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...
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...
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...
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:...
“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.”...
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...
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, recently signed several follow-on agreements with nuclear utility clients, reinforcing GSE’s role as a valuable partner for those navigating the zero carbon energy landscape...
On March 9, 2022, the U.S. Department of Energy (DOE) approved Part I of Holtec International’s loan application for building small modular reactors (SMRs) and invited the company to apply for a federal loan to help build four SMR-160s and to expand the company’s manufacturing capacity to build the first wave of nuclear reactors in large numbers...
TerraPower and Southern Company recently finalized a subrecipient agreement to design, construct and operate the Molten Chloride Reactor Experiment (MCRE) – the world’s first critical fast-spectrum salt reactor – at Idaho National Laboratory (INL)...
Oklo Inc. and Argonne National Laboratory (Argonne) have signed an agreement to formalize both parties’ commitment to commercializing advanced fuel recycling technology. The partnership is an outcome of a cost-share project awarded by the U.S. Department of Energy (DOE) Technology Commercialization Fund (TCF), authorized in the Energy Policy Act of 2005. The TCF is a nearly $30 million funding opportunity that leverages R&D funding in the applied energy programs to mature promising energy technologies with the potential for high impact...
TerraPower today announced that it has signed a memorandum of understanding with the Japan Atomic Energy Agency (JAEA), Mitsubishi Heavy Industries and Mitsubishi FBR Systems to share data and resources related to the development of advanced sodium fast reactor (SFR) technology...
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 overall decarbonization initiatives of the power industry, is proud to announce that our long standing 10-year relationship with NuScale Power has resulted in the delivery of their three Energy Exploration (E2) Centers which employ GSE Solutions’ state-of-the-art simulation technology...
BWX Technologies, Inc. (NYSE: BWXT) has reached a critical milestone in the nation’s pursuit of space nuclear propulsion by delivering coated reactor fuels to NASA in support of its space nuclear propulsion project within the agency’s Space Technology Mission Directorate...
The Nuclear Regulatory Commission (NRC) approved the transfer of the Palisades Power Plant to Holtec International after the facility permanently shuts down in the spring of 2022. The approval also allows the transfer of Entergy’s decommissioned Big Rock Point facility near Charlevoix, Michigan, where only the Independent Spent Fuel Storage Installation (ISFSI) remains. The NRC review confirmed that Holtec met the regulatory, legal, technical and financial requirements to merit qualification as the successor licensee of the plant...
Wilmington, Delaware (Monday, December 6, 2021) – Moltex Energy is delighted to join the United States Nuclear Industry Council (USNIC), the leading U.S. business advocate for advanced nuclear energy. Moltex is equally pleased to share its crowdfunding success story during USNIC’s New Nuclear Capital event on December 8-9 (NNC2021)...
