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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.”

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.

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.

Date: Friday, 01 December 2023
Original article: world-nuclear-news.org/Articles/SMR-fuel-supply-chain-grows-as-agreements-signed

US-based BWX Technologies (BWXT) has signed a two-phase, two-year contract with the US Wyoming Energy Authority (WEA) to assess the viability of deploying small-scale nuclear reactors in the state. BWXT said it will execute the contract in close consultation with the State of Wyoming and other Wyoming organisations and companies.

Date: Friday, 15 September 2023
Original article: neimagazine.com/news/newsbwxt-to-evaluate-microreactor-deployment-in-wyoming-11146865

BWX Technologies Inc has been contracted by the Wyoming Energy Authority (WEA) to assess the viability of deploying microreactors in the state. The value of the contract was not disclosed.

Date: Thursday, 14 September 2023
Original article: world-nuclear-news.org/Articles/BWXT-to-evaluate-microreactor-deployment-in-Wyomin

The US Department of Energy (DOE) is working to recycle used fuel from the closed EBR-II reactor to make high-assay low-enriched uranium (HALEU) which is required by most advanced reactors designs. HALEU, enriched between 5% and 19.75% with uranium-235, is not currently available from domestic suppliers

Date: Wednesday, 06 September 2023
Original article: neimagazine.com/news/newsus-doe-seeks-to-make-haleu-from-ebr-ii-used-fuel-11121968

A project led by BWXT Advanced Technologies LLC to assess the viability of deploying microreactors to supplement Wyoming's existing power generation resources is set to be one of the first recipients of matched funding under a state-appropriated programme. But TerraPower has put its plans to apply for a construction permit for a Natrium reactor in the state back by five months.

Date: Tuesday, 15 August 2023
Original article: world-nuclear-news.org/Articles/Wyoming-to-consider-microreactors-as-SMR-plans-con

Terrestrial Energy has signed a manufacturing and supply contract with Westinghouse subsidiary Springfields Fuels Limited to deliver a pilot Integral Molten Salt Reactor (IMSR) fuel plant in the UK, paving the way to provide the fuel to support future fleet deployment of IMSRs. The project is receiving support from the UK government's Nuclear Fuel Fund.

Date: Saturday, 05 August 2023
Original article: world-nuclear-news.org/Articles/Contract-signed-for-IMSR-fuel-pilot-plant

South Korean national financial institutions K-Sure (Korea Trade Insurance Corporation) and Kexim (Export-Import Bank of Korea) have both signed agreements with US-based Holtec International and Korea’s Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.

Date: Wednesday, 10 May 2023
Original article: neimagazine.com/news/newsholtec-and-hyundai-win-korean-financial-support-for-smr-160-10831816

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.

Date: Thursday, 04 May 2023
Original article: world-nuclear-news.org/Articles/Team-Holtec-signs-agreements-with-Korean-financial