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Rosatom Expects Revenue of $43.2 Billion in 2026

Rosatom Expects Revenue of $43.2 Billion in 2026

Rosatom expects its revenue to reach $43.2 billion in 2026, driven primarily by new products, international operations, and expansion in nuclear energy, technology, and logistics. The company plans to continue scaling up in the coming years, targeting consolidated revenue of approximately $50.8 billion by 2028, with businesses related to new technologies expected to grow by about 50%. To support this growth target, Rosatom will maintain an investment program exceeding $11.4 billion, focusing on projects that yield the best financial returns. Rosatom is actively implementing cost control and efficiency improvement measures, aiming to increase productivity by 12% annually and achieve a 10% wage increase...

2026-08-03

After 25 Years, the Muon Wobble Puzzle Sees Key New Progress in Physics

After 25 Years, the Muon Wobble Puzzle Sees Key New Progress in Physics

For 25 years, precise measurements of how muons wobble in a magnetic field have been a major puzzle in particle physics. Early experiments showed a discrepancy between the measured value of the muon's g-factor and theoretical predictions, a difference once seen as a possible hint of unknown particles. Recent new theoretical calculations and experimental analyses have brought a new twist to this puzzle. The muon is a heavier cousin of the electron that precesses like a tiny magnet in a magnetic field. Its extra wobble is quantified by the muon g-2 coefficient. According to quantum theory, known particles and interactions influence this coefficient through fleeting quantum fluctuations, making muon g-2 a key test of the Standard Model...

2026-08-03

U.S. Department of Energy Highlights Progress in Legacy Waste Cleanup and Medical Isotope R&D

U.S. Department of Energy Highlights Progress in Legacy Waste Cleanup and Medical Isotope R&D

Recently, senior officials from the U.S. Department of Energy attended an event hosted by the U.S. House Nuclear Cleanup Caucus, presenting the application progress of legacy nuclear waste cleanup efforts in medical isotope R&D and future energy technologies. The event, themed "DOE's Isotope Mission: Legacy Cleanup Saves Lives, Empowers America's Future," focused on how nuclear cleanup missions align with isotope production and medical research. DOE's Under Secretary for Science Dario Gil, along with Oak Ridge National Laboratory Environmental Management Office Manager Eric Olds and Savannah River Operations Office Manager Edwin DeShon, jointly attended the event. DeShon...

2026-08-03

US Utility Xcel Energy's Nuclear Plant Life Extension Boosts Q2 Earnings Significantly

US Utility Xcel Energy's Nuclear Plant Life Extension Boosts Q2 Earnings Significantly

Xcel Energy, a multi-state regulated electric and gas utility headquartered in Minneapolis, USA, achieved significant earnings growth in the second quarter, primarily driven by reduced depreciation expenses resulting from extended operating lives of its nuclear power plants. The company extended the expected operating lives of its nuclear plants to 2050 and beyond, thereby lowering quarterly depreciation costs and positively impacting its financial performance. Despite a decline in operating revenues, net income still grew by 32% to $586 million, with diluted earnings per share rising from $0.75 to $0.93. The extension of nuclear plant operating lives does not imply an immediate increase in cash flow or power generation...

2026-08-03

Germany's eROSITA Second Data Release Unveils Nearly Two Million X-ray Sources

Germany's eROSITA Second Data Release Unveils Nearly Two Million X-ray Sources

On July 31, the German eROSITA consortium, led by the Max Planck Institute for Extraterrestrial Physics with participation from the University of Bonn, released its second major public dataset, eROSITA Data Release 2 (DR2). Built from the first three all-sky survey observations conducted by the eROSITA telescope aboard the Spectrum-Roentgen-Gamma (SRG) mission, this dataset is considered one of the most sensitive and comprehensive X-ray catalogs currently available to the public. The DR2 main catalog covers the 0.2–2.3 kiloelectron-volt (keV) band in the western hemisphere, containing nearly two million X-ray sources. Among these, over 1.9 million are point-like sources, primarily consisting of stars and actively accreting supermassive black holes; approximately 64,000 are extended sources,...

2026-08-01

Greenpeace accuses Spanish Nuclear Safety Council of improperly renewing Almaraz nuclear power plant license until 2030

Greenpeace accuses Spanish Nuclear Safety Council of improperly renewing Almaraz nuclear power plant license until 2030

The Spanish Nuclear Safety Council (CSN) recently issued a favorable report on extending the operating license of the Almaraz nuclear power plant until 2030. However, the environmental organization Greenpeace has questioned this decision, arguing that the report fails to comply with current nuclear safety regulations. They point out that Council member Francisco Castejón abstained from the vote on approving the extension of the Almaraz plant's lifespan, which indicates blind spots in the assessment process. Greenpeace further emphasized that the handling of this extension application is also problematic, as no new Periodic Safety Review (PSR) was conducted, instead relying on the previous assessment that concluded in June 2018...

