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Members of the International Nuclear Regulators' Association (INRA) say they are committed to proactively collaborate on generic reactor design assessments and licensing and to support national regulatory reviews on small modular reactors (SMRs). INRA, established ion 1997, is a collective of the heads of the nuclear regulatory authorities from Canada, France, Germany, Japan, South Korea, Spain, Sweden, the UK and the USA. Its stated goal is to share knowledge and provide support to enhance nuclear safety, security and radiological protection.

Date: Wednesday, 31 May 2023
Original article: neimagazine.com/news/newsnuclear-regulators-to-collaborate-on-smrs-10898002

During a Nuclear Energy Forum, held in Sapporo, Japan, alongside the meeting of G7 ministers on climate, energy and environment, a declaration was issued by nuclear trade associations emphasising the importance of nuclear energy for transition a clean and sustainable energy future. Signatories included the World Nuclear Association (WNA), the Canadian Nuclear Association (CNA), Japan Atomic Industrial Forum (JAIF), nucleareurope, the US Nuclear Energy Institute (NEI) and the UK's Nuclear Industry Association (NIA).

Date: Thursday, 20 April 2023
Original article: neimagazine.com/news/newsnuclear-industry-calls-on-g7-to-support-development-10770197

GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to the UK Department for Business, Energy and Industrial Strategy (BEIS). Meanwhile, Holtec International said it intends to soon submit an application for its SMR-160 design.

Date: Wednesday, 21 December 2022
Original article: world-nuclear-news.org/Articles/Two-vendors-submit-SMR-designs-for-UK-assessment

In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero

Date: Wednesday, 09 November 2022
Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle

A new report by the OECD Nuclear Energy Agency (NEA), “Beyond Electricity: The Economics of Nuclear Cogeneration”, published on 22 July says: “Nuclear energy is an important source of low-carbon electricity and plays a significant role in avoiding carbon emissions. It has the potential to contribute further to the decarbonisation of the world’s energy sector if it is also used to provide heat for industrial applications, which today mainly run on fossil fuels.”

Date: Friday, 29 July 2022
Original article: neimagazine.com/news/newsnea-report-looks-at-nuclear-cogeneration-9883922

Given the EU's legally binding 2050 comprehensive decarbonisation policy with adequate CO2 pricing, the closure of many large nuclear power plants in Belgium and Germany, and an EU-wide coal power phase out by 2030-2050 and the inability of intermittent renewable energy to supply the scale and quality of energy needed for continent-scale decarbonisation, there is a strong business case to deploy small modular reactors (SMRs) in the EU by 2040, writes Kalev Kallemets, co-founder and CEO of Fermi Energia.

Date: Friday, 08 October 2021
Original article: world-nuclear-news.org/Articles/Viewpoint-Energy-crisis-demands-quickly-scalable-S

GS Energy involvement follows moves by Japan firms in early 2021 A computer-generated image of a NuScale SMR nuclear power plant. Courtesy NuScale. NuScale Power announced today that it has signed an investment agreement with GS Energy North America Investments, the US-based branch of South Korea’s GS Energy Group, in a move which “will support future deployments” of NuScale’s small modular reactor (SMR) designs.

Oregon-based NuScale said in a statement that the agreement with GS Energy is “a significant step” towards commercialising the company’s SMR technology and “continues the strong momentum of investments” NuScale has secured in recent months.

The statement said that GS Energy will provide a cash investment in NuScale and support deployment of NuScale plants, while the two firms will also look to develop regional NuScale power plant service delivery opportunities.

Date: Thursday, 01 July 2021
Original article: nucnet.org/news/us-smr-company-announces-investment-agreement-with-south-korea-group-6-3-2021

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

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).

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