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. Holtec participated in the Korea-US Advanced Industry and Clean Energy Partnership Event …
The nuclear industry’s big bet on going small. Inside the Transient Reactor Test Facility, a towering, windowless gray block surrounded by barbed wire, researchers are about to embark on a mission to solve one of humanity’s greatest problems with a tiny device. Next year, they will begin construction on the MARVEL reactor. MARVEL stands for Microreactor …
Several American startups are working on building a new generation of small reactors that could push nuclear energy into a new phase, with support from the US government. During a recent hearing before the House Appropriations Committee, US Secretary of Energy Jennifer Granholm restated the “importance of nuclear energy” for the current administration regarding America’s …
OSGE Vice President Dawid Jackiewicz handed in the application to the ministry on 27 April, the company said in a tweet (Image: OSGE) Orlen Synthos Green Energy (OSGE) has submitted applications to Poland’s Ministry of Climate for a decision-in-principle on the construction of power plants based on GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor …
Agreements to cooperate on small modular reactors (SMRs) have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol to the USA. Doosan Enerbility and the Export-Import Bank of Korea (KEXIM) signed a memorandum of understanding (MoU) to cooperate with NuScale Power, while SK and Korea Hydro & Nuclear …
Energoatom President Petro Kotin at the signing ceremony (Image: Energoatom) Up to 20 Holtec SMR-160 plants will be built in Ukraine under a cooperation agreement signed between Holtec International and Ukrainian national nuclear operator Energoatom. The agreement calls for the first plant to begin supplying power by March 2029. The agreement was signed on 21 …
How a completed plant could look (Image: Rosatom/Telegram) Nuclear regulator Rostekhnadzor has granted a licence to build the country’s first land-based small modular reactor (SMR), in the Republic of Sakha (also known as Yakutia) in Russia’s Arctic north. Rosatom’s SMR is a water-cooled RITM-200N reactor that has been adapted from the RITM-200 series used to …
Korea Atomic Energy Research Institute (KAERI) has signed a memorandum of understanding (MoU) with the Government of Alberta to collaborate on the deployment of small modular reactor (SMR) technology – including the Korean-designed SMART reactor – in the Canadian province. The MoU was signed on 19 April by KAERI President Joo Han-Gyu, Alberta Minister of …
Members of Congress voiced concerns about nuclear waste and were warned that plants and reactors aren’t being built fast enough to slow climate change. Members of a U.S. House of Representatives subcommittee on Tuesday pledged bipartisan support for the development of nuclear energy, while questioning the difficulty in disposing of spent fuel and the time …
SIZEWELL C, in the UK, is developing plans to demonstrate how heat from a nuclear plant could be used to power direct air capture (DAC) technology to suck CO2 emissions from the atmosphere. Sizewell C and ports operator Associated British Ports plan to lease land at Lowestoft port where they will build a demonstrator for …
