Summary of China Nuclear Power Tech Virtual Tour Industry Overview - **Industry**: Nuclear Power in China - **Key Companies Invited**: CGN Power, CNNP, Dongfang Electric, Harbin Electric, Neway Valve, Jiangsu Etern, FangDa Carbon, Lianchuang Optoelectronic [1] Core Insights 1. **Positive Installation Trajectory for Nuclear**: - The installation of nuclear power in China is expected to double from 2024, increasing from 4GW to an estimated 8-10GW annually over the next decade [3][10] - The nuclear generation mix is projected to reach 10% by 2035, up from 4% in 2024, driven by favorable policy support [10] 2. **Nuclear Technology Pipeline**: - A clear pipeline for nuclear technology exists over the next 30 years, with Gen. III Hualong One identified as a key enabler for China's nuclear targets by 2035 [4][11] - Gen. III SMR Linglong One and Gen. IV reactors are expected to supplement efforts to meet decarbonization needs and reduce reliance on uranium [4][11] 3. **International Opportunities**: - China is well-positioned to explore overseas opportunities in emerging markets (EM) and developed markets (DM) due to capacity availability and cost competitiveness [5][14] - The Hualong One reactor is targeted at EM countries, while the Linglong One reactor is aimed at DM countries with stable power needs [14] 4. **Cost Competitiveness**: - The upfront investment for Hualong One is estimated at US$2,200-2,600/kW, approximately 60% less than international competitors [14] - China's nuclear sector has achieved a high localization rate for core equipment, reducing supply chain disruption risks [14] 5. **Earnings Elasticity**: - Upstream supply chain players are expected to experience higher earnings elasticity compared to downstream operators, as nuclear installation volumes may be offset by lower on-grid tariffs [15] Additional Insights - **Cautious Outlook for Solar**: - The outlook for solar energy is weaker, with expectations of price cuts and lower capital expenditures due to demand weakness [2][9] - Companies like CNNP are shifting investment preferences towards offshore wind and Eastern solar projects due to changing market conditions [9] - **Investment Thresholds**: - CNNP is reassessing its renewable project pipeline based on regional implementation details, with a minimum return threshold of 6%-7% equity IRR [9] - **Future of Nuclear Fusion**: - Nuclear fusion is considered a strategic national priority for R&D, with potential breakthroughs needed for commercialization [14] This summary encapsulates the key points from the China Nuclear Power Tech Virtual Tour, highlighting the positive outlook for nuclear energy in China, the strategic positioning for international opportunities, and the contrasting challenges faced by the solar energy sector.

President Donald Trump welcomes the Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Mohammed Bin Salman to the White House. The visit is designed to deepen ties between the US and the kingdom, with agreements on security, AI chips, and nuclear technology on the agenda. They are scheduled to have a bilateral lunch and speak to the press. ...

The US will help South Korea build nuclear 'attack' submarines - here's what that means https://t.co/rEjtZoIhnw ...

Trump has given approval for South Korea to build a nuclear-powered submarine in the U.S., granting Seoul a coveted piece of hardware that could rattle China and North Korea—and potentially spark a race by its Asian neighbors to acquire similar technology https://t.co/UY9G7mfykR ...

The AI buildout has lifted the sales and stocks of companies across various sectors, but none have seen their valuations rise as dramatically as power providers, especially start-ups developing novel nuclear technology. https://t.co/SsOrpYbfy7 ...

Core Insights - NANO Nuclear Energy Inc. has been included in Morgan Stanley's National Security Index, highlighting its role in advancing clean energy solutions and nuclear technologies [1][2][3] Company Overview - NANO Nuclear is focused on developing advanced nuclear energy technologies, including microreactors, and aims to become a diversified and vertically integrated company across five business lines: portable microreactor technologies, nuclear fuel fabrication, transportation, applications for space, and consulting services [4][5] Industry Significance - The National Security Index aims to showcase companies that contribute to critical energy and infrastructure technologies, which are essential for U.S. national security [2] - NANO Nuclear's inclusion in the Index reflects its growing importance in enhancing energy sovereignty and national security through advanced nuclear technologies [3] Product Development - The company's flagship project is the KRONOS MMR™ Micro Modular Reactor Energy System, which is currently in the pre-application phase with the U.S. Nuclear Regulatory Commission [5] - Other products in development include the ZEUS™ solid core battery reactor and the portable LOKI MMR™, both representing advancements in clean energy solutions [6] Subsidiaries and Operations - Advanced Fuel Transportation Inc. (AFT), a subsidiary, aims to provide commercial quantities of High-Assay, Low-Enriched Uranium (HALEU) fuel to various sectors, potentially forming a unique vertically integrated nuclear fuel business in North America [7] - HALEU Energy Fuel Inc. (HEF) is focused on developing a domestic HALEU fuel fabrication pipeline for NANO Nuclear's microreactors and the broader advanced nuclear industry [8] - NANO Nuclear Space Inc. (NNS) is exploring commercial applications of micronuclear reactor technology in space, with initial focus on cis-lunar applications [9]

Since America dropped nuclear bombs on Japan 80 years ago, the technology has been central to geopolitical power.But where did the world’s most devastating weapon come from? Listen to “The Bomb”, a special series of our “Babbage” podcast on science and technology https://t.co/NeTOHnhz3D ...

Namibia has approved the country’s bid to join the Nuclear Suppliers Group, a global body that develops rules on the export of nuclear technology and materials to prevent its use in weapons https://t.co/sXCuQEhNqR ...

Is it possible after all that's happened for these two countries to get together in a room and for the US and Iran to to trust one another enough to engage in violent negotiations. Well, you know, in 2015 when we were negotiating the original Iran deal, uh my phrase was always don't trust and verify. Uh and I think that's going to be the the approach here on all sides.So again, I go back to those three strategic uh objectives. uh Iran being able to use nuclear technology peacefully, the West and Israel and ...