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Under a new business plan, Norwegian nuclear project developer Norsk Kjernekraft says it plans to construct off-grid small modular reactors in industrial areas where both reliable power and access to heat are needed.

Date: Saturday, 18 May 2024
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Thailand’s Global Power Synergy Public Company Limited (GPSC) has signed a memorandum of understanding (MOU) with Denmark's Seaborg Technologies to investigate the potential deployment of its compact molten salt reactor (CMSR) Power Barge in Thailand. Under the MOU, GPSC, a subsidiary of Thai state-owned oil and gas company PTT Group, and Seaborg will assess how the CMSR Power Barge could support Thailand’s transition to net-zero. The four-year assessment will be used to develop an initial project on whether deployment of the CMSR Power Barge is feasible and commercially viable.

Date: Friday, 03 May 2024
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US-based Terrestrial Energy has signed a memorandum of understanding (MOU) with Schneider Electric to jointly develop commercial opportunities and advance the deployment of Terrestrial’s Integral Molten Salt Reactor (IMSR) technology for industrial heat and power supply. Schneider Electric systems automate and optimise energy management for improved performance, efficiency, and contribute to the commercial and sustainability goals of its customers.

Date: Thursday, 02 May 2024
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Terrestrial Energy has signed an agreement with Schneider Electric to collaborate on developing zero-carbon energy solutions for industrial facilities and large data centres based on Terrestrial's Integral Molten Salt Reactor, while L&H Industrial, Inc and BWXT Advanced Technologies LLC are to work together on the potential deployment of BWXT's Advanced Nuclear Reactor to provide heat and power for industrial users, beginning in Wyoming.

Date: Friday, 26 April 2024
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Swedish company Blykalla, formerly called Leadcold, has announced the closure of its latest funding round to support its lead-cooled SMRs, raising a total of SEK80m ($7.3m). The round was led by Norrsken Launcher together with Nucleation Capital, with participation from Earth Venture Capital, Farvatn, and several private investors.

Date: Saturday, 20 April 2024
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The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding (MOU) with US-based General Atomics (GA) agreeing to work together to identify opportunities to collaborate on the use of advanced technologies and materials for nuclear energy supply. They will also cooperate on prospects to use ENEC’s experience in developing new nuclear builds as well as investments in GA’s advanced non-light water reactors, material production and 3D manufacturing capabilities.

Date: Wednesday, 27 March 2024
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Reporting its fourth quarter and full year results for 2023, US-based NuScale Power said progress continued toward “commercialisation of small modular reactor (SMR) technology to meet consumer demand for safe, reliable, 24/7 and carbon-free baseload energy”.

Date: Wednesday, 20 March 2024
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The AED 8.89bn ($2.42bn) refinancing of the Barakah NPP project in Abu Dhabi, announced in 2023, has been recognised as a Green Loan Facility. The Emirates Nuclear Energy Corporation (ENEC) said this “underscores nuclear energy’s major contribution to powering the UAE’s green economy and energy transition strategy through clean, carbon emissions-free electricity”.

Date: Saturday, 16 March 2024
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The Emirates Nuclear Energy Corporation (ENEC) has announced that its operating and maintenance subsidiary, Nawah Energy Company, has successfully launched the reactor of unit 4 of the Barakah NPP in the Al Dhafra Region of Abu Dhabi. This marks its initial production of heat through nuclear fission, used for generating electricity by turning a turbine with steam. In the coming weeks, unit 4 will be linked to the national electricity grid and will gradually increase its power output to full capacity.

Date: Wednesday, 06 March 2024
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