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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.

Date: Saturday, 02 March 2024
Original article: neimagazine.com/news/newsnea-launches-second-edition-of-its-small-modular-reactor-dashboard-11561305

Framatome US Government Solutions has announced a design phase award for the Ex-vessel Fuel Handling Equipment Project for US TerraPower’s Natrium reactor.

Date: Thursday, 29 February 2024
Original article: neimagazine.com/news/newsframatome-to-collaborate-with-terrapower-on-equipment-for-natrium-reactor-11554223

Netherlands-based nuclear energy development and consultancy company ULC-Energy has undertaken a study that investigated the potential to use civil nuclear technologies to power commercial maritime vessels. The study was commissioned by mining company and shipping charterer BHP, a major producer of commodities including iron ore, copper, nickel, and metallurgical coal. BHP has approximately 80,000 employees and contractors, primarily in Australia and the Americas. 

Date: Wednesday, 28 February 2024
Original article: neimagazine.com/news/newsbhp-to-consider-nuclear-powered-cargo-ships-11551624

US-based TerraPower has selected five suppliers to support its Natrium Reactor Demonstration Project in Kemmerer, Wyoming. TerraPower these award selections are integral to the development of the Natrium plant. “Upon completion, the Natrium plant will be a full commercial operating plant and will bring to market clean, reliable, stable baseload energy and flexible energy storage, as well as long-term jobs to energy producing communities.”

Date: Wednesday, 14 February 2024
Original article: neimagazine.com/news/newsterrapower-selects-five-suppliers-for-its-natrium-reactor-project-11512368

HD Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of South Korea's HD Hyundai, is to collaborate in a nuclear shipping project with UK start-up Core Power and US Southern Company and TerraPower. This followed a joint research and technology exchange meeting at Terrapower’s headquarters in Washington DC.

Date: Saturday, 10 February 2024
Original article: neimagazine.com/news/newskorean-shipbuilder-joins-nuclear-shipping-project-11502161

South Korea's HD Korea Shipbuilding & Offshore Engineering (KSOE) plans to develop a small modular reactor (SMR) for use in shipping in cooperation with the UK's Core Power and the USA's Southern Company and TerraPower.

Date: Thursday, 08 February 2024
Original article: world-nuclear-news.org/Articles/Korean-shipbuilder-joins-maritime-SMR-project

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.

Date: Thursday, 28 December 2023
Original article: neimagazine.com/news/newsglobal-smr-buildout-needs-a-new-marshall-plan-11398436

The company responsible for implementing the UAE's civil nuclear power programme has signed separate agreements with several small modular reactor (SMR) developers on the sidelines of the COP28 climate conference in Dubai.

Date: Tuesday, 12 December 2023
Original article: world-nuclear-news.org/Articles/ENEC-signs-multiple-SMR-MoUs

US-based TerraPower has signed a memorandum of understanding (MOU) with the UAE’s Emirates Nuclear Energy Corporation (ENEC) on the sidelines of COP28 to explore opportunities for the commercialisation and global deployment of Terrapower’s Natrium technology. “Bringing advanced nuclear technologies to market is critical to meeting global decarbonisation targets,” said TerraPower President & CEO Chris Levesque. “TerraPower and ENEC are leading the way in deploying nuclear plants, and this agreement allows us to share our expertise and design experience, and explore the opportunity for deployment of Natrium reactors around the world including additional locations in the United States.”

Date: Thursday, 07 December 2023
Original article: neimagazine.com/news/newsterrapower-signs-mous-with-enec-and-uranium-energy-corp-11351984

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.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683