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US-based X Energy has been awarded $148.5m in tax credit for the construction by its wholly-owned subsidiary, TRISO-X, of a first-of-a-kind advanced nuclear fuel fabrication facility (TX-1) in Oak Ridge, Tennessee. The award is funded by the Inflation Reduction Act of 2022 and is part of the Qualifying Advanced Energy Project Tax Credit programme jointly administered by the US Department of Energy (DOE), Department of the Treasury, and Internal Revenue Service.
- Source: NEI Magazine
- Date: Friday, 26 April 2024
- Original article: neimagazine.com/news/newsx-energy-awarded-federal-tax-credit-for-triso-fuel-facility-11713198
A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.
- Source: World Nuclear News
- Date: Thursday, 25 April 2024
- Original article: world-nuclear-news.org/Articles/X-energy-awarded-federal-tax-credit-for-TRISO-fuel
US companies Ultra Safe Nuclear Corp. (USNC) and Peregrine Turbine Technologies (PTT) are to collaborate with the aim of integrating USNC’s Pylon reactor with PTT’s patented supercritical CO2 (sCO2) energy conversion system and advanced heat exchanger technologies. This partnership “focuses on enhancing clean energy generation through advanced nuclear and turbine technologies”.
- Source: NEI Magazine
- Date: Friday, 19 April 2024
- Original article: neimagazine.com/news/newsusnc-and-peregrine-collaborate-on-advanced-energy-systems-11696106
Days after announcing the start of accelerated irradiation testing and qualification of its patented ANEEL thorium and high-assay low-enriched uranium (HALEU) fuel at Idaho National Laboratory, Clean Core Thorium Energy announced it has completed the first phase of the Canadian nuclear regulator's pre-licensing review process.
- Source: World Nuclear News
- Date: Thursday, 11 April 2024
- Original article: world-nuclear-news.org/Articles/Licensing-and-testing-progress-for-innovative-thor
Dutch specialty metals company AMG Critical Materials NV has created a new company - named NewMOX SAS - to develop commercial facilities for the production of mixed plutonium-uranium oxide (MOX) fuel using AMG's sintering furnace systems.
- Source: World Nuclear News
- Date: Saturday, 06 April 2024
- Original article: world-nuclear-news.org/Articles/AMG-forms-new-company-to-promote-MOX-technology
The company says its application to build the Natrium reactor demonstration project is the first construction permit application for a commercial advanced reactor to be submitted to the US Nuclear Regulatory Commission. Non-nuclear construction will begin this summer.
- Source: World Nuclear News
- Date: Wednesday, 03 April 2024
- Original article: world-nuclear-news.org/Articles/TerraPower-submits-application-to-build-Natrium-re
US-based Global Laser Enrichment (GLE), jointly owned by Australia’s Silex Systems (51%) and Canada’s Cameco (49%), has decided against responding to a US Department of Energy (DOE) request for the acquisition of high-assay low-enriched uranium enrichment (HALEU), which is not currently commercially available from US-based suppliers.
- Source: NEI Magazine
- Date: Saturday, 30 March 2024
- Original article: neimagazine.com/news/newsgle-decides-against-haleu-development-11644720
Two nuclear start-ups, Stellaria and Thorizon, each in consortium with Orano, have been selected by the French government to receive funding through the France 2030 national investment plan to develop molten salt reactors. Each consortium has been awarded a €10m ($10,8m) grant. The two projects are the result of a collaboration of several months bringing together these three companies with the aim of developing a European molten salt reactor (MSR) sector.
- Source: NEI Magazine
- Date: Thursday, 28 March 2024
- Original article: neimagazine.com/news/newsfrance-awards-grants-for-research-and-development-of-molten-salt-reactors-11635418
Global Laser Enrichment has decided not to submit a proposal in response to a US Department of Energy request for the acquisition of high-assay low-enriched uranium enrichment, its 51%-owner Silex Systems has announced. The company has also received regulatory approval to load uranium hexafluoride for the start of testing to demonstrate the technology it plans to use in its enrichment facility at Paducah in Kentucky.
- Source: World Nuclear News
- Date: Wednesday, 27 March 2024
- Original article: world-nuclear-news.org/Articles/Laser-enrichment-company-declines-HALEU-opportunit
US-based nuclear waste storage and disposal company Deep Isolation has been selected by SHINE Technologies as its preferred solution for storage and disposal of the high-level waste (HLW) that will remain as a residue after deployment of SHINE’s technology for recycling used nuclear fuel (UNF). The two companies signed a Memorandum of Understanding (MOU) to jointly drive forward used fuel recycling supported by a safe and scalable solution for the resulting waste streams.
- Source: NEI Magazine
- Date: Thursday, 14 March 2024
- Original article: neimagazine.com/news/newsshine-technologies-selects-deep-isolation-technology-for-high-level-waste-11597404