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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

Following the launch of a programme aimed at leveraging its experience in successfully delivering a nuclear power plant project, the UAE's Emirates Nuclear Energy Corporation (ENEC) has signed a number of agreements with small modular reactor and micro-reactor vendors to explore opportunities for the commercialisation and global deployment of their designs.

Date: Wednesday, 06 December 2023
Original article: world-nuclear-news.org/Articles/ENEC-to-evaluate-deployment-of-SMRs-and-microreact

Ontario Power Generation has selected suppliers Cameco, Urenco USA, Orano and Global Nuclear Fuel-Americas for the first fuel contracts for its planned small modular reactor (SMR) units at the Darlington New Nuclear Project, while TerraPower and uranium producer Uranium Energy Corp are to work together on the fuel supply chain ahead of the construction of the first-of-a-kind Natrium plant.

Date: Friday, 01 December 2023
Original article: world-nuclear-news.org/Articles/SMR-fuel-supply-chain-grows-as-agreements-signed