USNIC News

New Study Reveals Remarkable Economic Impact of Nuclear Industry in Southeast United States

CHARLOTTE, N.C. – A groundbreaking study, The Economic Impact of the Nuclear Industry in the Southeast United States, released by the Southeast Nuclear Advisory Council and conducted by E4 Carolinas, reveals the Southeastern United States as a pivotal region in the global nuclear industry. The study presents a comprehensive analysis of the economic impacts of the nuclear energy sector in the five-state region consisting of Georgia, North Carolina, South Carolina, Tennessee, and Virginia.

February 20, 2024
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The USNIC Announces New Back-End Working Group Leadership

Today, U.S. Nuclear Industry Council (USNIC) announced new leadership for their Back-End Working Group. Rod Baltzer is the new Chair, succeeding Bret van den Akker and Jimmy Toliuszis as Vice-Chair.

February 9, 2024
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USNIC Update: U.S. Nuclear Industry Council's Board of Directors Elects Jeff Merrifield as Chair

The U.S. Nuclear Industry Council (USNIC) has elected Jeff Merrifield to serve as Chair of its Board of Directors. Merrifield is the Nuclear Energy practice leader at Pillsbury.

February 8, 2024
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USNIC Key Mover Update Fermi Energia selects Deep Isolation as its technology provider for spent fuel disposal

an Estonian company pioneering the use of Small Modular Reactor (SMR) technology to support energy security and a net-zero energy market for Estonia, today announced that it has selected Deep Isolation’s technology as its solution for storage and disposal of SMR spent fuel. The two companies today have entered into a Memorandum of Understanding (MOU) to jointly drive forward the development of SMRs in Estonia supported by a safe and scalable solution for the resulting spent fuel.

February 7, 2024
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USNIC Key Mover Update TerraPower Awards Second Round of Contracts for NatriumTM Reactor Vendors

TerraPower has awarded supplier contracts to five companies to support the Natrium Reactor1 Demonstration Project

February 7, 2024
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USNIC Key Mover Update Idaho National Laboratory Completes Pre-Conceptual Review of NANO Nuclear Energy’s Proprietary Low-Pressure Coolant Microreactor “ODIN”

NANO Nuclear Energy Inc. ("NANO Nuclear"), an emerging microreactor and advanced nuclear technology company, led by a world-class nuclear engineering team developing proprietary, portable, and clean energy solutions, announced that Idaho National Laboratory (INL) has completed a pre-conceptual design review of NANO Nuclear’s “ODIN” low-pressure coolant microreactor design.

February 5, 2024
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USNIC Key Mover Update GE Vernova’s Nuclear business, GE Hitachi, selected for UK Future Nuclear Enabling Fund

GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), today welcomed confirmation it has been awarded a £33.6 million UK Future Nuclear Enabling Fund (FNEF) grant from the Department for Energy Security & Net Zero (DESNZ). The UK Government has ambitions for 24 GW of nuclear by 2050 to help in providing energy security for the UK and for meeting net zero.

January 25, 2024
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USNIC Key Mover Update TerraPower Isotopes Distributes First Samples of Actinium-225

Today, TerraPower announced that the TerraPower Isotopes team has distributed the first samples of Actinium-225[1] to two pharmaceutical companies. Actinium-225 from TerraPower will be used as a starting material by these pharmaceutical companies for research and development of advanced, targeted cancer treatments and in drug trials involving targeted alpha therapy in multiple disease areas.

January 24, 2024
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USNIC Key Mover Update X-energy Successfully Completes Canadian Pre-Licensing Milestone for the Xe-100 Advanced Small Modular Reactor

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, announced that it has successfully completed milestones in the Canadian Nuclear Safety Commission’s (“CNSC”) pre-licensing Vendor Design Review (“VDR”). The Company submitted the design of its Xe-100 advanced small modular reactor to CNSC for a combined Phase 1 and 2 VDR process. Upon completion of these phases, CNSC concluded there are no fundamental barriers to licensing the Xe-100, an outcome that increases confidence in proceeding with formal license applications in Canada.

January 17, 2024
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USNIC Key Mover Update NAC International Receives U.S. NRC Approval for the OPTIMUS-L to Transport HALEU TRISO Contents

NAC International Inc. (NAC) has received approval from the U.S. Nuclear Regulatory Commission (NRC) for its patented OPTIMUS®-L packaging system (U.S. Pat. No. 11,373,773) to contain and transport High-Assay Low-Enriched Uranium (HALEU) TRISO fuel, which will be used in advanced reactors. This is the first time the NRC has licensed high-capacity packagings (>500 lb payload) of HALEU TRISO fuel in the U.S. and lays the foundation for future licensing of NAC’s OPTIMUS systems to carry other HALEU contents.

January 9, 2024
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USNIC Key Mover Update Pelican Energy Partners Announces Acquisition of Container Technologies Industries, LLC

Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce the acquisition of Container Technologies Industries, LLC from a group of private shareholders. CTI is based in Helenwood, Tennessee and is a manufacturer of containment solutions for the nuclear industry. CTI is a certified HUBZone small-business whose customers include the U.S. Department of Energy, the U.S. Department of Defense and the commercial-nuclear industry.

