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7 news articles found
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
Two South Korean national financial institutions - Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM) - have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.
- Source: World Nuclear News
- Date: Thursday, 04 May 2023
- Original article: world-nuclear-news.org/Articles/Team-Holtec-signs-agreements-with-Korean-financial
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.
- Source: World Nuclear News
- Date: Wednesday, 21 December 2022
- Original article: world-nuclear-news.org/Articles/Two-vendors-submit-SMR-designs-for-UK-assessment
Holtec International has concluded a Memorandum of Agreement (MOA) with the Czech Republic’s Škoda Praha and South Korea’s Hyundai Engineering and Construction (HDEC) to advance the planning for construction of SMR-160s in the Czech Republic. The SMR-160 is a small modular pressurised light-water reactor, generating 160MWe (525MWt) using low-enriched uranium fuel, with flexibility to produce process heat for industrial applications and hydrogen production.
- Source: NEI Magazine
- Date: Friday, 28 October 2022
- Original article: neimagazine.com/news/newsholtec-advances-plans-for-smr-160-deployment-in-czech-republic-10122770
Holtec International of the USA and South Korea's Hyundai Engineering & Construction have agreed to accelerate the programme to complete the balance of plant design of the remaining systems and structures for the SMR-160 advanced small modular reactor.
- Source: World Nuclear News
- Date: Friday, 21 October 2022
- Original article: world-nuclear-news.org/Articles/Holtec,-Hyundai-to-accelerate-SMR-development
US-based Ultra Safe Nuclear Corporation (USNC) and South Korea’s Hyundai Engineering have entered into a Framework Agreement for Procurement, extending existing collaboration in project development and deployment. The agreement, signed in Ottawa (Canada) builds on many years of collaboration between the two companies, a business cooperation agreement signed in January 2022, and an engineering agreement signed in June 2022.
- Source: NEI Magazine
- Date: Friday, 02 September 2022
- Original article: neimagazine.com/news/newsultra-safe-nuclear-and-hyundai-engineering-collaborate-on-microreactors-9969413
North Korea confirmed on 17 August that it has resumed plutonium production and said it has no plans to stop nuclear tests as long as perceived threats from the USA continue. "We have reprocessed used nuclear fuel rods removed from a graphite-moderated reactor," the Atomic Energy Institute, which holds jurisdiction over North Korea's main nuclear facilities at the Yongbyon complex, said in a written interview with Kyodo News. In its first-ever response to foreign media questions, the institute also said North Korea has been producing highly enriched uranium necessary for nuclear arms and power "as scheduled”.
- Source: NEI Magazine
- Date: Tuesday, 23 August 2016
- Original article: neimagazine.com/news/newsnorth-korea-resumes-plutonium-production-4986132