(Oil & Gas 360) by Greg Barnett, MBA – If Part I explained why the U.S. needs SMRs, Part II explains how they will actually get financed, built, and replicated. Nuclear projects do not rise from enthusiasm alone. They rise from capital — and capital only flows when risk is reduced, supply chains are credible, and customers can sign multi‑decade power
(Oil & Gas 360) By Greg Barnett, MBA – America’s power demands are rising at a pace the grid was never designed for, driven largely by data‑center growth, electrification, AI compute, and industrial reshoring. Supply, meanwhile, is struggling to keep up — especially in regions where energy‑hungry infrastructure is racing ahead of generation. In Texas, for example, grid operators warned in
(Oil Price)– Adani Group, the conglomerate of Indian billionaire Gautam Adani, is in talks with the state government of India’s northern Uttar Pradesh state on a public-private partnership to build small modular reactors (SMRs) as India opens its nuclear energy sector to private investment. Adani Group is in discussions with Uttar Pradesh officials to build eight SMRs with capacity of
(Oil Price)– Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of the Atomic Energy Organization of Iran (AEOI), discussed nuclear energy cooperation in Tehran with Nikolai Spassky, Deputy CEO for International Relations at Rosatom, Russia’s state-owned nuclear energy company.
(Reuters) – The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. President Joe Biden’s administration believes nuclear power is critical in the fight against climate change because it generates electricity virtually free from emissions, and that U.S. nuclear power capacity must triple to meet