January 8, 2024
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USNIC Key Mover Update International Nuclear Energy Leader to Expand Facility in Virginia

Framatome to invest $49.4 million in City of Lynchburg facility, creating 515 new jobs

December 14, 2023
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USNIC Key Mover Update NUCLEAR REGULATORY COMMISSION APPROVES CONSTRUCTION PERMIT FOR HERMES DEMONSTRATION REACTOR

The U.S. Nuclear Regulatory Commission (NRC) has voted to issue a construction permit to Kairos Power for the Hermes demonstration reactor to be built at the Heritage Center Industrial Park in Oak Ridge, Tennessee. A critical step on Kairos Power’s iterative pathway to commercializing its advanced reactor technology, the Hermes reactor will demonstrate the company’s ability to deliver clean, safe, and affordable nuclear heat.

December 12, 2023
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USNIC Key Mover Update Curio and Deep Isolation Sign MOU to Advance Nuclear Waste Disposal Technologies

Curio, a trailblazer in nuclear technology solutions, and Deep Isolation, an innovator in nuclear waste disposal, have entered into a Memorandum of Understanding (MOU) to collectively drive forward the development of advanced technologies for efficient and secure disposal of high-level nuclear waste (HLW).

December 7, 2023
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USNIC Key Mover Update TRIGA International To Supply Fuel for MARVEL Microreactor

Contract advances microreactor test bed at Idaho National Laboratory

December 5, 2023
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USNIC Key Mover Update TerraPower and ENEC announce MOU to explore Natrium™ technology deployment

The organizations are exploring the potential for the global commercialization of Natrium reactors.

December 4, 2023
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USNIC Key Mover Update Framatome Inc. and Ultra Safe Nuclear Corporation execute an agreement to establish a joint venture to manufacture fourth-generation reactor fuel

Framatome Inc. (Framatome) and Ultra Safe Nuclear Corporation (USNC) today signed an agreement to establish a joint venture (JV) at the World Nuclear Exhibition in Paris, France. This JV will provide nuclear fuel for the fourth generation Micro-Modular™ Reactor (MMR®) and other advanced reactor designs. The fuel supply will include commercial quantities of Tri-structural Isotropic (TRISO) particles and USNC’s proprietary Fully Ceramic Microencapsulated (FCM®) fuel.

November 28, 2023
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USNIC Key Mover Update Pelican Energy Partners Announces Acquisition of Springs Advanced Technology Group from Machine Build Technologies

Pelican Energy Partners Base Zero LP ("Pelican") is pleased to announce that it has acquired Springs ATG, LLC ("Springs ATG") from Machine Build Technologies. In conjunction with the transaction, Springs ATG will be rebranded as Advanced Technology Group ("ATG" or the "Company"). ATG is based in Westminster, Colorado and is a manufacturer of containment solutions, including gloveboxes, for the nuclear industry. The Company's containment solutions are used in multiple applications to facilitate life extension of nuclear power plants across North America, as well as enabling the nascent SMR/Advanced Reactor industry.

November 21, 2023
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USNIC Key Mover Update Centrus Makes First HALEU Delivery to U.S. Department of Energy

Today, Centrus Energy Corp. announced that it has made its first delivery of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, completing Phase One of its contract with the Department by successfully demonstrating its HALEU production process. Centrus will now move on to Phase Two of the contract – requiring a full year of HALEU production at the rate of 900 kilograms per year at its American Centrifuge Plant in Piketon, Ohio.

November 7, 2023
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USNIC Key Mover Update Orano Announces 30% Increase in Uranium Enrichment Capacity by 2028

$1.8 Billion investment at Orano’s Georges Besse 2 Enrichment facility in France.

October 26, 2023
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USNIC Key Mover Update NASA Announces Nuclear Thermal Propulsion Reactor Concept Awards

NASA is leading an effort, working with the Department of Energy (DOE), to advance space nuclear technologies. The government team has selected three reactor design concept proposals for a nuclear thermal propulsion system. The reactor is a critical component of a nuclear thermal engine, which would utilize high-assay low-enriched uranium fuel.

October 18, 2023
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USNIC Key Mover Update USNC Awarded $5M NASA Nuclear Propulsion Contract

Ultra Safe Nuclear Corporation (USNC), a leader in nuclear energy innovation, is pleased to announce that it has been awarded a contract by NASA to develop and mature Nuclear Thermal Propulsion (NTP) systems for the advancement of America’s civil science and cislunar capabilities. This contract, which will see NTP move from the paper phase into hardware, is a testament to USNC’s capabilities on the leading edge of advanced reactor design and manufacturing.

October 17, 2023
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USNIC Key Mover Update HALEU Demonstration Project Starts Enrichment Operations in Ohio

American Centrifuge Operating (ACO), a subsidiary of Centrus Energy Corp, started enrichment operations for the first time at the U.S. Department of Energy’s (DOE) enrichment facility in Piketon, Ohio.

October 12, 2023
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USNIC Key Mover Update Denetek to Develop Private Small Modular Nuclear Reactors in Ukraine and Support Wider Eastern European Adoption

Denetek’s plan could fortify energy security and decarbonization in Ukraine and regionally SMRs will be deployed on a number of current DTEK thermal power plant sites Denetek is in advanced talks with SMR vendors to select the most advantageous technology for safe, cost-effective, and rapid deployment Denetek is leveraging industry research and expertise from EPRI to develop tailored technology solutions.

October 5, 2023
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USNIC Key Mover Update BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming

Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements

September 12, 2023
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