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Two nuclear start-ups, Stellaria and Thorizon, each in consortium with Orano, have been selected by the French government to receive funding through the France 2030 national investment plan to develop molten salt reactors. Each consortium has been awarded a €10m ($10,8m) grant. The two projects are the result of a collaboration of several months bringing together these three companies with the aim of developing a European molten salt reactor (MSR) sector.
- Source: NEI Magazine
- Date: Thursday, 28 March 2024
- Original article: neimagazine.com/news/newsfrance-awards-grants-for-research-and-development-of-molten-salt-reactors-11635418
Molten salt reactor developers Thorizon and Stellaria, both in consortium with Orano, have been selected by the French government to receive funding through the France 2030 national investment plan.
- Source: World Nuclear News
- Date: Saturday, 23 March 2024
- Original article: world-nuclear-news.org/Articles/France-awards-grants-for-molten-salt-reactor-R-D
South Korea's Hyundai Engineering & Construction, the USA's Holtec International and British construction company Balfour Beatty and engineering firm Mott McDonald have agreed to cooperate on Holtec's bid to construct a small modular reactor in the UK.
- Source: World Nuclear News
- Date: Thursday, 07 March 2024
- Original article: world-nuclear-news.org/Articles/Team-Holtec-partners-with-British-firms-to-advance
The US Nuclear Regulatory Commission (NRC) has approved GE Vernova's nuclear fuel business to manufacture, ship and analyse the performance of nuclear fuel with uranium-235 enrichments of up to 8%.
- Source: World Nuclear News
- Date: Friday, 16 February 2024
- Original article: world-nuclear-news.org/Articles/GNF-gets-approval-to-manufacture-higher-enrichment
UK-based nuclear technology company newcleo has announced a strategic and industrial partnership with France's NAAREA designed "to support all players in their industrial, technological, scientific and regulatory development" of Generation IV fast neutron reactors.
- Source: NEI Magazine
- Date: Friday, 19 January 2024
- Original article: neimagazine.com/news/newsnewcleo-and-naarea-partner-to-support-fast-reactor-development-11445892
The UK government has outlined plans for the biggest expansion of nuclear power for 70 years to reduce electricity bills, support thousands of jobs and improve UK energy security. This includes exploring building a major new power station and investing in advanced nuclear fuel production, according to the Department for Energy Security & Net Zero (DESNZ).
- Source: NEI Magazine
- Date: Wednesday, 17 January 2024
- Original article: neimagazine.com/news/newsuk-nuclear-roadmap-envisaged-fourfold-increase-in-nuclear-generation-11439054
Puget Sound Energy - the oldest and largest utility in Washington State - is contributing USD10 million towards the feasibility stage of Energy Northwest's programme to develop and deploy a next-generation nuclear energy facility. Energy Northwest has already determined that X-energy's Xe-100 advanced small modular reactor (SMR) is the most suitable design to meet the region's specific needs.
- Source: World Nuclear News
- Date: Saturday, 13 January 2024
- Original article: world-nuclear-news.org/Articles/Utility-invests-USD10-million-in-advanced-reactor
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.”
- Source: NEI Magazine
- 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.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683
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.
- Source: World Nuclear News
- Date: Friday, 01 December 2023
- Original article: world-nuclear-news.org/Articles/SMR-fuel-supply-chain-grows-as-agreements-signed