We are pleased to announce that Holtec Britain is poised to enter the UK regulatory Generic Design Assessment (GDA) process for SMR-160 in early 2023, enabling start of construction of the first UK unit as early as 2028. Holtec intends to deploy 32 SMR-160s (5.1 GW) in serial production by 2050 to bring reliable and affordable electricity and heat to UK households, businesses, and industrial users.
Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, has entered into landmark agreements with Idaho National Laboratory (INL), in collaboration with the U.S. Department of Energy (DOE), to support the development of Lightbridge Fuel™. The framework agreements use an innovative structure and consist of an “umbrella” Strategic Partnership Project Agreement (SPP) and an “umbrella” Cooperative Research and Development Agreement (CRADA), each with Battelle Energy Alliance, LLC (BEA), DOE’s operating contractor for INL, with an initial duration of seven years.
Building on Kairos Power’s long-term collaboration with Los Alamos National Laboratory, the company has signed an agreement to produce TRISO fuel pebbles for the Hermes demonstration reactor at Los Alamos’ Low Enriched Fuel Fabrication Facility (LEFFF) in New Mexico. This synergistic partnership combines Kairos Power’s expertise in fuel manufacturing with the Laboratory’s facilities and capabilities to realize the first nuclear iteration in Kairos Power’s rapid iterative approach to nuclear fuel development.
BWX Technologies, Inc. (NYSE: BWXT) today with officials from the U.S. Department of Defense, Department of Energy, NASA and Idaho National Laboratory celebrated the landmark production of TRISO nuclear fuel that will power the first microreactor built and operated in the United States.
X Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of small modular nuclear reactors and fuel technology for clean energy generation, and Ares Acquisition Corporation (NYSE: AAC) (“AAC”), a publicly-traded special purpose acquisition company, announced today that they have entered into a definitive business combination agreement.
Terrestrial Energy, an advanced nuclear technology development company, and TerraPraxis, an organization that innovates, designs, and accelerates scalable, equitable climate solutions, have signed a Letter of Intent (LOI) to cooperate on Repowering Coal. Under development by TerraPraxis, Repowering Coal is a program to standardize and systematize the replacement of coal furnaces at existing coal-fired power plants with high-temperature heat supplied by Generation IV nuclear technology.
TerraPower, a nuclear innovation company, and PacifiCorp, a regulated utility, announced today their undertaking of a joint study to evaluate the feasibility of deploying up to five additional Natrium[1] reactor and integrated energy storage systems in the PacifiCorp service territory by 2035.
BWX Technologies, Inc. (NYSE: BWXT) announced today that subsidiary BWXT Medical Ltd. has submitted a new drug application to the U.S. Food and Drug Administration (FDA) to request approval of its technetium-99m (Tc-99m) generator for diagnostic imaging...
Dow (NYSE: DOW), the world’s leading materials science company, and X-energy, a nuclear energy innovation company, today announced that they have signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy's advanced small modular nuclear technology in the U.S...
Curio today announced the signing of a Memorandum of Understanding (MOU) with Lightbridge Corporation (Nasdaq: LTBR) as an industry partner and potential off-taker of products produced through Curio’s TRUfuel™ technology. This collaboration is vital as both Curio and Lightbridge work to develop nuclear technologies that will be key to ushering in the second nuclear era for future generations...
Terrestrial Energy and DL E&C have signed a Memorandum of Cooperation to cooperate in the development and accelerated deployment of the IMSR cogeneration plant in the industrial sector...
Curio today announced the signing of a Memorandum of Understanding (MOU) with Energy Northwest as an industry partner and potential off-taker of products produced through Curio's NuCycle™ nuclear waste recycling process. This MOU is part of Curio’s plans to deploy the Nation’s first state-of-the-art commercial nuclear fuel recycling facility that will provide a variety of in-demand commodities and products including domestically produced low-enriched uranium (LEU) nuclear fuel for the current U.S. fleet of nuclear reactors as well as HALEU (high-assay low-enriched uranium) and transuranic based TRUfuel™ for advanced reactors under development...
The GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) has been selected by SaskPower for potential deployment in the mid-2030s...
Maryland-based X-energy and the Maryland Energy Administration (MEA) have teamed up to explore opportunities to create jobs and develop clean, zero-carbon energy within the state of Maryland. MEA has awarded grants to X-energy and Frostburg State University to work together to evaluate the economic viability and social-economic advantages of repurposing a specific Maryland coal-fired electric generating facility with X-energy’s Xe-100, an advanced small modular nuclear reactor. A joint analysis of the findings will be delivered to MEA later this year...
BWX Technologies, Inc. (NYSE: BWXT) will build the first advanced nuclear microreactor in the United States under a contract awarded by the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO). The Project Pele full-scale transportable microreactor prototype will be completed and delivered in 2024 for testing at the Idaho National Laboratory...
GEH SMR Technologies Canada, Ltd. (GEH SMR Canada) and the Saskatchewan Industrial and Mining Supplier’s Association (SIMSA) have agreed to cooperate to support the potential deployment of the BWRX-300 small modular reactor (SMR) in Saskatchewan...
BETHESDA, Md., May 23, 2022 – Orano TN Americas, a subsidiary of Orano NPS, signed a Memorandum of Understanding (MOU) with SeAH Besteel Co., Ltd., and KEPCO E&C on Monday, May 16, to strengthen mutual cooperation with the intent to develop a successful business serving South Korea’s current and future needs for the secure management of used nuclear fuel in dry storage...
GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced expanded services and modules for its leading TSM Enterprise™ platform, with three focus areas for plant performance optimization, real-time component monitoring, and dynamic simulation, along with numerous new support module upgrades...
KAIROS POWER JOINS WITH BRUCE POWER, CONSTELLATION, SOUTHERN COMPANY AND TVA TO FORM ADVANCED NUCLEAR DEVELOPMENT CONSORTIUM ALAMEDA, Calif. – April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include:...
NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, and Spring Valley Acquisition Corp. (NASDAQ: SV, SVSVW) (“Spring Valley”), a publicly traded special purpose acquisition company, today announced that Nucor Corporation (NYSE: NUE) (“Nucor”) has committed to a $15 million private investment in public equity (“PIPE”) in furtherance of the NuScale-Spring Valley business combination. This increases the total PIPE commitment for this transaction to $236 million...
“Our team has been working on this application for over three years, putting our all into this process to ensure we meet each and every requirement associated with operating a HALEU and TRistructural ISOtropic (TRISO) based fuel facility, from receipt of incoming uranium to processing and shipping of final product fuel elements,” said Dr. Pete Pappano, President of TRISO-X. “In the end, it all came together in a series of documents that we’ve submitted to the NRC, with a great amount of pride.”...
