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South Africa’s Koya Capital has signed a partnership agreement with Stratek Global to assist in securing finance for construction of a high temperature modular reactor. The ZAR9bn ($480m) HTMR-100 is based on South Africa’s Pebble Bed Modular Reactor (PBMR).
- Source: NEI Magazine
- Date: Friday, 12 April 2024
- Original article: neimagazine.com/news/newssupport-grows-for-south-africas-htmr-100-smr-11676146
X-Energy UK Holdings, a wholly-owned subsidiary of US-based X-energy Reactor Company and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International have been awarded funding from the UK Government’s Future Nuclear Enabling Fund (FNEF) to further the development of their plans to deploy Xe-100 advanced modular reactors (AMRs) in the UK. The government’s £3.34m ($4.23m) will be matched by X-energy for a total programme of £6.68m. The funds will be used to develop UK-specific deployment plans including an assessment of domestic manufacturing and supply chain opportunities, constructability, modularisation studies, and fuel management.
- Source: NEI Magazine
- Date: Thursday, 11 April 2024
- Original article: neimagazine.com/news/newsfunding-secured-to-accelerate-xe-100-deployment-in-the-uk-11671126
US-based X-energy Reactor Company and Canadian power company TransAlta Corporation have announced a partnership to study deployment of X-energy’s Xe-100 small modular reactors (SMRs) in Alberta. The study will be supported through funding from Emissions Reduction Alberta (ERA) and will assess the feasibility of repurposing a fossil fuel electricity generation site for an Xe-100 plant.
- Source: NEI Magazine
- Date: Friday, 05 April 2024
- Original article: neimagazine.com/news/newsx-energy-and-transalta-to-assess-use-of-xe-100-smrs-in-alberta-11658926
As well as preparing to issue a Request for Proposals for 2500 MW of new nuclear "this calendar year", the Nuclear Energy Summit was told that South Africa is developing its Pebble Bed Modular Reactor technology and "deserves the opportunity to implement the complete nuclear fuel cycle for peaceful uses".
- Source: World Nuclear News
- Date: Tuesday, 26 March 2024
- Original article: world-nuclear-news.org/Articles/South-Africa-aims-to-be-global-supplier-of-HTR-fue
The Southern African Agri Initiative (Saai) and US venture capital firm C5 Capital have announced a groundbreaking strategic partnership. The alliance aims to spearhead the development of innovative nuclear solutions to bolster agriculture and ensure food security across South Africa and the wider African continent. This also sets the standard for similar projects throughout Africa.
- Source: NEI Magazine
- Date: Friday, 22 March 2024
- Original article: neimagazine.com/news/newspbmr-project-revived-in-south-africa-11621075
US-based X-energy Reactor Company has opened the first training centre for future operators of its Xe-100 advanced small modular reactor (SMR). The Plant Support Center (PSC) is a 10,000 square foot state-of-the-art facility, which includes a full-scale plant control room simulator, reactor protection system prototype, and virtual reality experience, as well as offices and classrooms.
- Source: NEI Magazine
- Date: Thursday, 21 March 2024
- Original article: neimagazine.com/news/newsx-energy-opens-training-centre-for-xe-100-smr-operators-11616710
The African Commission On Nuclear Energy (AFCONE) and US-based DeepGEO have signed a partnership agreement paving the way for expanding nuclear energy in Africa and establishing a fully autonomous African nuclear supply chain. The African Nuclear Energy Funding Initiative (ANEFI) agreement supports the development of multinational repositories for high level nuclear waste in Africa to promote regional governance and secure financing for vital infrastructure development. DeepGEO said this “enhances the sustainability of nuclear energy worldwide, and boosts sustainable development in a continent that is expected to become home to 25% of the global population by the year 2050”.
- Source: NEI Magazine
- Date: Saturday, 09 March 2024
- Original article: neimagazine.com/news/newsafcone-and-deepgeo-launch-partnership-to-expand-nuclear-energy-in-africa-11585821
The African Commission on Nuclear Energy and DeepGeo have signed a partnership agreement which could see multinational deep geological repositories hosted in Africa, with a proportion of the income used to facilitate nuclear energy deployment.
- Source: World Nuclear News
- Date: Wednesday, 06 March 2024
- Original article: world-nuclear-news.org/Articles/AFCONE-and-DeepGeo-launch-African-nuclear-funding
French nuclear engineering group Framatome reported revenue of almost €4.1bn ($4.4bn) in 2023, with an organic increase of 9.1% compared with 2022. The growth was driven by the development of EPR projects in France and the UK and by an increase in service activities for EDF in France. New orders reached €4.bn in 2023, with significant successes for services to the installed fleet and fuel fabrication in Europe and North America.
- Source: NEI Magazine
- Date: Thursday, 22 February 2024
- Original article: neimagazine.com/news/newsrevenue-increase-for-framatome-11536610
France's nuclear industry giants - EDF, Framatome and Orano - have each reported improved results for 2023, compared with 2022, and expect continued growth in 2024, partly due to France's plan to build new reactors.
- Source: World Nuclear News
- Date: Saturday, 17 February 2024
- Original article: world-nuclear-news.org/Articles/Improved-fortunes-for-French-nuclear-sector