2026-08-01

Bac Ninh Province, Vietnam Publishes Revised List of 22 Administrative Procedures in the Field of Radiation and Nuclear Safety

Bac Ninh Province, Vietnam Publishes Revised List of 22 Administrative Procedures in the Field of Radiation and Nuclear Safety

The Chairman of the Bac Ninh Provincial People's Committee recently issued Decision No. 2017/QD-UBND, publishing the revised and supplemented list of administrative procedures in the field of radiation and nuclear safety within the functional management scope of the Bac Ninh Provincial Department of Science and Technology. The list comprises a total of 22 administrative procedures, covering specific matters such as licensing for radiation operations, registration of nuclear technology application services, and license renewal and modification. This serves as the provincial-level implementation and localization of authority delegated or adjusted by central ministries (such as Decision No. 2607/QD-BKHCN of the Vietnamese Ministry of Science and Technology issued in May 2026). According to the requirements of the Decision, the Bac Ninh Provincial Department of Science and Technology will take the lead, in coordination with relevant agencies and the People's Committees of districts and cities, to review and improve the electronic processing workflows and structures within administrative procedures, relying on the one-stop and integrated one-stop mechanisms. At the same time, the procedure contents will be publicly posted at public administrative service centers in communes and townships, as well as at points for receiving administrative procedures and returning results, and will be strictly processed online in accordance with the regulations published on the National Public Service Portal (https://dichvucong.gov.vn). This arrangement aims to unify the service guides, document checklists, and processing timelines for radiation and nuclear safety matters into a digital window, reducing the need for in-person visits.

2026-08-01

"Nuclear-Solar Complementarity"! CGN Ningde 200MW Offshore Solar Project Achieves Full-Capacity Grid Connection

"Nuclear-Solar Complementarity"! CGN Ningde 200MW Offshore Solar Project Achieves Full-Capacity Grid Connection

According to China General Nuclear Power Group (CGN), on July 31, the CGN Ningde 200MW offshore solar project achieved full-capacity grid connection and power generation. This project is one of the mobilized offshore solar projects in Fujian Province and also CGN's first "nuclear-solar co-siting" offshore solar project, holding significant demonstration value for promoting the green transformation of the local energy structure, building a new energy system, and driving the region to create a zero-carbon demonstration park. Located within the water area of the Ningde nuclear site in Tailaoshan Bay Village, Fuding City, the project utilizes the marine resources surrounding the nuclear power base to achieve three-dimensional development combining nuclear and solar energy. The total site area is approximately 3,020 mu, with an installed capacity of 200MW, supported by a 20MW/40MWh backup system. The project's operational period is 25 years...

2026-08-01

Thor Medical Launches Commercial Production of Lead-212 at AlphaOne Facility

Thor Medical Launches Commercial Production of Lead-212 at AlphaOne Facility

Thor Medical ASA announced on July 31 that commercial production has commenced at its industrial-scale AlphaOne production facility located in the Herøya industrial park. The facility will produce lead-212 (Pb-212) and its precursors thorium-228 (Th-228) and radium-224 (Ra-224) to support demand related to radiopharmaceuticals and targeted cancer radiotherapy. According to the company, Thor Medical has signed supply agreements with multiple types of customers across the radiopharmaceutical value chain, including startup biotechnology companies, contract development and manufacturing organizations (CDMOs), and global pharmaceutical companies. The company expects the AlphaOne facility to deliver its first products to customers in August 2026. AlphaOn...

2026-08-01

Russia-Brazil Uranium Conversion Cooperation Upgraded, Uranium Processing at Angra NPP Increased by 25%

Russia-Brazil Uranium Conversion Cooperation Upgraded, Uranium Processing at Angra NPP Increased by 25%

In June 2026, Russia and Brazil signed an agreement to increase uranium conversion volumes for the Angra nuclear power plant in the South American country by 25%. This move is of strategic significance, as Russian fuel fully guarantees the operation of the country's only nuclear power plant. Russia is a key economic partner of Brazil, a Latin American nation, and one of the five historical founding members of the BRICS group. Brazil accounts for more than 50% of Russia's trade with the region, with bilateral trade volume reaching $10.9 billion by the end of 2025. The two countries are developing technical cooperation, particularly in the nuclear field. In December 2022, they signed a five-year contract to supply...

2026-08-01

South Korea Plans to Establish Radioisotope Commercialization Company, Targeting Trial Production in 2028

South Korea Plans to Establish Radioisotope Commercialization Company, Targeting Trial Production in 2028

According to sources inside and outside the South Korean government on July 31, Korea Hydro & Nuclear Power (KHNP) and relevant departments including the Ministry of Economy and Finance plan to discuss the establishment of a special purpose company (SPC) for radioisotope commercialization. The company is proposed to be set up as a subsidiary of KHNP, with domestic private enterprises, including pharmaceutical companies, expected to participate in investment. Under the current plan, the South Korean government will determine the specific investment structure and business plan through inter-departmental consultations this year, and strive to complete the company's establishment by 2027. Subsequently, the relevant parties will push forward facility construction to produce radioisotopes using nuclear power plants, with the goal of commencing trial production in 2028. Radioisot...

