Latest News

Filters

Filter by tags: United States Department of Energy Canada Small modular reactor Clear all tag filters

12 news articles found


Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

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.

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

X Energy Reactor Company - known as X-energy - has entered into a definitive business combination agreement with Ares Acquisition Corporation (AAC). The combination will establish X-energy as a publicly traded company, a move that is expected to accelerate the small modular reactor developer's growth strategy.

Date: Thursday, 08 December 2022
Original article: world-nuclear-news.org/Articles/X-energy-joins-forces-with-Ares-to-go-public

Global Nuclear Fuel-Americas (GNF-A) and TerraPower are to build the Natrium Fuel Facility at GNF-A's existing site in North Carolina. The facility is part of a major expansion to GE Hitachi Nuclear Energy's (GEH) Wilmington operations that will also support commercial deployment of the BWRX-300 small modular reactor (SMR).

Date: Tuesday, 25 October 2022
Original article: world-nuclear-news.org/Articles/New-advanced-reactor-fuel-facility-for-expanding-G

X-energy Canada and the Saskatchewan Industrial and Mining Suppliers Association (SIMSA) have signed a memorandum of understanding (MOU) to support the potential deployment of Xe-100 small modular reactors (SMRs). Under this agreement, the two parties will explore opportunities to build supply chain capacity in Saskatchewan, helping the province capitalise on the potential benefits of the Xe-100 Generation IV nuclear reactor technology.

Date: Thursday, 04 August 2022
Original article: neimagazine.com/news/newsx-energy-canada-and-simsa-support-potential-deployment-of-xe-100-smrs-9897187

Ontario Power Generation (OPG) and X-energy have signed a framework agreement to seek opportunities for the decarbonisation of high-temperature industrial applications through the deployment of Xe-100 small modular reactors (SMRs) in Canada.

Date: Thursday, 14 July 2022
Original article: world-nuclear-news.org/Articles/OPG,-X-energy-to-examine-industrial-applications-f

White House says partnership will position US technology to lead global race for SMR deployment NuScale’s SMR design features a fully factory-fabricated module capable of generating 77 MW of electricity. Courtesy NuScale. US president Joe Biden and Romania’s president Klaus Iohannis announced at the Cop26 climate conference in Glasgow that NuScale Power and Romania’s state-owned nuclear company Nuclearelectrica are planning to build a first-of-a-kind small modular reactor plant in Romania.

US-based NuScale, which has developed a modular, light-water SMR, said the “teaming agreement” builds upon an intergovernmental agreement signed by the US Department of Energy and the Romanian energy ministry. In 2019, NuScale and Nuclearelectrica signed a memorandum of understanding to evaluate the development, licensing and construction of a NuScale SMR in Romania.

The White House had said earlier in a fact sheet on president Joe Biden’s climate plans that the partnership will position US technology to lead in the global race for SMR deployment.

NuScale said the partnership comes at a pivotal time as senior government policymakers from around the world discuss the urgency of accelerating the clean energy transition. NuScale’s SMRs can support international climate goals to mitigate the worst impacts of climate change while strengthening global prosperity, the company said.

Date: Thursday, 04 November 2021
Original article: nucnet.org/news/us-and-romania-confirm-agreement-to-collaborate-on-nuscale-plant-11-3-2021

Canadian companies Cameco and X-energy have entered a non-binding and non-exclusive Memorandum of Understanding to explore possible areas of cooperation to support the potential future deployment, fuelling and servicing of Xe-100 small modular reactors (SMRs) in Canada and the USA.

Date: Saturday, 18 September 2021
Original article: world-nuclear-news.org/Articles/Cameco-X-energy-join-up-to-support-SMR-deployment

Japanese engineering, procurement, and construction firm JGC Holdings Corporation (JGC HD) has agreed to invest USD40 million in small modular reactor developer NuScale Power. It will also partner with Fluor Corporation - NuScale's majority investor - on the deployment of NuScale power plants.

Date: Wednesday, 07 April 2021
Original article: world-nuclear-news.org/Articles/Japans-JGC-invests-in-NuScale-Power

The use of advanced nuclear technologies could help the world meet increasing electricity demand whilst reducing greenhouse gas emissions. However, the deployment and commercialisation of advanced reactors faces many challenges, according to a discussion on nuclear innovation at the Atlantic Council Global Energy Forum.

Date: Tuesday, 26 January 2021
Original article: world-nuclear-news.org/Articles/Hurdles-to-advanced-nuclear-deployment-need-addres

US-based NuScale Power said on 10 November that it had re-assessed its existing reference plant design and would announce variations that offer increased per module power generating capacity and smaller scale plant options.

Date: Thursday, 12 November 2020
Original article: neimagazine.com/news/newsnuscale-power-announces-25-increase-in-capacity-of-its-smr-modules-8356708