Duke Energy (NYSE: DUK), Amazon, Google, Microsoft and Nucor today announced agreements to explore new and innovative approaches to support carbon-free energy generation and help utilities serve the future energy needs of large businesses in North Carolina and South Carolina. The announcement was made at the White House Summit on Domestic Nuclear Deployment.
Last Energy, a Washington, D.C.-based startup that builds micro-nuclear power plants, announced today a partnership with the NATO Energy Security Centre of Excellence (ENSEC COE) to jointly research military applications for micro-nuclear power technologies and explore opportunities for future deployment on NATO military installations.
Deep Isolation, the leading global innovator in nuclear waste storage and disposal solutions, today announced the appointment of Rod Baltzer as its new Chief Executive Officer (CEO), effective June 1st, 2024. Baltzer will succeed Elizabeth Muller, who will transition to the role of Executive Chair of the Board.
The Biden-Harris Administration is today hosting a White House Summit on Domestic Nuclear Deployment, highlighting the collective progress being made from across the public and private sectors.
The UK will be the first European nation to produce advanced nuclear fuel – a market currently dominated by Russia – to help fuel nuclear power plants at home and abroad. This is part of the government plan to push Putin out of the global energy market and drive down energy bills.
NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”) today announced the pricing of its initial public offering of 2,562,500 shares of its common stock at a price to the public of $4.00 per share, less underwriting discounts and commissions. The sole book-running manager of the offering will have a 30-day option to purchase up to an additional 384,375 shares of common stock from NANO Nuclear at the initial public offering price, less underwriting discounts and commissions.
BWX Technologies, Inc. (NYSE: BWXT) announced today an investment to expand its Cambridge manufacturing plant. Already one of the largest nuclear commercial manufacturing facilities in North America, the site’s increased footprint will enable greater capacity to support ongoing and anticipated customers’ investments in Small Modular Reactors, traditional large-scale nuclear and advanced reactors, in Canada and around the world.
Rueil-Malmaison, France; Charlotte, NC – April 24, 2024 – Terrestrial Energy, a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology for industrial heat and power supply, and Schneider Electric, a Fortune Global 500 supplier of digital control systems for energy management, have signed a Memorandum of Understanding (MOU) to jointly develop commercial opportunities and advance the deployment of IMSR plants.
The U.S. Department of Energy (DOE) today released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would create additional higher paying jobs at the plant, create hundreds of additional jobs locally, and spur millions of dollars in increased revenues and economic activity in the host community. Importantly, it also found that, with planning and support for training, most workers at an existing coal plant should be able to transition to work at a replacement nuclear plant.
TerraPower announced today the submission of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the Natrium reactor demonstration project. TerraPower is the first to submit its construction permit application for a commercial advanced reactor to the NRC.
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear technology solutions, with a focus on addressing the nuclear waste challenge and accelerating progress in the second nuclear era®.
Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Environment and Public Works (EPW) Committee, and U.S. Senator Tom Carper (D-Del.), Chairman of the EPW Committee, released the following statement on the inclusion of an extension of the Price-Anderson Act in the package of six fiscal year 2024 appropriations bills.
The Philippine Nuclear Research Institute (PNRI) and Curio Legacy Ventures, Inc. (Curio) have signed a Memorandum of Understanding (MOU) on March 4, 2024, solidifying their collaboration in nuclear energy research for peaceful purposes. This partnership aims to advance research, technology exchange, and capacity-building initiatives within the nuclear energy sector, contributing to global sustainable development efforts.
General Atomics (GA) announced today that it has signed a Memorandum of Understanding (MOU) with the Emirates Nuclear Energy Corporation (ENEC) to investigate collaborative project opportunities to support United Arab Emirates (UAE) nuclear energy programs. Representatives from both companies signed the MOU while attending the CERAWeek Conference in Houston, TX.
Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced it had achieved a critical milestone in developing its cutting-edge fuel technology designed to offer improved economics and higher levels of safety than conventional nuclear fuel. Idaho National Laboratory (INL) has extruded coupon samples of Lightbridge Fuel™ material consisting of an alloy of depleted uranium and zirconium. The extrusion process involves pressing a metallic alloy billet through a die.
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, today opened the first training center for future operators of its Xe-100 advanced small modular reactor. Called the Plant Support Center (“PSC”), the 10,000 square foot state-of-the-art facility includes a full-scale plant control room simulator, Reactor Protection System prototype, and virtual reality experience, as well as offices and classrooms.
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.
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.
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.
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.
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.
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.
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.
