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The Nuclear Energy Agency (NEA) has published the second edition of its Small Modular Reactor Dashboard which tracks the progress of selected small modular reactor (SMR) designs towards deployment. NEA says the SMR designs are at various stages of development, from fundamental research on new concepts to commercial deployment and operation of mature designs.
- Source: NEI Magazine
- Date: Saturday, 02 March 2024
- Original article: neimagazine.com/news/newsnea-launches-second-edition-of-its-small-modular-reactor-dashboard-11561305
The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
China’s FDS consortium is currently working on projects to develop a family of reactors that use heavy metal as a coolant, Dr Liu Chao of the International Academy of Neutron Sciences in Chongqing told the Sixth International Scientific & Technical Conference on Innovative Designs and Technologies of Nuclear Power (ISTC NIKIET – 2023). During the plenary session of the conference held at Russia’s NA Dollezhal Scientific Research & Design Institute of Power Engineering (NIKIET), Dr Liu explained that neutron sources are the important experimental platform for the R&D of advanced nuclear energy and nuclear technology applications.
- Source: NEI Magazine
- Date: Wednesday, 17 January 2024
- Original article: neimagazine.com/news/newschina-outlines-heavy-metal-coolant-reactor-projects-11439144
US-based NuScale is laying off 28% of its workforce in a decision taken at a virtual all-hands meeting. A NuScale statment confirmed the details of the layoffs. NuScale’s stock price subsequently fell by more than 8% as investors sold off shares.
- Source: NEI Magazine
- Date: Wednesday, 10 January 2024
- Original article: neimagazine.com/news/newsnuscale-lays-off-almost-half-its-workforce-11422870
Over the last several years evidence has been mounting that a large expansion of nuclear energy capacity is indispensable for keeping global warning within 1.5°C limits. Multiple studies have confirmed that, contrary to the claims by “all-renewables” zealots, no single group of technologies can enable a timely and cost-efficient energy transition, and a diversified energy mix of low-carbon sources, including both intermittent renewables and nuclear, is needed to achieve net-zero by 2050. The most recent estimates suggest that the global nuclear energy installed capacity needs to increase 2.5-3 times from the current 370 GW to between 916 GWe and 1,160 GW by 2050.
- Source: NEI Magazine
- Date: Thursday, 28 December 2023
- Original article: neimagazine.com/news/newsglobal-smr-buildout-needs-a-new-marshall-plan-11398436
A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683
Contracts could be finalised within next year and new unit ready for trial operation in 2036
- Source: Nucnet
- Date: Wednesday, 01 November 2023
- Original article: nucnet.org/news/three-final-bids-confirmed-for-up-to-four-new-nuclear-reactors-10-2-2023
ARC Clean Technology Supply Chain Manager, Anthony Jackman says the procurement process for long-lead items for the ARC-100 commercial demonstration unit at Canada’s Point Lepreau Nuclear Generating Station, such as the reactor vessel and intermediate heat exchangers, will begin in 2024. Contract awards are expected in the latter part of 2025 and the procurement schedule for other items will follow, he told “New Brunswick SMRs: A Collaborative Journey Towards Net Zero”. The meeting was a supply chain event for New Brunswick small modular reactor (SMR) industry leaders, government officials and experts hosted by Opportunities New Brunswick.
- Source: NEI Magazine
- Date: Wednesday, 11 October 2023
- Original article: neimagazine.com/news/newsprocurement-of-long-lead-components-to-begin-for-arc-100-smr-11206721
The UK Department for Energy Security & Net Zero (DESNZ) and Great British Nuclear (GBN) have selected six companies to advance to next phase of the small modular reactor (SMR) competition for innovative nuclear technologies.
- Source: NEI Magazine
- Date: Friday, 06 October 2023
- Original article: neimagazine.com/news/newsuk-selects-six-companies-for-next-stage-of-smr-competition-11196025
Innovation has been, and will continue to be, an essential driver in propelling the nuclear energy sector forward - but the industry must be prepared to embrace innovation in all areas, not just technological innovations. These were the messages from speakers in the high-level closing panel at the International Atomic Energy Agency's (IAEA's) Scientific Forum 2023.
- Source: World Nuclear News
- Date: Thursday, 28 September 2023
- Original article: world-nuclear-news.org/Articles/Innovation-is-driving-nuclear-optimism,-panel-find