The ADVANCE Act could mark a major step forward in the deployment of a new generation of advanced reactors The newly-introduced ADVANCE Act (“Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy”) builds on recent bipartisan efforts to ensure the new and continued use of nuclear energy. It was introduced on Monday April 3rd by five Republican …
The nuclear power industry is banking on development of small modular reactor (SMR) technology to support global growth. Canada is at the forefront of the SMR market, with at least four Canadian provinces involved in a joint strategic plan to advance the deployment of SMRs. ARC Clean Technology Canada recently signed a Memorandum of Understanding (MoU) …
US utility PacifiCorp has increased its ambition for using Natrium advanced reactors in the 2030s, adding two further units to its plans in addition to the demonstration unit already slated for a retiring coal power plant in Kemmerer, Wyoming. While the Kemmerer project’s operation has been pushed back by two years to 2030 due to …
The Biden administration is channeling hundreds of millions of dollars from recent legislation into its efforts to turn coal communities into clean energy hubs. The White House highlighted $450 million in funding from the Bipartisan Infrastructure Law available for projects, along with $16 million for studies on developing a facility that could refine rare earth …
The term “nuclear renaissance” was very popular in the early 2000s. Nuclear power plant operators had substantially improved existing plant performance, and many new plants were being considered around the world, including in the U.S. In fact, later in the decade, contracts were signed and early site work began on two dual-unit new-build nuclear projects …
The Illinois Senate has voted to lift a three-decade-old ban on the construction of new nuclear power plants in the state. On Thursday, following a bipartisan roll call, the Senate passed State Senator Sue Rezin’s legislation, Senate Bill 76, which would end the state’s moratorium on the construction of new nuclear power plants. Rezin said …
Virginia’s governor has expressed interest in bringing a small modular nuclear reactor to Southwest Virginia. Virginia Gov. Glenn Youngkin (R) signed multiple bills into Virginia law in the last week intended to promote the development of small modular reactors (SMRs). One law, from identical HB 2386 and SB 1464 bills, would create the Virginia Power Innovation Fund. …
Governor Glenn Youngkin has signed into law two bills that will support ambitions for Virginia to include small modular reactors (SMRs) as part of an “all-of-the-above” energy plan released last year. Projects on SMR feasibility and supply chain have also received a share of USD8.1 million of grant awards announced by the governor. The first …
Nearly one-fourth of the current U.S. coal-fired fleet is scheduled to retire by 2029, providing opportunities to site advanced nuclear plants, specifically small modular reactors, or SMRs, a Washington, D.C. think tank says in a recent report. The reactors can reuse coal plant electrical equipment and steam-cycle components that, combined with reuse of transmission and administrative buildings, …
GE Hitachi Nuclear Energy (GEH), Tennessee Valley Authority (TVA), Ontario Power Generation (OPG) and Synthos Green Energy (SGE) are teaming up to advance the global deployment of the GEH BWRX-300 small modular reactor (SMR). Through a technical collaboration agreement that was announced today in Washington, D.C., TVA, OPG and SGE will invest in the development …
