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8 news articles found
South Korea's Hyundai Engineering & Construction, the USA's Holtec International and British construction company Balfour Beatty and engineering firm Mott McDonald have agreed to cooperate on Holtec's bid to construct a small modular reactor in the UK.
- Source: World Nuclear News
- Date: Thursday, 07 March 2024
- Original article: world-nuclear-news.org/Articles/Team-Holtec-partners-with-British-firms-to-advance
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
US-based X-Energy Reactor Company and publicly-traded special purpose acquisition company Ares Acquisition Corporation (AAC), have mutually agreed to terminate their previously announced business combination agreement with immediate effect. Over the course of 2023, X-energy received strong interest from potential investors. However, X-energy and AAC agreed not to proceed with the transaction citing “challenging market conditions, peer-company trading performance and a balancing of the benefits and drawbacks”.
- Source: NEI Magazine
- Date: Saturday, 04 November 2023
- Original article: neimagazine.com/news/newsbusiness-complications-for-smr-companies-x-energy-and-nuscale-11268599
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
South Korean national financial institutions K-Sure (Korea Trade Insurance Corporation) and Kexim (Export-Import Bank of Korea) have both signed agreements with US-based Holtec International and Korea’s Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.
- Source: NEI Magazine
- Date: Wednesday, 10 May 2023
- Original article: neimagazine.com/news/newsholtec-and-hyundai-win-korean-financial-support-for-smr-160-10831816
Two South Korean national financial institutions - Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM) - have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.
- Source: World Nuclear News
- Date: Thursday, 04 May 2023
- Original article: world-nuclear-news.org/Articles/Team-Holtec-signs-agreements-with-Korean-financial
The Nuclear Energy Agency (NEA) has recently published a 73-page study, 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: Wednesday, 22 March 2023
- Original article: neimagazine.com/news/newssmr-development-tracked-by-nea-and-iaea-studies-10691068
US nuclear fuel developer Lightbridge Corporation has completed work in collaboration with Pacific Northwest National Laboratory (PNNL) to support the development of Lightbridge Fuel. The work was carried out under the US Department of Energy’s (DOE’s) Gateway for Accelerated Innovation in Nuclear (GAIN) voucher programme.
- Source: NEI Magazine
- Date: Friday, 03 March 2023
- Original article: neimagazine.com/news/newsus-pacific-northwest-national-laboratory-supports-development-of-lightbridge-fuel-10644641