Saturday, July 12, 2025

Latest

US Supports Nuclear Power Expansion in Europe, Launches NEXT Program

At the recent Three Seas Initiative Summit in Bucharest, Romania, US special presidential envoy for climate, John Kerry, announced significant actions aimed at advancing the role of new nuclear technologies in driving the clean energy transition in Europe. 

Kerry’s announcement, made during a side event, was part of the United States’ commitment to expanding clean energy solutions in the region. These actions build upon Romania’s pioneering efforts in deploying the first small modular reactor (SMR) in Europe and converting a former coal plant in Romania into an SMR facility. 

Kerry’s Project Phoenix initiative, previously introduced at the COP27 climate change conference, has now selected proposals from the Czech Republic, Poland, and Slovakia to participate in coal-to-SMR feasibility studies, offering support for their transition to cleaner energy sources.

RELATED: New Survey Finds More Americans Are Now Pro-Nuclear Power

The American and Slovakian governments will jointly host a Project Phoenix launch event and workshop in Bratislava on November 9. The side event in Bucharest, held at the University Politehnica of Bucharest, showcased the NuScale SMR simulator training center, a crucial part of the training and development efforts in the nuclear industry.

Kerry also unveiled the Nuclear Expediting the Energy Transition (NEXT) One Stop Shop for SMR Support program during his visit to Bucharest. This program will serve European and Eurasian countries considering SMR deployment by offering a virtual center where they can access advanced project preparation tools and services, including technical, financial, and regulatory consultancies, expert study tours, SMR simulators, and educational partnerships.

Both Project Phoenix and the NEXT One Stop Shop fall under the State Department’s Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology (FIRST) program, emphasizing responsible and secure nuclear energy deployment.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

European Central Banks Throw Shade At Bitcoin, Launch Digital Euro Project

The European central bank is evidently focused on the topic of digital currencies. This morning,...

Wednesday, July 14, 2021, 08:45:13 AM

European Gas Prices Soar to Historical High as Energy Crisis Worsens

Another day, another record-high for energy markets… As Europe and the UK continue to sleepwalk...

Wednesday, September 29, 2021, 02:26:00 PM

China Race to Build 100 Reactors in 10 Years Sparks Concerns

China is poised to become the global leader in nuclear power generation, with plans to...

Sunday, December 8, 2024, 07:16:00 AM

German Economy Minister On Extending Nuclear Power Plants: “It Is The Wrong Decision”

German Economy Minister Robert Habeck said on Sunday that extending the life of the country’s three remaining...

Wednesday, August 24, 2022, 12:17:00 PM

US Threatens New Tariffs on $3.1 Billion European Imports

Canada may soon not be the only one targeted by new US tariffs. It appears...

Thursday, June 25, 2020, 06:15:00 PM