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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
Kairos Power is to establish a low-power demonstration reactor at the East Tennessee Technology Park (ETTP) in Oak Ridge, investing USD100 million in a project to demonstrate its capability to deliver low-cost nuclear heat. The Hermes reactor is a scaled version of Kairos Power’s Fluoride Salt-Cooled High Temperature Reactor (KP-FHR), an advanced reactor technology that aims to be cost competitive with natural gas in the US electricity market. The Hermes reactor is scheduled to be operational in 2026.
- Source: World Nuclear News
- Date: Saturday, 17 July 2021
- Original article: world-nuclear-news.org/Articles/Kairos-Power-plans-Hermes-demonstration-reactor-at
US-based Kairos Power and the Tennessee Valley Authority (TVA) on 6 May announced plans to collaborate on deploying a low-power demonstration reactor at the East Tennessee Technology Park in Oak Ridge, Tennessee. As part of this agreement, TVA will provide engineering, operations, and licensing support to help Kairos Power deploy its low-power demonstration reactor, named Hermes.
- Source: NEI Magazine
- Date: Wednesday, 12 May 2021
- Original article: neimagazine.com/news/newstva-and-kairos-to-collaborate-on-hermes-smr-8735633
The Tennessee Valley Authority (TVA) is to provide engineering, operations and licensing support to help Kairos Power deploy its Hermes low-power demonstration reactor at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee under a newly announced collaboration agreement between the two companies.
- Source: World Nuclear News
- Date: Friday, 07 May 2021
- Original article: world-nuclear-news.org/Articles/TVA-and-Kairos-Power-to-collaborate-on-demonstrati
BWX Technologies Inc subsidiary Nuclear Fuel Services Inc (NFS) has been awarded a USD505 million contract for the downblending of 20.2 tonnes of highly enriched uranium (HEU) to low enriched uranium (LEU), the largest single downblending contract in NFS's history.
- Source: World Nuclear News
- Date: Monday, 01 October 2018
- Original article: world-nuclear-news.org/Articles/US-awards-HEU-downblending-contract