressed hope to send 3 to 5 graduate students to study at BME this year or next year through government scholarships, with the expectation that they would return to work in Vietnam after graduation. The Vietnamese delegation also stated that, in preparation for the upcoming nuclear power project, it hopes to send students to Hungary to study nuclear energy technology starting this year.

2026-07-30

Germany's Hesse to Build National Laser Fusion Center, Plans Commercial Laser Fusion Power Plant at Biblis

The German Federal Ministry for Research, Technology and Aerospace (BMFTR) announced on July 29 that Hesse will become the site of Germany's National Laser Fusion Center. The center is one of three national fusion capability centers established under Germany's Fusion 2040 program and the High-Tech Agenda, aiming to promote the coordinated development of fusion research, industry, and infrastructure. According to the arrangement, Focused Energy will play a core role in the construction of the center. The project is located at the site of the former Biblis nuclear power plant in Hesse, where Focused Energy plans to build a laser fusion industrialization park and promote the construction of what it claims will be the world's first commercial laser fusion power plant. Germany's...

2026-07-30

Germany to Establish Fusion Technology Research Center at Karlsruhe Institute of Technology

The German federal government is advancing the layout for the country's first fusion reactor. According to a decision announced on July 29, 2026, by the German Federal Ministry of Research, Technology and Space (BMFTR), one of three newly established fusion research centers will be located at the Karlsruhe Institute of Technology (KIT), focusing on fuel cycles, new materials, and engineering technology research for fusion power plants. In line with Germany's Fusion Action Plan, the new research centers will integrate the efforts of scientific institutions and industry to concentrate on solving key technical challenges before the application of fusion energy. The center at KIT will leverage the institute's expertise in fusion fuel cycles, high-performance materials, and core reactor components to advance related achievements...

2026-07-30

The 7th National Nuclear Regulatory Conference of Vietnam Convened: Improving the Legal Framework to Serve the National Nuclear Program and Sustainable Development

The 7th National Nuclear Regulatory Conference of Vietnam was held in Quang Ninh Province, with the theme of national management of radiation and nuclear safety serving socio-economic development. The conference brought together leaders from the government, ministries, and industry sectors, local officials, as well as over 400 delegates and experts from international organizations including the International Atomic Energy Agency (IAEA). This conference aimed to comprehensively assess the achievements of national governance in the field of radiation and nuclear safety over the past period, unify directions, clarify tasks, and formulate key solutions for development from 2026 to 2035. The conference took place at an important time when Vietnam's nuclear program is being restarted, supporting the peaceful use of atomic energy, ensuring radiation and nuclear safety, and strengthening national scientific and technological capabilities...

2026-07-30

Terrestrial Energy Signs Engineering Services Agreement with Zachry Group to Advance IMSR Plant Development in Texas

Advanced nuclear energy developer Terrestrial Energy Inc. announced on July 28 that it has signed an engineering services agreement with Zachry Group, a North American provider of engineering, construction, maintenance, turnaround, and manufacturing services. Under the agreement, Zachry Group will support Terrestrial Energy in advancing work related to the Integral Molten Salt Reactor (IMSR) plant at the Texas A&M University RELLIS campus (Texas A&M-RELLIS). The agreement covers nuclear engineering services for civil structures, mechanical and electrical systems, to support the project's design, development, and licensing activities. Both parties stated that this collaboration...

2026-07-30

Kazakhstan Atomic Energy Agency Holds Meeting on Uranium Mining Enterprise Regulation Implementation in Shymkent

On July 29, 2026, Deputy Director of the Atomic Energy Agency of the Republic of Kazakhstan G.E. Sergazin conducted a working visit to Shymkent and held a meeting with heads and representatives of uranium mining enterprises to discuss the recently adopted amendments to national regulatory documents in the field of atomic energy use. The meeting focused on interpreting key changes in the new regulations, including modernized approaches to radioactive waste treatment, strengthened requirements for atomic energy use and radioactive waste management, and enhanced efficiency of the national regulatory mechanism. Participants also discussed the practical implementation of the new norms in the daily operations and compliance management of uranium mining enterprises. The meeting was conducted in an open dialogue format. ...

2026-07-30