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Swedish small modular reactor (SMR) project development company Kärnfull Next has received funding of €2m ($2.2m) from Danish climate tech fund Climentum Capital and Sween’s Granitor Growth Management. Kärnfull said this “signifies one of the first instances of a European dark green climate fund investing in nuclear energy, marking a major milestone in climate-oriented investments”.

Source: NEI Magazine
Date: Wednesday, 12 July 2023
Original article: neimagazine.com/news/newskrnfull-next-receives-funding-from-climate-tech-fund-11000415

A Westinghouse-led consortium has been selected by the European Union to develop and deliver a "fully European" nuclear fuel supply for Russian-designed VVER pressurised water reactors.

Source: World Nuclear News
Date: Saturday, 08 July 2023
Original article: world-nuclear-news.org/Articles/European-consortium-focuses-on-VVER-fuel

Proposals would remove limits on reactor construction New legislation being put forward by Sweden’s centre-right coalition government removes obstacles to the potential construction of small modular reactors and will help the country in “reaching a climate neutral society with high robustness”, the secretary-general of the Swedish Atomic Forum said.

Carl Berglöf said on social media that the legislation will remove from existing law the maximum limit of 10 reactors. It will also remove a clause that says new reactors can only be built at existing site. “This proposal paves the way for SMRs in Sweden,” he said.

Mr Berglöf said that specifically, the government wants to remove article 6a of chapter 17 (“article 17.6a”) in the country’s environmental act. This article prohibits the government from giving permit to a reactor that is not replacing an existing reactor that has been permanently shut down.

Source: Nucnet
Date: Friday, 13 January 2023
Original article: nucnet.org/news/nuclear-legislation-removes-obstacles-to-smr-deployment-says-head-of-atomic-society-1-4-2023

Finland is committed to the safe, secure and sustainable management of radioactive waste as it nears completion of the world's first geological disposal facility for used fuel, an International Atomic Energy Agency (IAEA) team of experts has concluded.

Source: World Nuclear News
Date: Wednesday, 14 December 2022
Original article: world-nuclear-news.org/Articles/IAEA-sees-Finnish-commitment-to-safe-radwaste-mana

‘Without nuclear we cannot be self-sufficient and carbon neutral’ “Nuclear energy has a key role to play in producing carbon-free energy and in achieving Finland’s carbon neutrality target by 2035,” Mika Lintilä said. The war in Ukraine means Finland must look for energy solutions – including nuclear – that are independent of Russian imports with small modular rectors one possible solution, economy minister Mika Lintilä said at the opening session of NuclearEurope2022 and the Nordic Nuclear Forum 2022 in Helsinki.

Mr Lintilä said Finland faces the challenge of achieving climate neutrality and “without nuclear energy in Europe, we cannot be carbon neutral and self-sufficient”.

“Nuclear energy has a key role to play in producing carbon-free energy and in achieving Finland’s carbon neutrality target by 2035,” he said.

“It is a question of continuing to operate existing nuclear power plants, as in the case of Fortum’s requests to continue operating units at Loviisa, or building new power plants.”

Source: Nucnet
Date: Thursday, 09 June 2022
Original article: nucnet.org/news/smrs-could-help-reduce-dependency-on-russia-minister-tells-conference-6-2-2022

Start-up nuclear energy company Fermi Energia on 16 February announced an initial investment round for a proposed reactor in Estonia, saying it will file a planning application later this year, ETV news show "Aktuaalne kaamera" (AK) reported. The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a small modular reactor (SMR).

Source: NEI Magazine
Date: Friday, 19 February 2021
Original article: neimagazine.com/news/newsestonias-fermi-energia-seeks-1m-to-launch-smr-planning-procedure-8532118

Declaration signed at virtual conference calls for reactor deployment in Europe by 2030s Fermi Energia chief executive Kalev Kallemets (above left) told the conference the commpany aims to apply to the government to start the planning process for an SMR in late 2021. Estonian company Fermi Energia is raising capital to start the official planning process for new generation small modular reactor units and has signed a declaration with eight other firms and organisations calling for deployment in Europe by the 2030s.

The declaration calls for “a pragmatic approach” to SMR licensing to overcome licensing and regulatory challenges and reduce SMR project risk relating to nuclear regulation and the licensing process. It says SMR design standardisation must be facilitated “to the greatest extent possible”.

“In developing or updating the regulatory framework applicable to SMRs, host country nuclear regulatory bodies should seek to facilitate regulatory harmonisation,” the declaration says. “Regulatory frameworks should be based on International Atomic Energy Agency safety standards and European Union nuclear safety directives should be implemented.”

SMR host countries should also consider compatibility with relevant vendor and reference plants.

The declaration was signed during a virtual conference on SMR deployment in Estonia by Fermi Energia, Finland’s Fortum, Tractabel of Sweden, Vattenfall of Belgium, Synthos of Poland, the Czech Republic CEZ Group, Nuclearelectrica of Romania, the e-Lise Foundation of the Netherlands and the 18for0 lobby group from Ireland.

Source: Nucnet
Date: Thursday, 11 February 2021
Original article: nucnet.org/news/fermi-energia-raising-capital-to-begin-smr-licensing-process-2-3-2021

Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear programme.

Source: World Nuclear News
Date: Thursday, 11 February 2021
Original article: world-nuclear-news.org/Articles/No-time-to-waste-in-Estonian-SMR-deployment-confer