USNIC News

USNIC Key Mover Update Terrestrial Energy Achieves Breakthrough with Completion of Molten Salt Reactor Regulatory Review

Terrestrial Energy has achieved a breakthrough in the commercial development of its Integral Molten Salt Reactor (IMSR) power plant, with the Canadian Nuclear Safety Commission’s (CNSC) completion of Phase 2 of the pre-licensing Vendor Design Review (VDR). This is the first advanced, high-temperature fission technology to complete a review of this type.

April 18, 2023
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USNIC Key Mover Update Tennessee Valley Authority, Ontario Power Generation, and Synthos Green Energy Invest in Development of GE Hitachi Small Modular Reactor Technology

GE Hitachi Nuclear Energy (GEH), Tennessee Valley Authority (TVA), Ontario Power Generation (OPG) and Synthos Green Energy (SGE) are teaming up to advance the global deployment of the GEH BWRX-300 small modular reactor (SMR).

March 23, 2023
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USNIC Key Mover Update Curio Solutions Awarded GAIN Voucher to Advance New Spent Fuel Recycling Process

The Gateway for Accelerated Innovation in Nuclear (GAIN) awarded a voucher today to Curio Solutions to support the development of the company’s new recycling process for spent nuclear fuel. The voucher provides access to the research capabilities and expertise at Idaho National Laboratory (INL) to help advance their project.

March 22, 2023
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USNIC Key Mover Update BWXT Awarded Engineering Contract from GE Hitachi for BWRX-300 Small Modular Reactor

BWX Technologies, Inc. (NYSE: BWXT) today announced an engineering contract awarded by GE Hitachi Nuclear Energy (GEH) for its BWRX-300 small modular reactor (SMR) reactor pressure vessel (RPV).

March 21, 2023
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USNIC Key Mover Update GE Hitachi BWRX-300 Small Modular Reactor Achieves Pre-Licensing Milestone in Canada

GE Hitachi Nuclear Energy (GEH) today announced that its BWRX-300 small modular reactor (SMR) has achieved a significant pre-licensing milestone in Canada with the completion of phases one and two of the Canadian Nuclear Safety Commission’s (CNSC) Vendor Design Review (VDR) process.

March 15, 2023
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USNIC Key Mover Update Urenco USA Will Supply Ultra Safe Nuclear Enriched Uranium Product for Advanced Reactor Deployment

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, and Urenco USA, operated by Louisiana Energy Services LLC, the only U.S. commercial producer supplying uranium enrichment services, announced an enrichment services supply agreement as part of the fuel supply program for USNC’s Micro-Modular™ Reactor (MMR®).

March 1, 2023
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USNIC Key Mover Update TerraPower Announces List of Future Supplier Opportunities

TerraPower announced today the release of a list of future Request for Proposal (RFP) opportunities for the Natrium Reactor Demonstration Project, being built in Kemmerer, Wyoming.

February 28, 2023
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USNIC Key Mover Update Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

February 10, 2023
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USNIC Key Mover Update Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

Company releases photos of the first U.S.-owned, U.S.-technology enrichment plant to begin production in 70 years

February 10, 2023
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USNIC Key Mover Update Fermi Energia Selects GE Hitachi Nuclear Energy BWRX-300 Small Modular Reactor for Deployment in Estonia

The GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) has been selected by Fermi Energia for potential deployment in Estonia.

February 8, 2023
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USNIC Key Mover Update: GE Hitachi Signs Contract for the First North American Small Modular Reactor

GE Hitachi Nuclear Energy (GEH), Ontario Power Generation (OPG), SNC-Lavalin and Aecon have signed a contract for the deployment of a BWRX-300 small modular reactor (SMR) at OPG’s Darlington New Nuclear Project site. This is the first commercial contract for a grid-scale SMR in North America.

January 27, 2023
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USNIC Key Mover Update: Framatome and Ultra Safe Nuclear to Form a Joint Venture to Manufacture TRISO and FCM Fuel

Framatome and Ultra Safe Nuclear Corporation (USNC) intend to form a joint venture to manufacture commercial quantities of Tri-structural Isotropic (TRISO) particles and Ultra Safe Nuclear’s proprietary Fully Ceramic Micro-encapsulated (FCM®) fuel.

January 26, 2023
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USNIC Key Mover Update: NRC Certifies First U.S. Small Modular Reactor Design

The U.S. Nuclear Regulatory Commission (NRC) issued its final rule in the Federal Register to certify NuScale Power’s small modular reactor. The company’s power module becomes the first SMR design certified by the NRC and just the seventh reactor design cleared for use in the United States. The rule takes effects February 21, 2023 and equips the nation with a new clean power source to help drive down emissions across the country.

January 20, 2023
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USNIC Announces 2023 Board of Directors

January 19, 2023
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USNIC Key Mover Update: GE Hitachi Submits Generic Design Assessment Application in the UK for the BWRX-300 Small Modular Reactor

GE Hitachi Nuclear Energy (GEH) today announced that it has submitted a Generic Design Assessment (GDA) entry application for the BWRX-300 small modular reactor (SMR) to the U.K. Department for Business, Energy and Industrial Strategy.

December 20, 2022
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USNIC Key Mover Update: Holtec Britain Applies to Join UK Government Process for Generic Design Assessment of US-Origin SMR-160 Nuclear Reactor in the United Kingdom

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.

December 19, 2022
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United States Nuclear Industry Council Appoints Todd Abrajano as New President and Chief Executive Officer

December 14, 2022
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USNIC Key Mover Update: Lightbridge Announces Long-Term Strategic Partnership with Idaho National Laboratory

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.

December 12, 2022
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USNIC Key Mover Update: KAIROS POWER SIGNS AGREEMENT TO PRODUCE FUEL FOR HERMES AT LOS ALAMOS NATIONAL LABORATORY

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.

December 8, 2022
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USNIC Key Mover Update: BWXT Starts Production of TRISO Fuel for First U.S. Generation IV Microreactor

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.

December 7, 2022
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USNIC Key Mover Update: X-energy, a Leading Developer of Small Modular Nuclear Reactor and Fuel Technology for Clean Energy Generation, to Go Public via Business Combination with Ares Acquisition Corporation

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.

December 6, 2022
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USNIC Key Mover Update: TerraPraxis Selects Terrestrial Energy Generation IV Nuclear Technology for the Repowering Coal Consortium

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.

November 7, 2022
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USNIC Key Mover Update: TerraPower and PacifiCorp announce efforts to expand NatriumTM technology deployment

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.

October 27, 2022
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USNIC Key Mover Update: BWXT Medical Submits Tc-99m Generator New Drug Application to FDA Copy

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...

September 13, 2022
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USNIC Key Mover Update: NuScale Power, Habboush Group and ENTRA1 form Strategic Alliance Copy

Alliance establishes a “one-stop-shop” for nuclear power asset development, management, financing, investment, and execution

September 7, 2022
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