2026-08-01

Korea and UAE Eye Joint Bid for Vietnam's Ninh Thuan 2 Nuclear Power Project

Korea and UAE Eye Joint Bid for Vietnam's Ninh Thuan 2 Nuclear Power Project

A South Korean team comprising the Korean government, Korea Electric Power Corporation (KEPCO), and Korea Hydro & Nuclear Power (KHNP) is seeking cooperation with the United Arab Emirates (UAE) to jointly compete for Vietnam's nuclear power project. The proposed plan aims to combine South Korea's experience in large-scale nuclear power plant construction with the UAE's financial strength to enhance both parties' competitiveness in the international nuclear power market. According to sources from South Korea's nuclear power industry, the Ministry of Trade, Industry and Energy (MOTIE) held a high-level meeting with Vietnam's Ministry of Industry and Trade (MOIT) in Hanoi earlier this month, proposing a joint South Korea-UAE participation in the construction of Vietnam's Ninh Thuan 2 Nuclear Power Project. The Ninh Thuan nuclear power project is located in Ninh Thuan Province in central Vietnam, with plans to build four nuclear power units. In the early arrangements of the project, Russia planned to bid for the Ninh Thuan 1 Nuclear Power Project, while Japan planned to bid for the Ninh Thuan 2 Nuclear Power Project. After Japan withdrew and relinquished its preferential bidding rights, South Korea gained the opportunity to enter the competition for the project.

2026-08-01

Japan's Chugoku Electric Power swings to loss in FY2026 Q1 as nuclear shutdown raises costs

Japan's Chugoku Electric Power swings to loss in FY2026 Q1 as nuclear shutdown raises costs

Japan's Chugoku Electric Power Co. announced its consolidated financial results for the first quarter (April-June) of fiscal year 2026 on July 31. During the reporting period, the company's sales increased 4.4% year-on-year to 343.9 billion yen, up 14.3 billion yen from the same period last year, mainly driven by growth in electricity sales volume. Profit performance, however, came under significant pressure. The company posted an operating loss of 5.3 billion yen, an ordinary loss of 3.2 billion yen, and a net loss of 3.7 billion yen for the first quarter, compared with a net profit of 26.8 billion yen in the same period last year, a year-on-year decrease of 30.5 billion yen. This marks the first time since the first quarter of fiscal year 2022 that the company has recorded simultaneous losses in operating profit, ordinary profit, and net profit over a four-year period. The company stated...

2026-08-02

Japan aims to rebuild up to 5 retired nuclear power plants by the 2040s

Japan aims to rebuild up to 5 retired nuclear power plants by the 2040s

The Japanese government held a ministerial meeting on nuclear power on July 31 and decided to rebuild up to 5 retired nuclear power plants by the 2040s. This is the first time since the Fukushima Daiichi nuclear accident that the Japanese government has set a specific numerical target for nuclear plant reconstruction. Kansai Electric Power Company's Mihama Nuclear Power Plant Japanese Prime Minister Takaichi Sanae stated at the meeting that to steadily advance nuclear power investment, the Takaichi cabinet will continue to promote nuclear energy policy. According to the direction set at the meeting, Japan plans to rebuild 2 to 5 nuclear power plants by the 2040s, with a total installed capacity of approximately 2.2 million to 5.5 million kilowatts; by the 2050s, the reconstruction scale will expand to 11 to 14 plants, with a total installed capacity of approximately 12.7 million to 16 million kilowatts. The Japanese government plans to...

2026-08-01

Japan's Fukushima Daiichi Nuclear Power Station launches 22nd release of radioactive wastewater into the ocean, approximately 7,800 tons this time

Japan's Fukushima Daiichi Nuclear Power Station launches 22nd release of radioactive wastewater into the ocean, approximately 7,800 tons this time

On the morning of July 30, 2026, Tokyo Electric Power Company (TEPCO) initiated a new round of nuclear-contaminated water discharge into the ocean at the Fukushima Daiichi Nuclear Power Station. This marks the 4th release within 2026 and the 22nd since the discharge plan began in August 2023. According to data released by TEPCO, this discharge is expected to continue until the 17th of next month, with a total volume of approximately 7,800 tons. The total amount of radioactive substance tritium contained therein is as high as approximately 1.3 trillion becquerels. Prior to this, Japan had conducted a total of 21 rounds of radioactive wastewater discharge by the 24th of this month, with a cumulative discharge volume reaching approximately 165,000 tons. This action continues to draw attention and concern from neighboring countries and the international community. This time...

2026-07-31

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