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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

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

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

Researchers at the US Department of Energy’s Idaho National Laboratory (INL) have performed a new experiment that shows what happens to nuclear fuel when there is a loss of coolant accident. This is the first such test in the US in more than 35 years Previously similar experiments were only available in Russia.

Date: Thursday, 12 October 2023
Original article: neimagazine.com/news/newsus-doe-restarts-loss-of-coolant-safety-tests-11210666

Researchers at the US Department of Energy's Idaho National Laboratory have used the lab's Transient Reactor Test (TREAT) Facility to perform the first test of its kind to be carried out in the USA for more than 35 years.

Date: Wednesday, 11 October 2023
Original article: world-nuclear-news.org/Articles/US-restores-loss-of-coolant-safety-testing-capabil

US-based Terrapower has selected four suppliers to support its Natrium Reactor Demonstration Project being developed in Kemmerer, Wyoming near a retiring coal plant. Terrapower says the contracts will help to establish key elements of the supply chain that the advanced reactor industry will require as new reactors are brought to market.

Date: Thursday, 17 August 2023
Original article: neimagazine.com/news/newsterrapower-awards-contracts-for-natrium-reactor-demonstration-project-11077749

The US Senate has voted by 96-3 to approve legislation that would strengthen domestic nuclear fuel production and ensure that disruptions in uranium supply will not impact the development of advance reactors or the operation of the USA's existing power reactor fleet.

Date: Tuesday, 01 August 2023
Original article: world-nuclear-news.org/Articles/US-Senate-votes-to-onshore-nuclear-fuel-production