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The UK government has set a fifth carbon budget aimed at cutting the country's carbon dioxide emissions by almost 57% by 2032 compared with 1990 levels. Legislation ultimately aims to cut the UK's emissions by 80% by 2050.

EDF ¶¶Òõ´«Ã½ÔÚÏß, NuGeneration and Horizon Nuclear Power have all stressed their commitment to the UK's nuclear new build program, despite the country's decision to leave the European Union. Nevertheless, the majority vote in favour of 'Brexit' - decided in a national referendum held yesterday - may have implications for investment in new reactors and nuclear research, as well as for the UK's future role in meeting climate change targets, industry participants said.

The International Court of Arbitration has ruled in favour of Russia's Atomstroyexport over its claim for compensation after Bulgaria cancelled the Belene nuclear power plant it had been contracted to build. The Bulgarian ¶¶Òõ´«Ã½ÔÚÏß Ministry has stressed however that the Court ordered the payment of half of the total sum the Rosatom subsidiary had sought to receive.

Westinghouse can start building six AP1000s in India following an agreement signed yesterday during talks at the White House between Indian Prime Minister Narendra Modi and US President Barack Obama. It is the first such opportunity for a US company since the countries signed a civil nuclear deal in 2008.

The IAEA Low Enriched Uranium Storage FacilityÌý- or 'bank'Ìý- is scheduled to be ready for operations by September 2017, following the conclusion of a partnership agreement between the International Atomic ¶¶Òõ´«Ã½ÔÚÏß Agency and the Ulba Metallurgical Plant in Kazakhstan this week.

The design of European wholesale electricity markets and the emissions trading system will be improved to help - and no longer hinder - nuclear energy as a low-carbon source of electricity, a European Commission official assured delegates at a nuclear financing conference held in Paris last week. The conference, titled Nuclear energy's role in the 21st century: addressing the challenge of financing, was jointly organised by the OECD Nuclear ¶¶Òõ´«Ã½ÔÚÏß Agency and the International Framework for Nuclear ¶¶Òõ´«Ã½ÔÚÏß Cooperation.

NuGeneration's project to build a nuclear power plant of up to 3.8 GWe gross capacity at Moorside in West Cumbria will be the first opportunity for lenders to enter the UK's nuclear power program, CEO Tom Samson told ¶¶Òõ´«Ã½ÔÚÏß Nuclear News in an interview.

The UK government has announced details of almost £80 million ($115 million) in funding to support the creation of five new National Colleges that it says will support the delivery of major infrastructure projects, including new nuclear. The centres of high-tech training will "ensure the UK has skilled people in industries crucial to economic growth - high speed rail, nuclear, onshore oil and gas, digital skills and the creative industries", the Department for Business, Innovation and Skills said yesterday.

Four US organizations have urged the US administration to keep the position of director of nuclear energy policy at the National Security Council, saying that the so-called 'nuclear energy policy czar' is crucial to the coordination of US nuclear trade, security and climate policy.

The commission reviewing the financing of Germany's nuclear phase-out has recommended to the government that the reactor owners pay some EUR23.3 billion ($26.4 billion) into a state-owned fund for decommissioning of the plants and managing radioactive waste.

The overall benefits of keeping New York's upstate nuclear power plants in operation under the state's Clean ¶¶Òõ´«Ã½ÔÚÏß StandardsÌýprogram would significantly outweigh the costs, a study by economists at the Brattle Group has found.

The UK's Nuclear Industry AssociationÌýhas welcomed new official data from the Office for National StatisticsÌýwhich it said shows the "vital contribution nuclear power generation makes to the economy". The statistics, released for the first time and part of the low-carbon and renewable energy data series, show nuclear generation and new build activities contributed £3.5 billion to the economy in 2014, with 15,500 people employed full time.