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21 news articles found
The Nuclear Energy Agency (NEA) has published the second edition of its Small Modular Reactor Dashboard which tracks the progress of selected small modular reactor (SMR) designs towards deployment. NEA says the SMR designs are at various stages of development, from fundamental research on new concepts to commercial deployment and operation of mature designs.
- Source: NEI Magazine
- Date: Saturday, 02 March 2024
- Original article: neimagazine.com/news/newsnea-launches-second-edition-of-its-small-modular-reactor-dashboard-11561305
Netherlands-based nuclear energy development and consultancy company ULC-Energy has undertaken a study that investigated the potential to use civil nuclear technologies to power commercial maritime vessels. The study was commissioned by mining company and shipping charterer BHP, a major producer of commodities including iron ore, copper, nickel, and metallurgical coal. BHP has approximately 80,000 employees and contractors, primarily in Australia and the Americas.
- Source: NEI Magazine
- Date: Wednesday, 28 February 2024
- Original article: neimagazine.com/news/newsbhp-to-consider-nuclear-powered-cargo-ships-11551624
HD Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of South Korea's HD Hyundai, is to collaborate in a nuclear shipping project with UK start-up Core Power and US Southern Company and TerraPower. This followed a joint research and technology exchange meeting at Terrapower’s headquarters in Washington DC.
- Source: NEI Magazine
- Date: Saturday, 10 February 2024
- Original article: neimagazine.com/news/newskorean-shipbuilder-joins-nuclear-shipping-project-11502161
Over the last several years evidence has been mounting that a large expansion of nuclear energy capacity is indispensable for keeping global warning within 1.5°C limits. Multiple studies have confirmed that, contrary to the claims by “all-renewables” zealots, no single group of technologies can enable a timely and cost-efficient energy transition, and a diversified energy mix of low-carbon sources, including both intermittent renewables and nuclear, is needed to achieve net-zero by 2050. The most recent estimates suggest that the global nuclear energy installed capacity needs to increase 2.5-3 times from the current 370 GW to between 916 GWe and 1,160 GW by 2050.
- Source: NEI Magazine
- Date: Thursday, 28 December 2023
- Original article: neimagazine.com/news/newsglobal-smr-buildout-needs-a-new-marshall-plan-11398436
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
Agreement will enable exploration of technical design and commercial viability
- Source: Nucnet
- Date: Tuesday, 05 December 2023
- Original article: nucnet.org/news/bill-gates-terrapower-signs-natrium-mou-with-uae-12-1-2023
Domestic source of production crucial for next-generation nuclear plants
- Source: Nucnet
- Date: Saturday, 14 October 2023
- Original article: nucnet.org/news/centrus-begins-enrichment-operations-as-washington-aims-to-end-russian-monopoly-on-haleu-for-advanced-reactors-10-5-2023
Researchers at the US Department of Energy's Idaho National Laboratory have used the lab's Transient Reactor Test (TREAT) Facility to perform the first test of its kind to be carried out in the USA for more than 35 years.
- Source: World Nuclear News
- Date: Wednesday, 11 October 2023
- Original article: world-nuclear-news.org/Articles/US-restores-loss-of-coolant-safety-testing-capabil
US-based Terrapower has selected four suppliers to support its Natrium Reactor Demonstration Project being developed in Kemmerer, Wyoming near a retiring coal plant. Terrapower says the contracts will help to establish key elements of the supply chain that the advanced reactor industry will require as new reactors are brought to market.
- Source: NEI Magazine
- Date: Thursday, 17 August 2023
- Original article: neimagazine.com/news/newsterrapower-awards-contracts-for-natrium-reactor-demonstration-project-11077749