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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.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683
US fusion energy tech startup Helion Energy has signed an agreement to provide Microsoft with electricity from its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project. Helion said the plant is expected to be online by 2028 and will target power generation of 50 MW or more after a one-year ramp up period. The companies did not disclose financial or timing details of the power purchase agreement, or which Microsoft facilities would get fusion-generated electricity.
- Source: NEI Magazine
- Date: Wednesday, 17 May 2023
- Original article: neimagazine.com/news/newshelion-announces-first-fusion-energy-purchase-agreement-with-microsoft-10852833
South Korea's SK Group has signed a Memorandum of Understanding (MoU) with TerraPower of the USA to jointly develop "next-generational technologies" needed for small modular reactors (SMRs).
- Source: World Nuclear News
- Date: Wednesday, 18 May 2022
- Original article: world-nuclear-news.org/Articles/Korean-conglomerate-to-cooperate-with-TerraPower