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5 news articles found
Company’s reactor on government shortlist for deployment
- Source: Nucnet
- Date: Thursday, 14 March 2024
- Original article: nucnet.org/news/holtec-launches-gbp600-million-competition-for-smr-factory-site-3-3-2024
Holtec Britain has signed a Memorandum of Understanding (MOU) with South Korea’s Hyundai E&C and UK construction and engineering companies Balfour Beatty, and Mott MacDonald. The event was hosted at the Korean Embassy in London by Ambassador Yoon Yeocheol and attended by UK Prime Minister’s Trade Envoy to Korea, Sir John Whittingdale MP.
- Source: NEI Magazine
- Date: Wednesday, 13 March 2024
- Original article: neimagazine.com/news/newsholtec-and-hyundai-partner-with-british-companies-to-deliver-smr-technology-in-the-uk-11594510
US-based Westinghouse Electric Company has signed an agreement with the UK’s Community Nuclear Power (CNP) to deploy the UK’s first privately-financed small modular reactor (SMR) fleet in Northeast England, using Westinghouse AP300 SMRs. “It is a significant step in making this new energy sector a reality with commercial operation expected by the early 2030s,” Westinghouse said.
- Source: NEI Magazine
- Date: Wednesday, 14 February 2024
- Original article: neimagazine.com/news/newswestinghouse-considers-deploying-four-ap300-smrs-in-the-uk-11512559
The UK Department for Energy Security & Net Zero (DESNZ) and Great British Nuclear (GBN) have selected six companies to advance to next phase of the small modular reactor (SMR) competition for innovative nuclear technologies.
- Source: NEI Magazine
- Date: Friday, 06 October 2023
- Original article: neimagazine.com/news/newsuk-selects-six-companies-for-next-stage-of-smr-competition-11196025
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023